LAPSE:2023.24352
Published Article
LAPSE:2023.24352
A Stochastic MPC Based Energy Management System for Simultaneous Participation in Continuous and Discrete Prosumer-to-Prosumer Energy Markets
March 28, 2023
This article studies the exchange of self-produced renewable energy between prosumers (and with pure end consumers), through the discrete trading of energy packages and proposes a framework for optimizing this exchange. In order to mitigate the imbalances derived from discrepancies between production and consumption and their respective forecasts, the simultaneous continuous trading of instantaneous power quotas is proposed, giving rise to a time-ahead market running in parallel with a real-time one. An energy management system (EMS) based on stochastic model predictive control (SMPC) simultaneously determines the optimal bidding strategies for both markets, as well as the optimal utilisation of any energy storage system (ESS). Simulations carried out for a heterogeneous group of agents show that those with SMPC-EMS achieve savings of between 3% and 15% in their energy operation economic result. The proposed structures allows the peer-to-peer (P2P) energy trading between end users without ESS and constitute a viable alternative to avoid deviation penalties in secondary regulation markets.
Keywords
continuous market, discrete market, energy management system, energy trading, microgrids, Model Predictive Control, peer to peer, prosumers, stochastic
Suggested Citation
Baez-Gonzalez P, Garcia-Torres F, Ridao MA, Bordons C. A Stochastic MPC Based Energy Management System for Simultaneous Participation in Continuous and Discrete Prosumer-to-Prosumer Energy Markets. (2023). LAPSE:2023.24352
Author Affiliations
Baez-Gonzalez P: Department of Systems Engineering and Automatic Control, Universidad de Sevilla, 41092 Sevilla, Spain [ORCID]
Garcia-Torres F: Applications Unit, Centro Nacional del HidrĂ³geno, 13500 Puertollano, Spain [ORCID]
Ridao MA: Department of Systems Engineering and Automatic Control, Universidad de Sevilla, 41092 Sevilla, Spain [ORCID]
Bordons C: Department of Systems Engineering and Automatic Control, Universidad de Sevilla, 41092 Sevilla, Spain [ORCID]
Journal Name
Energies
Volume
13
Issue
14
Article Number
E3751
Year
2020
Publication Date
2020-07-21
Published Version
ISSN
1996-1073
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Original Submission
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PII: en13143751, Publication Type: Journal Article
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LAPSE:2023.24352
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doi:10.3390/en13143751
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Mar 28, 2023
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