Journal
ENERGIES
Volume 15, Issue 7, Pages -Publisher
MDPI
DOI: 10.3390/en15072404
Keywords
demand response; distribution locational marginal price; electricity markets; microgrids multi-agent system; transactive energy; renewable energy
Categories
Funding
- Science Committee of the Ministry of Education and Science of the Republic of Kazakhstan [AP09261258]
- Engineering and Physical Sciences Research Council [EP/V042955/1]
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This work proposes a DLMP-based TE framework for distribution systems with enthusiastic or smart prosumers. The framework uses a MAS as the basis on which the proposed TE model, DTEMS, is implemented. DTEMS utilizes the nodal earning component to optimize TE transactions by alleviating congestion in the distribution system.
This work proposes a distribution locational marginal price (DLMP)-based transactive energy (TE) framework for distribution systems with enthusiastic or smart prosumers. The framework uses a multi-agent system (MAS) as the basis on which the proposed TE model, i.e., distribution locational marginal price (DLMP) based TE management system (DTEMS), is implemented. DTEMS uses a novel metric known as the nodal earning component, which is determined by the optimal power flow (OPF) based smart auction mechanism, to schedule the TE transactions optimally among the stakeholders by alleviating the congestion in the distribution system. Based on the individual contributions to the congestion relief, DTEMS ranks the prosumers and loads as most valuable players (MVP) and assigns the energy trading price according to the category of the player. The effectiveness of the proposed TE model is verified by simulating the proposed DTEMS for a modified 33 bus radial distribution system fed with various plug-able energy resources, prosumers, and microgrids.
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