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Developing a New Framework for Bidding Strategy of Prosumers in Transactive Energy Markets

Davoudi, Mehdi | 2021

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  1. Type of Document: M.Sc. Thesis
  2. Language: Farsi
  3. Document No: 54547 (46)
  4. University: Sharif University of Technology
  5. Department: Energy Engineering
  6. Advisor(s): Moeini Aghtaie, Moein
  7. Abstract:
  8. In this thesis, the bidding strategy of prosumers in transactive energy markets is analyzed. Considering the repaid increase in utilizing installations that convert multiple energy together, the concept of multi-carrier energy studies has been highlighted. Moreover, with the advent of district heating networks, thermal energy markets have gained much attention lately. The agent who participates in such markets can appropriately benefit from the inherent interdependencies between various energy carriers depending on their prices in different energy markets. This market player is technically called to pose an energy hub. In this regard, to deploy the inherent abilities of such an energy infrastructure, a novel framework is proposed that each agent can participate in energy market frameworks at the distribution level optimally. Besides, with the recent trend toward flexible loads, these loads are considered in the structure of the agents, and how they affect the optimal strategies of the agents in energy markets are put under investigation. In order to demonstrate the effectiveness of the proposed framework, it is applied to a case study, and the results prove the effectiveness and applicability of the proposed method. In this regard, the net profit of an energy hub participating in the local heat and electricity markets under the proposed framework is 392% higher than that of a regulated market. Besides, the total costs of power and heat networks are decreased by 1.6% by implementing the proposed framework
  9. Keywords:
  10. Energy Market ; Electricity Market ; Power Market ; Transactive Energy ; Thermal Energy Market ; Local Energy Markets ; Integrated Energy Market

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