IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v12y2019i19p3716-d271788.html
   My bibliography  Save this article

Influence of DVR on Adjacent Load and Its Compensation Strategy Design Based on Externality Theory

Author

Listed:
  • Zhaobin Du

    (School of Electric Power, South China University of Technology, Guangzhou 510640, China)

  • Zhuo Chen

    (School of Electric Power, South China University of Technology, Guangzhou 510640, China)

  • Guanquan Dai

    (School of Electric Power, South China University of Technology, Guangzhou 510640, China)

  • Mohammed Yaqoob Javed

    (Electrical and Computer Engineering Department, COMSATS University Islamabad (CUI), Lahore 54660, Pakistan)

  • Chuanyong Shao

    (School of Electric Power, South China University of Technology, Guangzhou 510640, China)

  • Haoqin Zhan

    (School of Electric Power, South China University of Technology, Guangzhou 510640, China)

Abstract

Dynamic voltage restorer (DVR) is a compensation device that can effectively improve power quality, and it is widely used to compensate the voltage sag on sensitive loads. However, DVR will affect the operation of the sensitive loads in parallel at the same busbar (such parallel are defined as adjacent loads) in the process of improving sensitive load voltage quality. With the externality theory, this paper proposes a solution to clarify the influence of DVR on the adjacent load and handle the possible controversy. This paper first establishes a simple system that consists of a DVR, sensitive loads, and adjacent loads. Based on the equivalent network, the influence of the DVR on the adjacent load is analyzed in terms of voltage change and power consumed. The externality boundaries are clearly defined when considering network parameters in order to fairly deal with the interaction of multi entities. Afterwards, an optimization compensation strategy that is based on externality theory is proposed. Finally, the simulation on compensation strategy is tested on the MATLAB/Simulink platform to demonstrate the feasibility and effectiveness of the proposed method.

