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P2P market coordination methodologies with distribution grid management

Title
P2P market coordination methodologies with distribution grid management
Type
Article in International Scientific Journal
Year
2023
Authors
Faria, AS
(Author)
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Soares, T
(Author)
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Orlandini, T
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Oliveira, C
(Author)
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Sousa, T
(Author)
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Pinson, P
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Journal
Vol. 34
ISSN: 2352-4677
Publisher: Elsevier
Other information
Authenticus ID: P-00Y-DJP
Abstract (EN): As prosumers and energy communities gain prominence in power systems, energy trading between prosumers in local P2P markets is paramount. Within this novel market design, peers can directly exchange energy with each other, leading to economic advantages while supporting the decarboniza-tion of the sector. To ensure that voltage and congestion issues are properly addressed, a thorough coordination between the P2P market and the Distribution System Operator is required. This paper presents and compares three mutual-benefit coordination methods. The first method entails applying product differentiation on an iterative basis to avoid exceeding the lines thermal limits, which is performed through penalties on P2P exchanges that may be overloading the network. The second method uses the P2P market with an AC-OPF, ensuring network operation through a flexibility market via upward and downward flexibility. The last one proposes an integrated operation of the P2P market with AC-OPF. All methods are assessed in a typical distribution network with high prosumers integration. The results show that the second method is the one that, fulfilling the network constraints, presents greater social welfare.& COPY; 2023 Elsevier Ltd. All rights reserved.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 12
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