Interest in transactive energy frameworks(TEFs)is proliferating due to the modern smart grid paradigm.This paper proposes a TEF,which applies auction-theory,incorporates a system of agents,and facilitates a transactiv...Interest in transactive energy frameworks(TEFs)is proliferating due to the modern smart grid paradigm.This paper proposes a TEF,which applies auction-theory,incorporates a system of agents,and facilitates a transactive energy market(TEM)through an auctioneer.Further,it also enables peer-to-peer(P2P)energy trading among the residential buildings in community microgrid for possible monetary benefits.In this framework,there are three agents,namely,auctioneer,participants,and utility.The auctioneer is a managing agent modeled using auction theory to determine day-ahead internal market-clearing price and quantity.The participants are autonomous and rational decision-makers;they aim to minimize their electricity bills through the demand response(DR)management.Two types of architectures,one with the third-party agent demonstrated using the MATLAB environment and the other with the virtual agent(without third-party)implemented using the blockchain environment are presented.The simulation results reflect significant monetary benefits to each market participant,improved community selfsufficiency,self-consumption,and reduced reliance on the utility grid.展开更多
In the present scenario,the utilities are focusing on smart grid technologies to achieve reliable and profitable grid operation.Demand side management(DSM)is one of such smart grid technologies which motivate end user...In the present scenario,the utilities are focusing on smart grid technologies to achieve reliable and profitable grid operation.Demand side management(DSM)is one of such smart grid technologies which motivate end users to actively participate in the electricity market by providing incentives.Consumers are expected to respond(demand response(DR))in various ways to attain these benefits.Nowadays,residential consumers are interested in energy storage devices such as battery to reduce power consumption from the utility during peak intervals.In this paper,the use of a smart residential energy management system(SREMS)is demonstrated at the consumer premises to reduce the total electricity bill by optimally time scheduling the operation of household appliances.Further,the SREMS effectively utilizes the battery by scheduling the mode of operation of the battery(charging/floating/discharging)and the amount of power exchange from the battery while considering the variations in consumer demand and utility parameters such as electricity price and consumer consumption limit(CCL).The SREMS framework is implemented in Matlab and the case study results show significant yields for the end user.展开更多
文摘Interest in transactive energy frameworks(TEFs)is proliferating due to the modern smart grid paradigm.This paper proposes a TEF,which applies auction-theory,incorporates a system of agents,and facilitates a transactive energy market(TEM)through an auctioneer.Further,it also enables peer-to-peer(P2P)energy trading among the residential buildings in community microgrid for possible monetary benefits.In this framework,there are three agents,namely,auctioneer,participants,and utility.The auctioneer is a managing agent modeled using auction theory to determine day-ahead internal market-clearing price and quantity.The participants are autonomous and rational decision-makers;they aim to minimize their electricity bills through the demand response(DR)management.Two types of architectures,one with the third-party agent demonstrated using the MATLAB environment and the other with the virtual agent(without third-party)implemented using the blockchain environment are presented.The simulation results reflect significant monetary benefits to each market participant,improved community selfsufficiency,self-consumption,and reduced reliance on the utility grid.
文摘In the present scenario,the utilities are focusing on smart grid technologies to achieve reliable and profitable grid operation.Demand side management(DSM)is one of such smart grid technologies which motivate end users to actively participate in the electricity market by providing incentives.Consumers are expected to respond(demand response(DR))in various ways to attain these benefits.Nowadays,residential consumers are interested in energy storage devices such as battery to reduce power consumption from the utility during peak intervals.In this paper,the use of a smart residential energy management system(SREMS)is demonstrated at the consumer premises to reduce the total electricity bill by optimally time scheduling the operation of household appliances.Further,the SREMS effectively utilizes the battery by scheduling the mode of operation of the battery(charging/floating/discharging)and the amount of power exchange from the battery while considering the variations in consumer demand and utility parameters such as electricity price and consumer consumption limit(CCL).The SREMS framework is implemented in Matlab and the case study results show significant yields for the end user.
