Interdependency of Transmission and Distribution Pricing

Distribution markets are among the prospect being considered for the future of power systems. They would facilitate integration of distributed energy resources (DERs) and microgrids via a market mechanism and enable them to monetize services they can provide. This paper follows the ongoing work in implementing the distribution market operator (DMO) concept, and its clearing and settlement procedures, and focuses on investigating the pricing conducted by the DMO. The distribution locational margi...