Journal
INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS
Volume 138, Issue -, Pages -Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.ijepes.2021.107903
Keywords
Peer-to-peer transactive energy trading; Nash bargaining Vertex scenario-based robust optimization; Renewable energy
Categories
Funding
- Shenzhen Science and Tech-nology Program [JCYJ20210324130811031]
- Guangdong Basic and Applied Basic Research Foundation [2021A1515012450]
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This paper investigates a peer-to-peer transactive energy trading framework among prosumers in the active distribution network and proposes a vertex scenario-based robust optimization method to handle uncertainties of renewable energy. The developed model aims to minimize the overall cost of multi-energy resource owners considering power loss and incorporates various network constraints to ensure reliable and safe operation. Adoption of Nash bargaining theory in payment allocations encourages mutually beneficial and fair solutions to encourage prosumers' participation.
The growing integration of distributed energy resources into the smart grid promotes the transition from passive into active distribution networks. However, this process also brings significant challenges to the system's operation. This paper investigates the peer-to-peer transactive energy trading framework among prosumers in the active distribution network. To handle uncertainties of renewable energy, this paper proposes a vertex scenario-based robust optimization method with Taguchi's orthogonal array testing method, which can effec-tively reduce the scenario number and improve computational efficiency. The developed model aims to minimize the overall cost of multi-energy resource owners considering the power loss incurred by the transactive energy trading. Various network constraints are incorporated to ensure the reliable and safe operation of the distribution network. The Nash bargaining theory is adopted in the transactive energy trading payment allocations, which can obtain mutually beneficial and fair solutions to encourage prosumers' participation. Finally, several case studies are conducted on a modified 69-bus distribution network to show the effectiveness and superiority of the proposed approach in terms of improving flexibility, economy, calculation speed, and security.
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