Distributed Energy-Sharing Strategy for Peer-to-Peer Microgrid System
Publication: Journal of Energy Engineering
Volume 146, Issue 4
Abstract
The rapid growth of renewable distributed generation (RDG) requires further development of the electricity market for distributed energy. This paper proposes an energy-sharing platform as the energy management model with the distributed battery energy storage system (BESS) and RDG, and this platform can be compared with a banking system in which various kinds of energy participants, including energy users, energy generators, and energy storage devices, can transfer both energy and price. Furthermore, up-reserve (UR) is defined in the distributed BESS to quantize the charging energy value for energy management. Moreover, the pricing model is optimized by game theory with the Bayesian Nash equilibrium (BNE) algorithm, and the call-auction method is the trading mechanism with the rule of maximum transaction volume. Real historical data in the Australian electrical market were used for the case study. The participants’ profit of with-game-theory was higher than without-game-theory in this energy-sharing platform.
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Data Availability Statement
All data, models, or code generated or used during this study are available by request, including the real historical data of demand, PV generation, wind turbine generation, the energy trading price and the corresponding amount, the BESS charging energy model with the UR coefficient, and the energy trading model for the maximum transaction volume.
Acknowledgments
This work was supported in part by the Joint Research Fund for Overseas Chinese Scholars in Hong Kong and Macao Young Scholars of NSFC Grant no. 61728301, in part by the ARC Discovery Grant (DP170103427), and in part by the ARC Research Hub (IH180100020). The work in this paper also was supported by FEIT Early Career Researcher and Newly Appointed Staff Development Scheme, The University of Sydney and Sir William Tyree Foundation in Distributed Power Generation Research Fund, the Training Program of the Major Research Plan of the National Natural Science Foundation of China (91746118), and the Shenzhen Municipal Science and Technology Innovation Committee Basic Research Project (JCYJ20170410172224515).
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Published In
Journal of Energy Engineering
Volume 146 • Issue 4 • August 2020
Copyright
©2020 American Society of Civil Engineers.
History
Received: Apr 21, 2019
Accepted: Dec 4, 2019
Published online: May 31, 2020
Published in print: Aug 1, 2020
Discussion open until: Oct 31, 2020
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