Distributed Energy Trading in Smart Grid Over Directed Communication Network
Md Habib Ullah, Jae-Do Park
Abstract
This paper presents a distributed solution for energy trading in smart grid with voltage and congestion management. In the proposed approach, the energy trading is formulated with a distributed consensus algorithm to optimize both generation- and demand-side cost functions based on incremental cost. The proposed approach is designed for directed communication networks.
Topics & Concepts
Smart gridDistributed generationComputer scienceDistributed computingGridTelecommunications networkEnergy (signal processing)Demand responseEnergy managementDistributed algorithmComputer networkElectricityEngineeringRenewable energyElectrical engineeringMathematicsGeometryStatisticsSmart Grid Energy ManagementSmart Grid Security and ResilienceDistributed Control Multi-Agent Systems