Incentivizing Prosumer Voltage Regulation for Unbalanced Radial Distribution Networks

Voltage regulation in distribution networks is becoming extremely challenging with the increased penetration of rooftop photovoltaic (PV) generation. Many recent studies demonstrate the effectiveness of power control of smart inverters for voltage regulation purposes. However, how to fully incentivize demand-side participation in voltage regulation is yet to be answered. This article seeks to address this challenge by designing a comprehensive voltage regulation incentive scheme for customers to control their smart inverters in unbalanced radial distribution networks. A three-phase residential network from a Distributed Network Service Provider (DNSP) in Australia is modelled in the open-source distribution system simulator OpenDSS with real load and PV data, and an control algorithm to optimize the households' smart inverters in a distributed fashion is developed using game theory. The proposed algorithm is implemented in MATLAB, which is guaranteed to approach the optimal solution. Simulation results show that the proposed scheme achieves better voltage regulation performance as the widely adopted localized voltage-var droop control method and, at the same time, with lower costs to the prosumers.