Loading...

Local energy markets design for integrated distribution energy systems based on the concept of transactive peer-to-peer market

Davoudi, M ; Sharif University of Technology | 2022

18 Viewed
  1. Type of Document: Article
  2. DOI: 10.1049/gtd2.12274
  3. Publisher: John Wiley and Sons Inc , 2022
  4. Abstract:
  5. With the advent of small-scale heat and electricity producers in distribution energy systems, the interdependencies between energy carriers have been increased. Moreover, the rapid deployment of micro CHP, electric heat pumps, electricity-to-heat appliances etc., calls for new local market frameworks to be employed in distribution energy systems. In response, this paper presents a new energy market framework based on the concept of peer-to-peer negotiations to facilitate energy transactions between agents at the distribution level while addressing the interdependencies between different energy carriers. Moreover, linear optimization problems are proposed to investigate the optimal strategies of market participants with various configurations. These optimization problems not only obtain the optimum strategy of agents to participate in the day-ahead peer-to-peer electricity market, the day-ahead heat market, and gas distribution systems but also obtain their optimal operation scheduling for the entire next day. The numerical results successfully demonstrate the applicability and merits of the proposed market framework. © 2021 The Authors. IET Generation, Transmission & Distribution published by John Wiley & Sons Ltd on behalf of The Institution of Engineering and Technology
  6. Keywords:
  7. Distribution networks ; Heating ; Power markets ; Renewable energy sources ; Linear programming ; Peer to peer networks ; Distribution levels ; Heat and electricity ; Linear optimization problems ; Market participants ; Optimal operation ; Optimal strategies ; Optimization problems ; Rapid deployments ; Power markets
  8. Source: IET Generation, Transmission and Distribution ; Volume 16, Issue 1 , 2022 , Pages 41-56 ; 17518687 (ISSN)
  9. URL: https://ietresearch.onlinelibrary.wiley.com/doi/full/10.1049/gtd2.12274