LAPSE:2023.34374
Published Article
LAPSE:2023.34374
“Peer-to-Peer Plus” Electricity Transaction within Community of Active Energy Agents Regarding Distribution Network Constraints
Min Fu, Zhiyu Xu, Ning Wang, Xiaoyu Lyu, Weisheng Xu
April 25, 2023
This paper proposes the concept “active energy agent (AEA)” to characterize the autonomous and interactive entities of power system. The future distribution network is a peer-to-peer (P2P) community based on numbers of AEAs. A two-stage “P2P Plus” mechanism is developed to address the electricity transaction within AEA community. In the first “P2P” stage, electricity is directly traded among AEAs via P2P price bidding. The model of P2P transaction is established, and the method of multi-dimensional willingness is adopted in price bidding. In the second “Plus” stage, the centralized coordination by distribution company (DisCo) is formulated as a constrained optimization problem, in which the objective is to maximize profit and the constraints are the basic rights of AEAs and line ratings of distribution network. A 30-bus test system including 29 AEAs and main grid is investigated. Numeric simulation results verify the effectiveness of the proposed models and methods regarding flow constraint. Comparative study reveals the economic motivations of AEAs to participate in P2P transaction, the efficiency of combined search, and the benefit of DisCo from pricing control.
Keywords
active energy agent (AEA), distribution company (DisCo), distribution network constraint, peer-to-peer (P2P) transaction, price bidding
Suggested Citation
Fu M, Xu Z, Wang N, Lyu X, Xu W. “Peer-to-Peer Plus” Electricity Transaction within Community of Active Energy Agents Regarding Distribution Network Constraints. (2023). LAPSE:2023.34374
Author Affiliations
Fu M: School of Electronics and Information Engineering, Tongji University, Shanghai 201804, China
Xu Z: School of Electronics and Information Engineering, Tongji University, Shanghai 201804, China
Wang N: Institute of Bigdata and Informatization, Tongji University, Shanghai 200092, China [ORCID]
Lyu X: School of Electronics and Information Engineering, Tongji University, Shanghai 201804, China
Xu W: School of Electronics and Information Engineering, Tongji University, Shanghai 201804, China; Institute of Bigdata and Informatization, Tongji University, Shanghai 200092, China
Journal Name
Energies
Volume
13
Issue
9
Article Number
E2408
Year
2020
Publication Date
2020-05-11
Published Version
ISSN
1996-1073
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PII: en13092408, Publication Type: Journal Article
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doi:10.3390/en13092408
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Apr 25, 2023
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