A Non-Iterative Network Utilization Pricing Mechanism for P2P Energy Trading

To sustain operation and maintenance of an active distribution network (ADN), a network fee should be charged by the distribution network service provider (DNSP) for facilitating the P2P energy trading service. To this end, this paper models the interaction among the DNSP and multiple prosumers as a...

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Bibliographic Details
Published inCSEE Journal of Power and Energy Systems Vol. 10; no. 3; pp. 1301 - 1306
Main Authors Yun Liu, Yunqiang Gao, Yuanzheng Li, Jizhong Zhu, Hoay Beng Gooi
Format Journal Article
LanguageEnglish
Published China electric power research institute 01.05.2024
Subjects
Distribution network service provider
network fee
non-iterative
peer-to-peer trading
prosumer
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Summary:To sustain operation and maintenance of an active distribution network (ADN), a network fee should be charged by the distribution network service provider (DNSP) for facilitating the P2P energy trading service. To this end, this paper models the interaction among the DNSP and multiple prosumers as a Stackelberg game, and then develops a non-iterative and decentralized transactive mechanism to simultaneously achieve optimal network utilization pricing and peer-to-peer (P2P) trading. Simulation results in an ADN with four prosumers connected to a common substation bus validate the effectiveness and efficiency of the proposed scheme.
ISSN:2096-0042
2096-0042
DOI:10.17775/CSEEJPES.2022.01410