Peer-to-Peer Trading in Distribution Systems with the Utility's Operation
To realize a liberalized peer-to-peer (P2P) electricity market in distribution systems with network security, this paper develops a general framework for P2P trading in distribution systems with the utility's operation. The model is formulated as a bi-level programming. The utility&#x...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
China electric power research institute
2024-01-01
|
| Series: | CSEE Journal of Power and Energy Systems |
| Subjects: | |
| Online Access: | https://ieeexplore.ieee.org/document/9535424/ |
| _version_ | 1827276349123854336 |
|---|---|
| author | Xuanyi Xiao Feng Wang Mohammad Shahidehpour Yujia Zhai Quan Zhou |
| author_facet | Xuanyi Xiao Feng Wang Mohammad Shahidehpour Yujia Zhai Quan Zhou |
| author_sort | Xuanyi Xiao |
| collection | DOAJ |
| description | To realize a liberalized peer-to-peer (P2P) electricity market in distribution systems with network security, this paper develops a general framework for P2P trading in distribution systems with the utility's operation. The model is formulated as a bi-level programming. The utility's operation is an upper level problem, where a calculation method of network usage charges for P2P trading is also proposed. Peers' P2P trading is a lower level problem. An iterative algorithm based on analytical target cascading (ATC) is proposed to solve the model, where the interactions between utility and peers are presented. Numerical results on the IEEE 33-bus system demonstrate that the proposed method realizes a liberalized P2P market and ensures network security in distribution systems. |
| first_indexed | 2024-04-24T06:43:50Z |
| format | Article |
| id | doaj.art-ef63c5071baf49d3a999c315b27d5dc5 |
| institution | Directory Open Access Journal |
| issn | 2096-0042 |
| language | English |
| last_indexed | 2024-04-24T06:43:50Z |
| publishDate | 2024-01-01 |
| publisher | China electric power research institute |
| record_format | Article |
| series | CSEE Journal of Power and Energy Systems |
| spelling | doaj.art-ef63c5071baf49d3a999c315b27d5dc52024-04-22T20:20:20ZengChina electric power research instituteCSEE Journal of Power and Energy Systems2096-00422024-01-0110262963810.17775/CSEEJPES.2020.062209535424Peer-to-Peer Trading in Distribution Systems with the Utility's OperationXuanyi Xiao0Feng Wang1https://orcid.org/0000-0002-0757-8847Mohammad Shahidehpour2Yujia Zhai3Quan Zhou4Hunan University,Department of Electrical and Information Engineering,Changsha,ChinaHunan University,Department of Electrical and Information Engineering,Changsha,ChinaIllinois Institute of Technology,Robert W. Galvin Center for Electricity Innovation,Chicago,IL,USA,60616Hunan University,Department of Electrical and Information Engineering,Changsha,ChinaHunan University,Department of Electrical and Information Engineering,Changsha,ChinaTo realize a liberalized peer-to-peer (P2P) electricity market in distribution systems with network security, this paper develops a general framework for P2P trading in distribution systems with the utility's operation. The model is formulated as a bi-level programming. The utility's operation is an upper level problem, where a calculation method of network usage charges for P2P trading is also proposed. Peers' P2P trading is a lower level problem. An iterative algorithm based on analytical target cascading (ATC) is proposed to solve the model, where the interactions between utility and peers are presented. Numerical results on the IEEE 33-bus system demonstrate that the proposed method realizes a liberalized P2P market and ensures network security in distribution systems.https://ieeexplore.ieee.org/document/9535424/Distribution systempeer-to-peer tradingelectricity marketdistributed energy resources (DERs)analytical target cascading (ATC) |
| spellingShingle | Xuanyi Xiao Feng Wang Mohammad Shahidehpour Yujia Zhai Quan Zhou Peer-to-Peer Trading in Distribution Systems with the Utility's Operation CSEE Journal of Power and Energy Systems Distribution system peer-to-peer trading electricity market distributed energy resources (DERs) analytical target cascading (ATC) |
| title | Peer-to-Peer Trading in Distribution Systems with the Utility's Operation |
| title_full | Peer-to-Peer Trading in Distribution Systems with the Utility's Operation |
| title_fullStr | Peer-to-Peer Trading in Distribution Systems with the Utility's Operation |
| title_full_unstemmed | Peer-to-Peer Trading in Distribution Systems with the Utility's Operation |
| title_short | Peer-to-Peer Trading in Distribution Systems with the Utility's Operation |
| title_sort | peer to peer trading in distribution systems with the utility x0027 s operation |
| topic | Distribution system peer-to-peer trading electricity market distributed energy resources (DERs) analytical target cascading (ATC) |
| url | https://ieeexplore.ieee.org/document/9535424/ |
| work_keys_str_mv | AT xuanyixiao peertopeertradingindistributionsystemswiththeutilityx0027soperation AT fengwang peertopeertradingindistributionsystemswiththeutilityx0027soperation AT mohammadshahidehpour peertopeertradingindistributionsystemswiththeutilityx0027soperation AT yujiazhai peertopeertradingindistributionsystemswiththeutilityx0027soperation AT quanzhou peertopeertradingindistributionsystemswiththeutilityx0027soperation |