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A local flexibility market mechanism with capacity limitation services

机译:具有容量限制服务的本地灵活性市场机制

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Local flexibility markets have a substantial potential to unlock the flexibility of distributed energy resources in the distribution level. Capacity limitation services have been perceived as one of the most appealing products to be traded in these markets. This work argues why classical market-clearing and pricing mechanisms such as payas-bid, uniform pricing and Vickrey-Clarke-Groves (VCG) are not compatible with a market that trades capacity limitations. As a solution, we propose a local flexibility market mechanism which is built upon an adapted VCGbased auction. The mechanism achieves a trade-off among various desirable economic properties, including budget-balancedness, incentive-compatibility and stability. The suitability of the proposed mechanism is illustrated using a case study which is based on a real medium voltage feeder, located on the Danish island of Bornholm. Results show that aggregators and the distribution system operator benefit from the trade of capacity limitation services. We eventually conclude by providing a set of policy recommendations for the real-life operation of such a market.
机译:本地灵活性市场具有大量潜力,可以解锁分配水平中分布式能源资源的灵活性。能力限制服务被认为是在这些市场中交易的最具吸引力的产品之一。这项工作争辩为什么古典市场清算和定价机制,如Payas-Bid,统一定价和Vickrey-Clarke-Groves(VCG)与交易容量限制的市场不兼容。作为解决方案,我们提出了一种局部灵活性市场机制,该机制建立在适应的VCGBASED拍卖后。该机制在各种理想的经济性质中实现了权衡,包括预算平衡,激励 - 兼容性和稳定性。使用案例研究说明了所提出的机制的适用性,该案例研究基于位于丹麦博恩霍尔姆丹麦岛上的真实中压馈线。结果表明,聚合器和分销系统运营商受益于能力限制服务的贸易。我们最终通过为这种市场的现实生活运作提供一系列政策建议来结束。

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