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dc.contributor.authorMcCulloch, Ryan James
dc.description.abstractTo address the challenges of resource allocation in the Smart Electrical Grid a new power market is proposed. A distributed and autonomous contract net based market system in which participants, represented by the agents, engage in two distinct yet interconnected markets in order to determine resource allocation. Key to this proposed design is the 2 market structure which separates negotiations between consumers and reliable generation from negotiations between consumers and intermittent energy resources. The first or primary market operates as a first price sealed bid reverse auction while the second or secondary market utilizes a uniform price auction. In order to evaluate this new market a simulator is developed and the market is modeled and tested within it. The results of these tests indicate that the proposed design is an effective method of allocating electrical grid resources amongst consumers, generators, and intermittent energy resources with some feasibility and scalability limitations.en_US
dc.publisherNorth Dakota State Universityen_US
dc.rightsNDSU Policy 190.6.2
dc.titleA Distributed Power Market for the Smart Griden_US
dc.typeThesisen_US
dc.date.accessioned2017-11-08T19:51:35Z
dc.date.available2017-11-08T19:51:35Z
dc.date.issued2012
dc.identifier.urihttps://hdl.handle.net/10365/26809
dc.rights.urihttps://www.ndsu.edu/fileadmin/policy/190.pdf
ndsu.degreeMaster of Science (MS)en_US
ndsu.collegeEngineeringen_US
ndsu.departmentComputer Scienceen_US
ndsu.programComputer Scienceen_US
ndsu.advisorNygard, Kendall


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