| Autor: |
Hanumantha Rao Bokkisam, Ritesh Mohan Acharya, Manickavasagam Parvathy Selvan |
| Rok vydání: |
2022 |
| Předmět: |
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| Zdroj: |
International Journal of Electrical Power & Energy Systems. 137:107719 |
| ISSN: |
0142-0615 |
| DOI: |
10.1016/j.ijepes.2021.107719 |
| Popis: |
This paper presents a transactive energy market pool framework for facilitating energy trading, with demand response consideration, among a group of participants in a community microgrid using an auction-theoretic approach. The auction theory is used to design the pricing mechanism in the market pool. In the market, the self-interested participants (consumers and prosumers) directly trade their net demand to the neighborhood with a transactive energy market pool operator using the existing infrastructure of the distribution utility. The market operator determines the pool market-clearing price & quantity by optimizing the received power bids and offers from the participants using a periodic iterative double auction pricing mechanism. The optimally traded price & quantity are broadcast to all the participants to perform demand response management and optimize their electricity bill. The optimal positions of schedulable loads in the market time-line are achieved using a binary genetic algorithm while minimizing the electricity bill. A comparative analysis between different pricing mechanisms is provided in terms of performance indices namely self-sufficiency and self-consumption through various case studies. It is found that the proposed auction-theoretic approach improves the rate of community self-sufficiency, rate of community self-consumption, and savings in electricity bills for the market participants compared to previously proposed pricing methods in the literature. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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Full Text from ScienceDirect