1,194 research outputs found
Transforming Energy Networks via Peer to Peer Energy Trading: Potential of Game Theoretic Approaches
Peer-to-peer (P2P) energy trading has emerged as a next-generation energy
management mechanism for the smart grid that enables each prosumer of the
network to participate in energy trading with one another and the grid. This
poses a significant challenge in terms of modeling the decision-making process
of each participant with conflicting interest and motivating prosumers to
participate in energy trading and to cooperate, if necessary, for achieving
different energy management goals. Therefore, such decision-making process
needs to be built on solid mathematical and signal processing tools that can
ensure an efficient operation of the smart grid. This paper provides an
overview of the use of game theoretic approaches for P2P energy trading as a
feasible and effective means of energy management. As such, we discuss various
games and auction theoretic approaches by following a systematic classification
to provide information on the importance of game theory for smart energy
research. Then, the paper focuses on the P2P energy trading describing its key
features and giving an introduction to an existing P2P testbed. Further, the
paper zooms into the detail of some specific game and auction theoretic models
that have recently been used in P2P energy trading and discusses some important
finding of these schemes.Comment: 38 pages, single column, double spac
Integration of Massive Plug-in Hybrid Electric Vehicles into Power Distribution Systems: Modeling, Optimization, and Impact Analysis
With the development of vehicle-to-grid (V2G) technology, it is highly promising to use plug-in hybrid electric vehicles (PHEVs) as a new form of distributed energy resources. However, the uncertainties in the power market and the conflicts among different stakeholders make the integration of PHEVs a highly challenging task. Moreover, the integration of PHEVs may lead to negative effects on the power grid performance if the PHEV fleets are not properly managed.
This dissertation studies various aspects of the integration of PHEVs into power distribution systems, including the PHEV load demand modeling, smart charging algorithms, frequency regulation, reliability-differentiated service, charging navigation, and adequacy assessment of power distribution systems. This dissertation presents a comprehensive methodology for modeling the load demand of PHEVs. Based on this stochastic model of PHEV, a two-layer evolution strategy particle swarm optimization (ESPSO) algorithm is proposed to integrate PHEVs into a residential distribution grid. This dissertation also develops an innovative load frequency control system, and proposes a hierarchical game framework for PHEVs to optimize their charging process and participate in frequency regulation simultaneously. The potential of using PHEVs to enable reliability-differentiated service in residential distribution grids has been investigated in this dissertation. Further, an integrated electric vehicle (EV) charging navigation framework has been proposed in this dissertation which takes into consideration the impacts from both the power system and transportation system. Finally, this dissertation proposes a comprehensive framework for adequacy evaluation of power distribution networks with PHEVs penetration.
This dissertation provides innovative, viable business models for enabling the integration of massive PHEVs into the power grid. It helps evolve the current power grid into a more reliable and efficient system
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A Bayesian real-time electric vehicle charging strategy for mitigating renewable energy fluctuations
A novel pricing and scheduling mechanism is proposed here for Plug-in electric vehicles (PEVs) charging/discharging to track and synchronize with a renewable power generation pattern. Moreover, the proposed mechanism can be used in the demand-side management and ancillary service applications, respectively for the peak shaving and frequency regulation responding. We design a fully distributed stochastic optimization mechanism using Bayesian pure strategic repeated game by which the PEVs optimally schedule their demands. We also use a mixed Bayesian-diffusion Kalman filtering strategy for the customers to collaboratively estimate and track the stochastic price and regulation signals for the upcoming scheduling window. In the proposed paper all the characteristics of the PEVs, as well as the uncertainty about their deriving patterns are considered. As our framework converges to an equilibrium even with incomplete information, is agent-based, and the agents share the information only with their optional neighbors, it is scale-free, robust, and secure
Mathematical optimization techniques for demand management in smart grids
The electricity supply industry has been facing significant challenges in terms of meeting the projected demand for energy, environmental issues, security,
reliability and integration of renewable energy. Currently, most of the power grids are based on many decades old vertical hierarchical infrastructures where the electric power flows in one direction from the power generators to the consumer side and the grid monitoring information is handled only at the operation side. It is generally believed that a fundamental evolution in electric power generation and supply system is required to make the
grids more reliable, secure and efficient. This is generally recognised as the development of smart grids. Demand management is the key to the operational efficiency and reliability of smart grids. Facilitated by the two-way information flow and
various optimization mechanisms, operators benefit from real time dynamic load monitoring and control while consumers benefit from optimised use of energy.
In this thesis, various mathematical optimization techniques and game theoretic frameworks have been proposed for demand management in order to achieve efficient home energy consumption scheduling and optimal
electric vehicle (EV) charging. A consumption scheduling technique is proposed to minimise the peak consumption load. The proposed technique is able to schedule the optimal operation time for appliances according to the
power consumption patterns of the individual appliances. A game theoretic consumption optimization framework is proposed to manage the scheduling
of appliances of multiple residential consumers in a decentralised manner, with the aim of achieving minimum cost of energy for consumers. The optimization incorporates integration of locally generated and stored renewable energy in order to minimise dependency on conventional energy. In addition
to the appliance scheduling, a mean field game theoretic optimization framework is proposed for electric vehicles to manage their charging. In particular, the optimization considers a charging station where a large number of EVs are charged simultaneously during a
flexible period of time. The proposed technique provides the EVs an optimal charging strategy in order to minimise the cost of charging. The performances of all these new proposed techniques have been demonstrated using Matlab based simulation studies
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