LAPSE:2023.31058
Published Article
LAPSE:2023.31058
Peer-to-Peer Electrical Energy Trading Considering Matching Distance and Available Capacity of Distribution Line
April 18, 2023
The concept of peer-to-peer (P2P) energy trading leads to the flexible energy transaction of prosumers and consumers, for which the P2P business model is normally the main attention. It still requires system operators to address the challenges in trading and constraint problems. In this context, this work regards the congestion constraint in conjunction with energy trading. Firstly, a matching approach based on the cost path is proposed. It is consistent with the cost for the dispatch along each route, making a suitable matching in both distance and bids. In combination with the matching process, the available capacity has to be considered to avoid line congestion. Secondly, the bus transfer factor (BTF) and the partitioning zone approach are proposed to overcome the issue. BTF refers to a response of bus power to the congested line power. The partitioning zone, separated into the source and the load area, enables a simple management strategy. Thereby, the power adjustment in each area follows BTF. Moreover, compensation and opportunity cost are discussed. In comparison with the demand-side reprofiling approach, this work creates more trading chances for buyers and sellers by 24.70% and 30%, respectively. The reason is traders do not have to curtail their power unnecessarily for congestion management.
Keywords
congestion management, electricity energy market, matching approach, peer-to-peer energy trading
Suggested Citation
Tubteang N, Wirasanti P. Peer-to-Peer Electrical Energy Trading Considering Matching Distance and Available Capacity of Distribution Line. (2023). LAPSE:2023.31058
Author Affiliations
Tubteang N: Department of Electrical Engineering, Faculty of Engineering, Chiang Mai University, Chiang Mai 50200, Thailand; Graduate School, Chiang Mai University, Chiang Mai 50200, Thailand [ORCID]
Wirasanti P: Department of Electrical Engineering, Faculty of Engineering, Chiang Mai University, Chiang Mai 50200, Thailand [ORCID]
Journal Name
Energies
Volume
16
Issue
6
First Page
2520
Year
2023
Publication Date
2023-03-07
Published Version
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en16062520, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2023.31058
This Record
External Link

doi:10.3390/en16062520
Publisher Version
Download
Files
[Download 1v1.pdf] (3.6 MB)
Apr 18, 2023
Main Article
License
CC BY 4.0
Meta
Record Statistics
Record Views
58
Version History
[v1] (Original Submission)
Apr 18, 2023
 
Verified by curator on
Apr 18, 2023
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2023.31058
 
Original Submitter
Auto Uploader for LAPSE
Links to Related Works
Directly Related to This Work
Publisher Version