Abstract
With increasing penetration of demand response and distributed renewable generation in the distribution system, distribution locational marginal price (DLMP) helps to provide a right price signal for participants in an active distribution system. Unlike the transmission system, the distribution system is unbalanced, which may result in different phase price at each bus. In this study, a three-phase current injection based optimal power flow (OPF) with robust convergence is proposed to compute DLMP at each bus and phase. Several scenarios have been modelled to validate the application of the proposed DLMP to manage distributed generation, demand response and line congestion for a modified IEEE test system.
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