Prosumer-centric P2P energy market under network constraints with TDF's penalization

• Type: Article in International Conference Proceedings Book
• Date: 2021

Authors

Botelho, D (Author) Other; Peters, P (Author) Other; de Oliveira, L (Author) Other; Dias, B (Author) Other; Soares, T (Author) Other; Moraes, C (Author) Other

Conference proceedings International

Title: 2021 IEEE MADRID POWERTECH

14th IEEE Madrid PowerTech Conference (IEEE POWERTECH)

ELECTR NETWORK, JUN 28-JUL 02, 2021

Indexing

ISI Web of Knowledge - 4 Citations

Other information

Authenticus ID: P-00V-73C

DOI: 10.1109/powertech46648.2021.9495048

Abstract (EN): The global trend guided by the energy systems decarbonization, decentralization and digitalization combined with the increase of distributed Renewable Energy Sources (RES) are allowing prosumers to take a more active role in the electricity markets. In this context, a market structure based on Peer-to-Peer (P2P) transactions is very promising but presents challenges for the network's operation. A critical challenge is to ensure that network constraints are not violated during energy trade between peers. Thus, the main contribution of this paper is the development of a methodology for the optimization of P2P energy transactions, accounting for network operation. The paper proposes a three-step approach (P2PTDF), using Topological Distribution Factors (TDF) to penalize peers responsible for violations that may occur, ensuring a feasible solution. Simulations were performed with the modified IEEE 14-bus system with 19 peers, including the possibility of exchanging energy with an external grid.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 6