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Title: Towards Designing an Interactive System for Accelerated Learning and Assessment in Engineering Mechanics: A First Look at the Deforms Problem-solving System
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Zone 1 Conference of the American Society for Engineering Education
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National Science Foundation
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  1. his work investigates the potential of using aggregate controllable loads and energy storage systems from multiple heterogeneous feeders to jointly optimize a utility's energy procurement cost from the real-time market and their revenue from ancillary service markets. Toward this, we formulate an optimization problem that co-optimizes real-time and energy reserve markets based on real-time and ancillary service market prices, along with available solar power, storage and demand data from each of the feeders within a single distribution network. The optimization, which includes all network system constraints, provides real/reactive power and energy storage set-points for each feeder as well as a schedule for the aggregate system's participation in the two types of markets. We evaluate the performance of our algorithm using several trace-driven simulations based on a real-world circuit of a New Jersey utility. The results demonstrate that active participation through controllable loads and storage significantly reduces the utility's net costs, i.e., real-time energy procurement costs minus ancillary market revenues.