A hierarchical peer-to-peer energy trading in community microgrid distribution systems
The concept of community microgrid distribution system presents a new framework for operation and management of the future distribution systems with various operating constraints and a business model. It aims at extending the benefits of traditional microgrid by sharing the energy resources among mu...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Conference Paper |
| Language: | English |
| Published: |
2019
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/88515 http://hdl.handle.net/10220/47642 |
| _version_ | 1811688863240814592 |
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| author | Paudel, Amrit Gooi, Hoay Beng |
| author2 | School of Electrical and Electronic Engineering |
| author_facet | School of Electrical and Electronic Engineering Paudel, Amrit Gooi, Hoay Beng |
| author_sort | Paudel, Amrit |
| collection | NTU |
| description | The concept of community microgrid distribution system presents a new framework for operation and management of the future distribution systems with various operating constraints and a business model. It aims at extending the benefits of traditional microgrid by sharing the energy resources among multiple partners. Peer-to-peer (P2P) energy trading model seems to be one of the suitable models for energy trading in the future community microgrid distribution system. This paper proposes a hierarchical peer-to-peer (HP2P) energy trading framework for future community microgrid distribution networks to provide efficient energy trading in the microgrid energy market. The proposed HP2P framework is applied to a sample community microgrid distribution system. It results in cost saving and hence its effectiveness is verified by simulation study. |
| first_indexed | 2024-10-01T05:38:58Z |
| format | Conference Paper |
| id | ntu-10356/88515 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:38:58Z |
| publishDate | 2019 |
| record_format | dspace |
| spelling | ntu-10356/885152020-03-07T13:24:45Z A hierarchical peer-to-peer energy trading in community microgrid distribution systems Paudel, Amrit Gooi, Hoay Beng School of Electrical and Electronic Engineering IEEE Power and Energy Society General Meeting 2018 Peer-To-Peer (HP2P) Energy Community Distribution System DRNTU::Engineering::Electrical and electronic engineering The concept of community microgrid distribution system presents a new framework for operation and management of the future distribution systems with various operating constraints and a business model. It aims at extending the benefits of traditional microgrid by sharing the energy resources among multiple partners. Peer-to-peer (P2P) energy trading model seems to be one of the suitable models for energy trading in the future community microgrid distribution system. This paper proposes a hierarchical peer-to-peer (HP2P) energy trading framework for future community microgrid distribution networks to provide efficient energy trading in the microgrid energy market. The proposed HP2P framework is applied to a sample community microgrid distribution system. It results in cost saving and hence its effectiveness is verified by simulation study. Accepted version 2019-02-12T07:23:28Z 2019-12-06T17:05:00Z 2019-02-12T07:23:28Z 2019-12-06T17:05:00Z 2018 Conference Paper Paudel, A., & Gooi, H. B. (2018). A hierarchical peer-to-peer energy trading in community microgrid distribution systems. 2018 IEEE Power & Energy Society General Meeting (PESGM). doi:10.1109/PESGM.2018.8586168 https://hdl.handle.net/10356/88515 http://hdl.handle.net/10220/47642 10.1109/PESGM.2018.8586168 en © 2018 IEEE Power and Energy Society General Meeting 2018. All rights reserved. This paper was published in IEEE Power and Energy Society General Meeting 2018 and is made available with permission of Institute of Electrical and Electronics Engineers (IEEE). 6 p. application/pdf |
| spellingShingle | Peer-To-Peer (HP2P) Energy Community Distribution System DRNTU::Engineering::Electrical and electronic engineering Paudel, Amrit Gooi, Hoay Beng A hierarchical peer-to-peer energy trading in community microgrid distribution systems |
| title | A hierarchical peer-to-peer energy trading in community microgrid distribution systems |
| title_full | A hierarchical peer-to-peer energy trading in community microgrid distribution systems |
| title_fullStr | A hierarchical peer-to-peer energy trading in community microgrid distribution systems |
| title_full_unstemmed | A hierarchical peer-to-peer energy trading in community microgrid distribution systems |
| title_short | A hierarchical peer-to-peer energy trading in community microgrid distribution systems |
| title_sort | hierarchical peer to peer energy trading in community microgrid distribution systems |
| topic | Peer-To-Peer (HP2P) Energy Community Distribution System DRNTU::Engineering::Electrical and electronic engineering |
| url | https://hdl.handle.net/10356/88515 http://hdl.handle.net/10220/47642 |
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