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The electric power landscape is undergoing a profound change driven by a confluence of environmental concerns, economic forces, regulatory trends and significant advances in technology. The traditional electricity business model has been characterized by a centralized architecture where utilities deliver power from centrally coordinated generators and receive revenue based on volume of energy sales...
In this paper, we propose a distributed frequency regulation framework for prosumer-based electric energy systems, where a prosumer (producer-consumer) is defined as an intelligent agent which can produce, consume, and/or store electricity. Despite the frequency regulators being distributed, stability can be ensured while avoiding inter-area oscillations using a limited control effort. To achieve...
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