• 대한전기학회
Mobile QR Code QR CODE : The Transactions of the Korean Institute of Electrical Engineers
  • COPE
  • kcse
  • 한국과학기술단체총연합회
  • 한국학술지인용색인
  • Scopus
  • crossref
  • orcid
Title Social Welfare Maximization in Transaction Between Aggregated Resources and Consumers Considering the Wholesale Price and the Time of Use Tariffs*
Authors 곽순혁(Sun-Hyeok Kwak) ; 고웅(Woong Ko)
DOI https://doi.org/10.5370/KIEE.2023.72.3.363
Page pp.363-373
ISSN 1975-8359
Keywords Aggregators; consumers; social welfare; time of use tariffs; wholesale price
Abstract Aggregators of distributed energy resources and consumers in the distributed energy system can transact electricity with various ways. The aggregators and the consumers can contract the appropriate power generation or power demand due to advances in the power communication. Although the aggregators and the consumers would not contract others in the conventional power system, the necessity of transaction between them will increase in the decentralized power system. The adequate operation strategies for aggregators and consumers are required to enhance their contracts and increase their benefit. In this study, we propose an operation strategy for distributed energy resources aggregators and consumers in order to maximize the social welfare. The proposed model considers the transaction between the aggregator and the consumer. The results demonstrate that the maximum social welfare can be achieved by considering the transaction between the aggregator and the consumer.