Litcius/Paper detail

A Robust Decentralized Peer-to-Peer Energy Trading in Community of Flexible Microgrids

Amin Mansour‐Saatloo, Mohammad Amin Mirzaei, Behnam Mohammadi‐Ivatloo

2022IEEE Systems Journal63 citationsDOI

Abstract

This article proposes a novel platform for microgrid (MG) prosumers that can actively trade energy with the power grid and each other directly. This platform provides Peer-to-Peer (P2P) energy trading among MG prosumers to achieve a win–win outcome in the presence of emerging energy resources, such as electric vehicles (EVs), energy storage systems (ESSs), and demand response programs (DRPs). P2P energy trading, from the power system perspective, can facilitate energy balance locally and self-sufficiency. Despite the conventional noncooperative game that players act individually, prosumers can cooperate in exchanging energy and reaping economic benefits in the proposed model. To this end, a bargaining cooperative game is adopted due to MGs autonomy and self-interest. Besides, to avoid prosumers’ private data launching, the fast-alternating direction method of multipliers is introduced to solve MGs' energy management problem in a decentralized manner. A robust optimization method is also applied to manage electricity market uncertainty, allowing MGs operators to decide how much risk they want to consider by adjusting the uncertainty budget parameter. The numerical results show that MGs can actively trade with each other and achieve economic benefits. Moreover, many of the utilized technologies such as ESS, DRP, and EVs assist MGs in sharing more energy with each other.

Topics & Concepts

Peer-to-peerDistributed computingComputer scienceDistributed generationMicrogridEnergy (signal processing)BusinessRenewable energyEngineeringElectrical engineeringStatisticsMathematicsSmart Grid Energy ManagementMicrogrid Control and OptimizationSmart Grid Security and Resilience