Papers
Topics
Authors
Recent
Gemini 2.5 Flash
Gemini 2.5 Flash
119 tokens/sec
GPT-4o
56 tokens/sec
Gemini 2.5 Pro Pro
43 tokens/sec
o3 Pro
6 tokens/sec
GPT-4.1 Pro
47 tokens/sec
DeepSeek R1 via Azure Pro
28 tokens/sec
2000 character limit reached

A Peer-to-Peer Energy Management Solution for Maximum Social Welfare (2405.01754v1)

Published 2 May 2024 in cs.CE

Abstract: In smart energy communities, prosumers who both generate and consume energy play a crucial role in shaping energy management strategies. These communities use advanced platforms that enable prosumers to actively engage in the local electricity markets by setting and adjusting their own energy prices. Through peer to peer (P2P) energy trading systems, members can directly exchange energy derived from sources such as solar photovoltaic panels, electric vehicle battery storage, and demand response (DR) programs. This direct exchange not only enhances the efficiency of the network but also fosters a dynamic energy market within the community. In this article, parking-sharing services for EVs and the mechanisms of P2P energy scheduling, which facilitates the transfer and communication of power among different energy communities (ECs) are addressed. It focuses on integrating solar power, responsive electrical loads, and electric vehicles (EVs) to optimize both economic returns and social benefits for all participants. The system is designed to ensure that all energy transactions are transparent and beneficial to the proactive consumers involved. Moreover, due to urban traffic conditions and the challenges of finding suitable locations for EV charging and parking, houses in these communities provide parking-sharing services for EVs. This integration of energy management and urban scheduling illustrates a holistic approach to addressing both energy and transportation challenges, ultimately leading to more sustainable urban environments.

Definition Search Book Streamline Icon: https://streamlinehq.com
References (12)
  1. X. Luo, W. Shi, Y. Jiang, Y. Liu, and J. Xia, “Distributed peer-to-peer energy trading based on game theory in a community microgrid considering ownership complexity of distributed energy resources,” Journal of Cleaner Production, vol. 351, p. 131 573, 2022.
  2. E. McKenna, J. Pless, and S. J. Darby, “Solar photovoltaic self-consumption in the uk residential sector: New estimates from a smart grid demonstration project,” Energy Policy, vol. 118, pp. 482–491, 2018.
  3. M. Mehdinejad, H. Shayanfar, and B. Mohammadi-Ivatloo, “Peer-to-peer decentralized energy trading framework for retailers and prosumers,” Applied Energy, vol. 308, p. 118 310, 2022.
  4. C. Zhang, J. Wu, C. Long, and M. Cheng, “Review of existing peer-to-peer energy trading projects,” Energy Procedia, vol. 105, pp. 2563-2568, 2017, 8th International Conference on Applied Energy, ICAE2016, 8-11 October 2016, Beijing, China.
  5. A. Alirezazadeh, M. Rashidinejad, P. Afzali, and A. Bakhshai, “A new flexible and resilient model for a smart grid considering joint power and reserve scheduling, vehicle-to-grid and demand response,” Sustainable Energy Technologies and Assessments, vol. 43, p. 100 926, 2021.
  6. Y. Zhou and P. D. Lund, “Peer-to-peer energy sharing and trading of renewable energy in smart communities trading priceing models, decision-making and agent- based collaboration,” Renewable Energy, vol. 207, pp. 177–193, 2023.
  7. L. Ali, S. M. Muyeen, H. Bizhani, and M. G. Simoes, “Economic planning and comparative analysis of market-driven multi- microgrid system for peer-to-peer energy trading,” IEEE Transactions on Industry Applications, vol. 58, no. 3, pp. 4025– 4036, 2022.
  8. D. Kanakadhurga and N. Prabaharan, “Peer-to-peer trading with demand response using proposed smart bidding strategy,” Applied Energy, vol. 327, p. 120 061, 2022.
  9. A. M. Saatloo, M. A. Mirzaei, and B. Mohammadi-Ivatloo, “A robust decentralized peer-to-peer energy trading in community of flexible microgrids,” IEEE Systems Journal, vol. 17, no. 1, pp. 640–651, 2023.
  10. X. Ayón, J. Gruber, B. Hayes, J. Usaola, and M. Prodanovi c, “An optimal day ahead load scheduling approach based on the flexibility of aggregate demands,” Applied Energy, vol. 198, pp. 1–11, 2017.
  11. F. Alfaverh, M. Denai, and Y. Sun, “A dynamic peer-to-peer electricity market model for a community microgrid with price based demand response,” IEEE Transactions on Smart Grid, vol. 14, no. 5, pp. 3976–3991, 2023.
  12. A. Alirezazadeh, M. Rashidinejad, A. Abdollahi, P. Afzali, and A. Bakhshai, “A new flexible model for generation scheduling in a smart grid,” Energy, vol. 191, p. 116 438, 2020.
User Edit Pencil Streamline Icon: https://streamlinehq.com
Authors (2)
  1. Atefeh Alirezazadeh (1 paper)
  2. Vahid Disfani (7 papers)

Summary

We haven't generated a summary for this paper yet.

X Twitter Logo Streamline Icon: https://streamlinehq.com