Suggested Citation

  • Zhaobin Du & Zhuo Chen & Guanquan Dai & Mohammed Yaqoob Javed & Chuanyong Shao & Haoqin Zhan, 2019. "Influence of DVR on Adjacent Load and Its Compensation Strategy Design Based on Externality Theory," Energies, MDPI, vol. 12(19), pages 1-19, September.
  • Handle: RePEc:gam:jeners:v:12:y:2019:i:19:p:3716-:d:271788
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/12/19/3716/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/1996-1073/12/19/3716/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dung Vo Tien & Radomir Gono & Zbigniew Leonowicz, 2018. "A Multifunctional Dynamic Voltage Restorer for Power Quality Improvement," Energies, MDPI, vol. 11(6), pages 1-17, May.
    2. Alex Robson & Stergios Skaperdas, 2008. "Costly enforcement of property rights and the Coase theorem," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 36(1), pages 109-128, July.
    3. Jean‐Charles Rochet & Jean Tirole, 2006. "Two‐sided markets: a progress report," RAND Journal of Economics, RAND Corporation, vol. 37(3), pages 645-667, September.
    4. De Borger, Bruno & Glazer, Amihai, 2017. "Support and opposition to a Pigovian tax: Road pricing with reference-dependent preferences," Journal of Urban Economics, Elsevier, vol. 99(C), pages 31-47.
    5. Javier Roldán-Pérez & Aurelio García-Cerrada & Alberto Rodríguez-Cabero & Juan Luis Zamora-Macho, 2018. "Comprehensive Design and Analysis of a State-Feedback Controller for a Dynamic Voltage Restorer," Energies, MDPI, vol. 11(8), pages 1-26, July.
    6. Yongchun Yang & Xiangning Xiao & Shixiao Guo & Yajing Gao & Chang Yuan & Wenhai Yang, 2018. "Energy Storage Characteristic Analysis of Voltage Sags Compensation for UPQC Based on MMC for Medium Voltage Distribution System," Energies, MDPI, vol. 11(4), pages 1-17, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mohammadali Norouzi & Matti Lehtonen, 2019. "Providing Fault Ride-Through Capability of Turbo-Expander in a Thermal Power Plant," Energies, MDPI, vol. 12(21), pages 1-19, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alexandre Serrano-Fontova & Pablo Casals Torrens & Ricard Bosch, 2019. "Power Quality Disturbances Assessment during Unintentional Islanding Scenarios. A Contribution to Voltage Sag Studies," Energies, MDPI, vol. 12(16), pages 1-21, August.
    2. Yuanqian Ma & Xianyong Xiao & Ying Wang, 2018. "Investment Strategy and Multi–Objective Optimization Scheme for Premium Power under the Background of the Opening of Electric Retail Side," Energies, MDPI, vol. 11(8), pages 1-25, August.
    3. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    4. Lucas A. Mariani & Jose Renato Haas Ornelas & Bernardo Ricca, 2023. "Banks’ Physical Footprint and Financial Technology Adoption," Working Papers Series 576, Central Bank of Brazil, Research Department.
    5. Anderson, Simon P. & Foros, Øystein & Kind, Hans Jarle, 2012. "Product quality, competition, and multi-purchasing," Discussion Papers 2012/9, Norwegian School of Economics, Department of Business and Management Science.
    6. Estelle Malavolti, 2016. "Single Till or Dual Till at airports: a Two-Sided Market Analysis," Post-Print hal-01406372, HAL.
    7. Holman Bueno-Contreras & Germán Andrés Ramos & Ramon Costa-Castelló, 2021. "Power Quality Improvement through a UPQC and a Resonant Observer-Based MIMO Control Strategy," Energies, MDPI, vol. 14(21), pages 1-21, October.
    8. Hui Zhang & Kai Luo & Guanqun Ni, 2022. "The effects of price subsidy and fairness concern on pricing and benefits of take-away supply chain," Journal of Combinatorial Optimization, Springer, vol. 43(5), pages 1106-1124, July.
    9. Scott Duke Kominers & Alexander Teytelboym & Vincent P Crawford, 2017. "An invitation to market design," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 33(4), pages 541-571.
    10. D'Annunzio, Anna & Russo, Antonio, 2015. "Net Neutrality and internet fragmentation: The role of online advertising," International Journal of Industrial Organization, Elsevier, vol. 43(C), pages 30-47.
    11. Lam, W., 2015. "Switching Costs in Two-sided Markets," LIDAM Discussion Papers CORE 2015024, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    12. Kind, Hans Jarle & Koethenbuerger, Marko & Schjelderup, Guttorm, 2008. "Efficiency enhancing taxation in two-sided markets," Journal of Public Economics, Elsevier, vol. 92(5-6), pages 1531-1539, June.
    13. Fumiko Hayashi, 2009. "Do U.S. consumers really benefit from payment card rewards?," Economic Review, Federal Reserve Bank of Kansas City, vol. 94(Q I), pages 37-63.
    14. Amelio, Andrea & Giardino-Karlinger, Liliane & Valletti, Tommaso, 2020. "Exclusionary pricing in two-sided markets," International Journal of Industrial Organization, Elsevier, vol. 73(C).
    15. Renato Gomes & Alessandro Pavan, 2013. "Cross-Subsidization and Matching Design," Discussion Papers 1559, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    16. Magnus Willesson, 2009. "Pricing of card payment services in Scandinavian banking," The Service Industries Journal, Taylor & Francis Journals, vol. 29(3), pages 387-399, March.
    17. Alexandre de Corniere, 2013. "Search Advertising," Economics Series Working Papers 649, University of Oxford, Department of Economics.
    18. Wilko Bolt & Sujit Chakravorti, 2011. "Pricing in Retail Payment Systems: A Public Policy Perspective on Pricing of Payment Cards," DNB Working Papers 331, Netherlands Central Bank, Research Department.
    19. Loertscher, Simon & Mezzetti, Claudio, 2021. "A dominant strategy, double clock auction with estimation-based tatonnement," Theoretical Economics, Econometric Society, vol. 16(3), July.
    20. Wilko Bolt, 2012. "Retail Payment Systems: Competition, Innovation, and Implications," DNB Working Papers 362, Netherlands Central Bank, Research Department.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:12:y:2019:i:19:p:3716-:d:271788. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.