An Optimal Market Clearing Algorithm for Peer-to-Peer Energy Trading in Smart Grid

被引：0
|
作者：
Nguyen Manh Hung [1 ]
Ahn, Hyo-Sung [1 ]
机构：
[1] Gwangju Inst Sci & Technol, Sch Mech Engn, Gwangju 61005, South Korea
来源：
2021 21ST INTERNATIONAL CONFERENCE ON CONTROL, AUTOMATION AND SYSTEMS (ICCAS 2021) | 2021年
基金：
新加坡国家研究基金会;
关键词：
Energy trading; P2P; decentralized algorithm;
D O I：
暂无
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
Energy trading problem in electricity market is one of the emerging concepts in smart grid. Peer-to-peer (P2P) trading is one of the promising approaches for designing decentralized mechanism. In P2P trading approach, each player in the network connects and exchanges power or energy directedly with a set of trading neighbours. In this work, we introduce a new optimal clearing problem for P2P energy market. Next, we present a decentralized algorithm using Alternating Direction Method of Multipliers (ADMM) to maximize the total welfare of the whole community and also reach the supply-demand balance. Lastly, a pricing mechanism will be provided to choose the appropriate prices for all trading pairs such that sellers and buyers are both satisfied.
引用
收藏
页码：1071 / 1075
页数：5
相关论文
共 50 条
  • [41] An effective secured peer-to-peer energy market based on blockchain architecture for the interconnected microgrid and smart grid
    Kavousi-Fard, Abdollah
    Almutairi, Abdulaziz
    Al-Sumaiti, Ameena
    Farughian, Amir
    Alyami, Saeed
    Almutairi, Abdulaziz (ad.almutiri@mu.edu.sa), 1600, Elsevier Ltd (132):
  • [42] Peer-to-Peer Energy Trading Among Smart Homes Considering Demand Response
    Gokcek, Tayfur
    Erdinc, Ozan
    2020 12TH INTERNATIONAL CONFERENCE ON ELECTRICAL AND ELECTRONICS ENGINEERING (ELECO), 2020, : 202 - 206
  • [43] An effective secured peer-to-peer energy market based on blockchain architecture for the interconnected microgrid and smart grid
    Kavousi-Fard, Abdollah
    Almutairi, Abdulaziz
    Al-Sumaiti, Ameena
    Farughian, Amir
    Alyami, Saeed
    INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS, 2021, 132
  • [44] Peer-to-peer trading in smart grid with demand response and grid outage using deep reinforcement learning
    Alsolami, Mohammed
    Alferidi, Ahmad
    Lami, Badr
    Ben Slama, Sami
    AIN SHAMS ENGINEERING JOURNAL, 2023, 14 (12)
  • [45] An Auction Mechanism for Profit Maximization of Peer-to-Peer Energy Trading in Smart Grids
    PankiRaj, Jema Sharin
    Yassine, Abdulsalam
    Choudhury, Salimur
    10TH INTERNATIONAL CONFERENCE ON AMBIENT SYSTEMS, NETWORKS AND TECHNOLOGIES (ANT 2019) / THE 2ND INTERNATIONAL CONFERENCE ON EMERGING DATA AND INDUSTRY 4.0 (EDI40 2019) / AFFILIATED WORKSHOPS, 2019, 151 : 369 - 376
  • [46] Blockchain and cooperative game theory for peer-to-peer energy trading in smart grids
    Moniruzzaman, Md
    Yassine, Abdulsalam
    Benlamri, Rachid
    INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS, 2023, 151
  • [47] An Auction Mechanism for Profit Maximization of Peer-to-Peer Energy Trading in Smart Grids
    PankiRaj, Jema Sharin
    Yassine, Abdulsalam
    Choudhury, Salimur
    10TH INTERNATIONAL CONFERENCE ON AMBIENT SYSTEMS, NETWORKS AND TECHNOLOGIES (ANT 2019) / THE 2ND INTERNATIONAL CONFERENCE ON EMERGING DATA AND INDUSTRY 4.0 (EDI40 2019) / AFFILIATED WORKSHOPS, 2019, 151 : 361 - 368
  • [48] Dynamic Programming Based Peer-to-Peer Energy Trading Framework for Smart Microgrids
    Kalysh, I.
    Alimkhan, A.
    Temirtayev, I.
    Nunna, H. S. V. S. Kumar
    Doolla, Suryanarayana
    Vipin, Kizheppatt
    2019 IEEE 13TH INTERNATIONAL CONFERENCE ON COMPATIBILITY, POWER ELECTRONICS AND POWER ENGINEERING (CPE-POWERENG), 2019,
  • [49] Fostering Energy Transition in Smart Cities: DLTs for Peer-to-Peer Electricity Trading
    Montakhabi, Mehdi
    van der Graaf, Shenja
    Madhusudan, Akash
    Sarenche, Roozbeh
    Mustafa, Mustafa A.
    17TH ANNUAL INTERNATIONAL CONFERENCE ON DISTRIBUTED COMPUTING IN SENSOR SYSTEMS (DCOSS 2021), 2021, : 466 - 472
  • [50] A peer-to-peer energy trading market embedded with residential shared energy storage units
    Zheng, Boshen
    Wei, Wei
    Chen, Yue
    Wu, Qiuwei
    Mei, Shengwei
    APPLIED ENERGY, 2022, 308
12345