Impacts of Transactive Energy Trading on the Load Point Reliability Indices of LV Distribution System
The optimal allocation of renewable energy sources and energy storage systems in medium-voltage distribution grids to achieve several objectives was followed by low-voltage applications. However, the main obstacle against large-scale renewable penetration at low voltage grids has been found as a cen...
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| Format: | Article |
| Language: | English |
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IEEE
2023-01-01
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| Series: | IEEE Access |
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| Online Access: | https://ieeexplore.ieee.org/document/10328782/ |
| _version_ | 1827376444536258560 |
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| author | Keysan Polat Aydogan Ozdemir |
| author_facet | Keysan Polat Aydogan Ozdemir |
| author_sort | Keysan Polat |
| collection | DOAJ |
| description | The optimal allocation of renewable energy sources and energy storage systems in medium-voltage distribution grids to achieve several objectives was followed by low-voltage applications. However, the main obstacle against large-scale renewable penetration at low voltage grids has been found as a centralized energy market structure where it is almost impossible to achieve all the benefits of renewable energy sources. At this point, the transactive energy market, which enables selling the surplus energy of the distributed generation owners to a consumer in their neighborhood or reverse feeding the utility through intelligent metering devices, is an attractive option. This paper presents how the transactive energy market can improve renewable energy share and customer reliability in the low voltage distribution grid. The impact of the increase in the number of prosumers who prefer to participate in the market on load point reliability indices has been studied in detail. European low voltage Test Feeder is used as an application system with sun irradiation and PV generation in a specific geographical area in Turkey. Energy market prices and their estimated future are also based on Turkey’s market prices. Reliability indices for a different number of prosumers in the network have been evaluated, and discussion has been provided regarding the network reaction to the increase in the number of prosumers. The results show that installing low voltage PV systems is an uncoordinated process, which requires a pre-simulation to estimate the economic benefits for the prospective prosumer locations, considering the consumer intentions on supply preferences. |
| first_indexed | 2024-03-08T12:09:58Z |
| format | Article |
| id | doaj.art-bd1bebd89d81429d8ce368bdbcb8e43a |
| institution | Directory Open Access Journal |
| issn | 2169-3536 |
| language | English |
| last_indexed | 2024-03-08T12:09:58Z |
| publishDate | 2023-01-01 |
| publisher | IEEE |
| record_format | Article |
| series | IEEE Access |
| spelling | doaj.art-bd1bebd89d81429d8ce368bdbcb8e43a2024-01-23T00:01:45ZengIEEEIEEE Access2169-35362023-01-011113211913213010.1109/ACCESS.2023.333686310328782Impacts of Transactive Energy Trading on the Load Point Reliability Indices of LV Distribution SystemKeysan Polat0https://orcid.org/0000-0002-8230-8441Aydogan Ozdemir1https://orcid.org/0000-0003-1331-2647Power Technologies International (PTI), Siemens Turkey, İstanbul, Kartal, TurkeyDepartment of Electrical Engineering, Istanbul Technical University, İstanbul, Maslak, TurkeyThe optimal allocation of renewable energy sources and energy storage systems in medium-voltage distribution grids to achieve several objectives was followed by low-voltage applications. However, the main obstacle against large-scale renewable penetration at low voltage grids has been found as a centralized energy market structure where it is almost impossible to achieve all the benefits of renewable energy sources. At this point, the transactive energy market, which enables selling the surplus energy of the distributed generation owners to a consumer in their neighborhood or reverse feeding the utility through intelligent metering devices, is an attractive option. This paper presents how the transactive energy market can improve renewable energy share and customer reliability in the low voltage distribution grid. The impact of the increase in the number of prosumers who prefer to participate in the market on load point reliability indices has been studied in detail. European low voltage Test Feeder is used as an application system with sun irradiation and PV generation in a specific geographical area in Turkey. Energy market prices and their estimated future are also based on Turkey’s market prices. Reliability indices for a different number of prosumers in the network have been evaluated, and discussion has been provided regarding the network reaction to the increase in the number of prosumers. The results show that installing low voltage PV systems is an uncoordinated process, which requires a pre-simulation to estimate the economic benefits for the prospective prosumer locations, considering the consumer intentions on supply preferences.https://ieeexplore.ieee.org/document/10328782/Transactive energy marketpeer to peer (P2P) energy tradingload point reliability indices |
| spellingShingle | Keysan Polat Aydogan Ozdemir Impacts of Transactive Energy Trading on the Load Point Reliability Indices of LV Distribution System IEEE Access Transactive energy market peer to peer (P2P) energy trading load point reliability indices |
| title | Impacts of Transactive Energy Trading on the Load Point Reliability Indices of LV Distribution System |
| title_full | Impacts of Transactive Energy Trading on the Load Point Reliability Indices of LV Distribution System |
| title_fullStr | Impacts of Transactive Energy Trading on the Load Point Reliability Indices of LV Distribution System |
| title_full_unstemmed | Impacts of Transactive Energy Trading on the Load Point Reliability Indices of LV Distribution System |
| title_short | Impacts of Transactive Energy Trading on the Load Point Reliability Indices of LV Distribution System |
| title_sort | impacts of transactive energy trading on the load point reliability indices of lv distribution system |
| topic | Transactive energy market peer to peer (P2P) energy trading load point reliability indices |
| url | https://ieeexplore.ieee.org/document/10328782/ |
| work_keys_str_mv | AT keysanpolat impactsoftransactiveenergytradingontheloadpointreliabilityindicesoflvdistributionsystem AT aydoganozdemir impactsoftransactiveenergytradingontheloadpointreliabilityindicesoflvdistributionsystem |