Auction-Based Single-Sided Bidding Electricity Market: An Alternative to the Bilateral Contractual Energy Trading Model in a Grid-Tied Microgrid
An auction-based single-sided bidding energy transaction mechanism in a grid-connected microgrid (MG) using a multi-agent system allows for better profit sharing for all stakeholders. This can replace existing bilateral contractual trade between the stakeholders. In the bilateral contractual energy...
Main Authors: | Hirekeri Malleshappa Manjunatha, Garighatta Krishnaiah Purushothama, Yashwanth Nanjappa, Raghavendraprasad Deshpande |
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Format: | Article |
Language: | English |
Published: |
IEEE
2024-01-01
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Series: | IEEE Access |
Subjects: | |
Online Access: | https://ieeexplore.ieee.org/document/10487918/ |
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