Abstract
Peer-to-peer(P2P) energy trading is one of the emerging concepts regarding local energy trading in the area of active distribution networks. It is believed to enhance the renewable energy utilization at the distribution level. In this paper, a joint operation model is proposed to embrace P2P energy trading, flexible demand, and reactive power resources in a distribution grid with unbalanced power flows. In particular, we integrate the transactive market design with the three-phase optimal power flow to cope with possible network constraint violations while minimizing the social cost. Simulation results on a modified IEEE 37-bus distribution system demonstrate that the proposed co-operation optimization outperforms sequential optimization in both reducing the operation cost and improving the voltage regulation profiles.
| Original language | English |
|---|---|
| Title of host publication | 2022 IEEE Power and Energy Society General Meeting (PESGM 2022) |
| Publisher | IEEE Computer Society |
| Pages | 1059-1063 |
| Number of pages | 5 |
| ISBN (Electronic) | 9781665408233 |
| ISBN (Print) | 9781665408240 |
| DOIs | |
| Publication status | Published - 2022 |
| Externally published | Yes |
| Event | 2022 IEEE Power and Energy Society General Meeting, PESGM 2022 - Denver, United States Duration: 17 Jul 2022 → 21 Jul 2022 |
Publication series
| Name | IEEE Power and Energy Society General Meeting |
|---|---|
| ISSN (Print) | 1944-9925 |
| ISSN (Electronic) | 1944-9933 |
Conference
| Conference | 2022 IEEE Power and Energy Society General Meeting, PESGM 2022 |
|---|---|
| Country/Territory | United States |
| City | Denver |
| Period | 17/07/22 → 21/07/22 |
Bibliographical note
Publisher Copyright:© 2022 IEEE.
Keywords
- Energy trading
- flexible demand
- peer-to-peer
- voltage regulation
