Conceptual framework and simulation platform for reliable distribution grid monitoring and control with market interaction

In order to maintain reliability and reduce uncertainties in the operation of the distribution network caused by a large penetration of distributed generation and energy intensive appliances, monitoring capabilities of distribution networks need to be improved for the deployment of proper control actions. This paper proposes a conceptual framework for securing network operation by enhanced monitoring and control applications by taking market aspect into account. A simulation platform is proposed for the performance assessment of the monitoring and control applications, which will reveal how their accuracy is affected by the reliability of the measurement equipment and the communication system, as well as the interaction with the energy markets.