It is Time for Power Market Reform to Allow for Retail Customer Participation and Distribution Network Marginal Pricing

Posted:
12 Mar 2017
Authors:
Michael C. Caramanis
Primary Committee:
IEEE Smart Grid Newsletters
Page/Slide Count:
Pages: 3
The introduction of distribution-level marginal prices promises to have transformational impacts on power systems in terms of electricity costs, infrastructure resilience and the wide integration of renewable generation and sustainable new loads such as the electric vehicles. But to achieve the full range of potential benefits, it will be essential to adopt the right pricing structures and market reforms.

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