Co-operative P2P Trading and Voltage Regulation Service in Unbalanced Distribution Networks

Cheng Lyu, Zhao Xu, Youwei Jia

Research output: Chapter in book / Conference proceedingConference article published in proceeding or bookAcademic researchpeer-review

Abstract

Peer-to-peer(P2P) energy trading is one of the emerging concepts regarding local energy trading in the area of active distribution networks. It is believed to enhance the renewable energy utilization at the distribution level. In this paper, a joint operation model is proposed to embrace P2P energy trading, flexible demand, and reactive power resources in a distribution grid with unbalanced power flows. In particular, we integrate the transactive market design with the three-phase optimal power flow to cope with possible network constraint violations while minimizing the social cost. Simulation results on a modified IEEE 37-bus distribution system demonstrate that the proposed co-operation optimization outperforms sequential optimization in both reducing the operation cost and improving the voltage regulation profiles.

Original languageEnglish
Title of host publication2022 IEEE Power and Energy Society General Meeting, PESGM 2022
PublisherIEEE Computer Society
ISBN (Electronic)9781665408233
DOIs
Publication statusPublished - Jul 2022
Event2022 IEEE Power and Energy Society General Meeting, PESGM 2022 - Denver, United States
Duration: 17 Jul 202221 Jul 2022

Publication series

NameIEEE Power and Energy Society General Meeting
Volume2022-July
ISSN (Print)1944-9925
ISSN (Electronic)1944-9933

Conference

Conference2022 IEEE Power and Energy Society General Meeting, PESGM 2022
Country/TerritoryUnited States
CityDenver
Period17/07/2221/07/22

Keywords

  • Energy trading
  • flexible demand
  • peer-to-peer
  • voltage regulation

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Nuclear Energy and Engineering
  • Renewable Energy, Sustainability and the Environment
  • Electrical and Electronic Engineering

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