A bi-level model for distributed generation optimal operating considering benefits of park power distribution company. Issue 4 (March 2021)

• Record Type: Journal Article
• Authors: Yin, Shuo; Wang, Shiqian; Yang, Meng; Qiu, Fengkai; Lin, Jialin; Zhang, Shuo
• Is Part Of: IOP conference series. Volume 714:Issue 4(2021)
• Publication Date: 2021-03
• Subjects: Earth sciences -- Periodicals; Environmental sciences -- Congresses; Environmental sciences -- Periodicals; 550.5
• DOI: 10.1088/1755-1315/714/4/042032
• Languages: English
• ISSNs: 1755-1307

Abstract

Abstract: Distributed power generation market transactions provide a new profit model for park power distribution companies, which stimulates its enthusiasm for investing in distributed generation (DG). This paper integrates the investment income of distributed generation and the operation strategy of the park power distribution company into a bilevel programming problem. The improved particle swarm optimization algorithm is used to solve the model. The results show that the model can increase the comprehensive income of the distribution company, formulate a reasonable DG contract price and interruptible load compensation price, and effectively guide the planning and configuration of distributed generation and the economic efficiency of power distribution companies.