Price dynamics for Net electric energy metering on a distribution network: Ising's model approach

The increased integration of decentralized renewable energies in distribution networks has brought different challenges in the analysis and planning of electrical networks. The network manager must have appropriate tools allowing rapid decision-making and fair invoicing of consumers or remuneration of producers. In this article, we introduce a novel approach based on the famous Ising's model in order to model the variation in the price of reactive energy circulating on a electric distribution network according to local interactions between subscribers but also according to the general condition of the network. A simulation on the CIGRE Test network allowed us to quantify the benefit that a network manager would have using the proposed billing strategy.