Economic Source Allocation among Multiple Distributed Energy Resources in Regulatory Markets


  • Sikha Sara Joshua
  • Ravishankar A. N


Distributed Energy Resources, Centralized Operation, Pricing Controller, Ancillary Services


Secure, reliable and economical solution for intermittent power problems is possible through active participation of converters powered by various distributed sources. This paper concerns with the allocation of resources based on pricing policy in regulatory markets. DERs at the bay level can participate in energy trading and ancillary services. Pricing signal from various resources is send to the station level central controller. The cheapest resource is then given the initiation signal to participate in power trading. The field controller gives multifunctional features to the converter at the bay level such that it exhibits bidirectional power transfer capability, load balancing and harmonics mitigation features. A utility management system where evaluations are done with priority on cost benefits allows customers to avail less expensive resources and also they get incentives for the ancillary services provided by their cheaper resources. Centralized operation of resources in a smart micro grid under varying energy prices is demonstrated. A MATLAB/ SIMULINK model has been developed with an inductive and nonlinear load to show the effectiveness of the proposed project.


StjepanSuˇci´ca, TomislavCapuderb, Marko Delimarb, “Economic dispatch of virtual power plants in an event-driven service-oriented framework using standards-based communications†Electric Power Systems Research 81 (2011) 2108– 2119, Science Direct.

S.-R. Rafiei, H. Toliyat, R. Ghazi, and T. Gopalarathnam, “An optimal and flexible control strategy for active filtering and power factor correction under non-sinusoidal line voltages,†IEEE Trans. Power Del., vol. 16, no. 2, pp. 297–305, Apr. 2001.

K Srinivas, Dr. S STulasi Ram, “A control Algorithm for power factor correction for single phase shunt active power filter under distorted supply voltage or currentsâ€, International Journal of Advanced Research in Electrical Electronics and Instrumentation Engineering , Vol 3 Issue 2, February 2013.

Srinivas Bhaskar Karanki, Nagesh Geddada, Mahesh Mishra, “A DSTATCOM Topology for Load Compensation with Non stiff sourceâ€, IEEE Transactions on Power Electronics, vol. 27, No. 3, March 2012.

Narsa Reddy Tummuru, Mahesh K. Mishra, S. Srinivas, “Multifunctional VSC Controlled Microgrid Using Instantaneous Symmetrical Components Theoryâ€,IEEE Transactions on Sustainable Energy, Vol.5, No.1, January 2014

S. Khajehoddin, M. Karimi Ghartemani, P. Jain, and A. Bakhshai,“A control design approach for three-phase grid-connected renewable energy resources,†IEEE Trans. Sustain. Energy, vol. 2, no. 4, pp. 423–432,Oct. 2011.

F. Z. Peng and J.-S. Lai, “Generalized instantaneous reactive power theory for three-phase power systems,†IEEE Trans. Instrum. Meas., vol. 45, no. 1, pp. 293–297, Feb. 1996.

F.P.Marafao, S.M Deckmann, E.K Luna, “A Novel Frequency and Positive Sequence Detector for utility applications and Power Quality Analysisâ€, IEEE Transaction on Power Delivery, Vol.8, No.2, April 1993, pp 111-119

Arindam Ghosh, Avinash Joshi, “A new approach to load balancing and power factor correction in power distribution systems†IEEE Transactions on Power Delivery, Vol.15, No.1, January 2000.

Mehmet Bayrak, Omer Usta, “Instantaneous Power in Unbalanced three phase systemsâ€, Eleco 99, International Conference on Electrical and Electronics Engineering, Eleco ’99.


How to Cite

Joshua, S. S., & N, R. A. (2015). Economic Source Allocation among Multiple Distributed Energy Resources in Regulatory Markets. Asian Journal of Engineering and Technology, 3(4). Retrieved from