Peer-to-Peer Local Energy Trading With Voltage Management Under Asynchronous Communication
Md Habib Ullah, Jae-Do Park
Abstract
This paper presents a peer-to-peer (P2P) local energy trading strategy in distribution networks with a novel decentralized voltage management scheme based on voltage sensitivity factors. A social welfare maximizing optimization problem is formulated for P2P energy trading, which is solved by an alternating direction method of multipliers (ADMM) algorithm. The proposed approach is especially designed for asynchronous communication between energy producers and consumers, which may be more suitable for short-term market clearings.
Topics & Concepts
Asynchronous communicationPeer-to-peerComputer scienceVoltageEnergy (signal processing)Distributed computingMathematical optimizationTelecommunicationsElectrical engineeringEngineeringMathematicsStatisticsSmart Grid Energy ManagementOptimal Power Flow DistributionMicrogrid Control and Optimization