A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Hierarchical approach for coordinating energy and flexibility trading in local energy markets
Prosumers play a central role in current distribution networks. Local markets provide an environment for prosumers to interact with each other, either directly through peer-to-peer (P2P) markets, or indirectly via community-based markets. In this paper, we propose a hierarchical approach for local energy and flexibility trading among prosumers in distribution networks, in which prosumers are able to trade energy via P2P manner and transact flexibility in the local energy market to maintain distribution network constraints. The proposed method enables prosumers to manage their resources and participate in a P2P market by submitting their optimal bidding and offering curves. A local market operator runs the P2P market for energy trading among prosumers, and cooperates with the distribution system operator to dispatch the flexibility provided by prosumers. Moreover, a real-world distribution network consisting of ten prosumers is considered to assess the performance of the proposed model for local energy market based on flexible behavior of prosumers in the bottom layer of the distribution network. ; ©2021 Elsevier. This manuscript version is made available under the Creative Commons Attribution–NonCommercial–NoDerivatives 4.0 International (CC BY–NC–ND 4.0) license, https://creativecommons.org/licenses/by-nc-nd/4.0/ ; Amin Shokri Gazafroudi acknowledges the support by the CoNDyNet2 project funded by German Federal Ministry of Education and Research under grant number 03EK3055E. Moreover, the work of Hannu Laaksonen and Miadreza Shafie-khah was supported by FLEXIMAR-project, Finland (Novel marketplace for energy flexibility), which has received funding from Business Finland Smart Energy Program , 2017–2021 (https://www.univaasa.fi/en/research/projects/fleximar/). ; fi=vertaisarvioitu|en=peerReviewed|
Hierarchical approach for coordinating energy and flexibility trading in local energy markets
Prosumers play a central role in current distribution networks. Local markets provide an environment for prosumers to interact with each other, either directly through peer-to-peer (P2P) markets, or indirectly via community-based markets. In this paper, we propose a hierarchical approach for local energy and flexibility trading among prosumers in distribution networks, in which prosumers are able to trade energy via P2P manner and transact flexibility in the local energy market to maintain distribution network constraints. The proposed method enables prosumers to manage their resources and participate in a P2P market by submitting their optimal bidding and offering curves. A local market operator runs the P2P market for energy trading among prosumers, and cooperates with the distribution system operator to dispatch the flexibility provided by prosumers. Moreover, a real-world distribution network consisting of ten prosumers is considered to assess the performance of the proposed model for local energy market based on flexible behavior of prosumers in the bottom layer of the distribution network. ; ©2021 Elsevier. This manuscript version is made available under the Creative Commons Attribution–NonCommercial–NoDerivatives 4.0 International (CC BY–NC–ND 4.0) license, https://creativecommons.org/licenses/by-nc-nd/4.0/ ; Amin Shokri Gazafroudi acknowledges the support by the CoNDyNet2 project funded by German Federal Ministry of Education and Research under grant number 03EK3055E. Moreover, the work of Hannu Laaksonen and Miadreza Shafie-khah was supported by FLEXIMAR-project, Finland (Novel marketplace for energy flexibility), which has received funding from Business Finland Smart Energy Program , 2017–2021 (https://www.univaasa.fi/en/research/projects/fleximar/). ; fi=vertaisarvioitu|en=peerReviewed|
Hierarchical approach for coordinating energy and flexibility trading in local energy markets
Gazafroudi, Amin Shokri (author) / Khorasany, Mohsen (author) / Razzaghi, Reza (author) / Laaksonen, Hannu (author) / Shafie-khah, Miadreza (author) / fi=Vaasan yliopisto|en=University of Vaasa| / orcid:0000-0001-9378-8500 / orcid:0000-0003-1691-5355 / fi=Tekniikan ja innovaatiojohtamisen yksikkö|en=School of Technology and Innovations| / Vebic
2021-11-15
URN:NBN:fi-fe2021111054608
WOS:000694709500002 ; Scopus: 85112858655
Article (Journal)
Electronic Resource
English
DDC:
690
Multiagent Simulation of Demand Flexibility Integration in Local Energy Markets
| BASE | 2020
Multiagent Simulation of Demand Flexibility Integration in Local Energy Markets
| BASE | 2020