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

Robust optimization for energy transactions in multi-microgrids under uncertainty

Independent operation of single microgrids (MGs) faces problems such as low self-consumption of local renewable energy, high operation cost and frequent power exchange with the grid. Interconnecting multiple MGs as a multi-microgrid (MMG) is an effective way to improve operational and economic performance. However, ensuring the optimal collaborative operation of a MMG is a challenging problem, especially under disturbances of intermittent renewable energy. In this paper, the economic and collaborative operation of MMGs is formulated as a unit commitment problem to describe the discrete characteristics of energy transaction combinations among MGs. A two-stage adaptive robust optimization based collaborative operation approach for a residential MMG is constructed to derive the scheduling scheme which minimizes the MMG operating cost under the worst realization of uncertain PV output. Transformed by its KKT optimality conditions, the reformulated model is efficiently solved by a column-and-constraint generation (C&CG) method. Case studies verify the effectiveness of the proposed model and evaluate the benefits of energy transactions in MMGs. The results show that the developed MMG operation approach is able to minimize the daily MMG operating cost while mitigating the disturbances of uncertainty in renewable energy sources. Compared to the non-interactive model, the proposed model can not only reduce the MMG operating cost but also mitigate the frequent energy interaction between the MMG and the grid

EcoBlock: Grid Impacts, Scaling, and Resilience

Widespread deployment of EcoBlocks has the potential to transform today's electricity system into one that is more resilient, flexible, efficient and sustainable. In this vision, the system will consist of self- su cient, renewable-powered, block-scale entities that can deliberately adjust their net power exchange and can optimize performance, maintain stability, support each other, or disconnect entirely from the grid as needed. This report is intended as an independent analysis of the potential relationships, both constructive and adverse, between EcoBlocks and the grid

Ancillary Services in Hybrid AC/DC Low Voltage Distribution Networks

In the last decade, distribution systems are experiencing a drastic transformation with the advent of new technologies. In fact, distribution networks are no longer passive systems, considering the current integration rates of new agents such as distributed generation, electrical vehicles and energy storage, which are greatly influencing the way these systems are operated. In addition, the intrinsic DC nature of these components, interfaced to the AC system through power electronics converters, is unlocking the possibility for new distribution topologies based on AC/DC networks. This paper analyzes the evolution of AC distribution systems, the advantages of AC/DC hybrid arrangements and the active role that the new distributed agents may play in the upcoming decarbonized paradigm by providing different ancillary services.Ministerio de Economía y Competitividad ENE2017-84813-RUnión Europea (Programa Horizonte 2020) 76409

Topics in Electromobility and Related Applications

In this thesis, we mainly discuss four topics on Electric Vehicles (EVs) in the context of smart grid and smart transportation systems. The first topic focuses on investigating the impacts of different EV charging strategies on the grid. In Chapter 3, we present a mathematical framework for formulating different EV charging problems and investigate a range of typical EV charging strategies with respect to different actors in the power system. Using this framework, we compare the performances of all charging strategies on a common power system simulation testbed, highlighting in each case positive and negative characteristics. The second topic is concerned with the applications of EVs with Vehicle-to-Grid (V2G) capabilities. In Chapter 4, we apply certain ideas from cooperative control techniques to two V2G applications in different scenarios. In the first scenario, we harness the power of V2G technologies to reduce current imbalance in a three-phase power network. In the second scenario, we design a fair V2G programme to optimally determine the power dispatch from EVs in a microgrid scenario. The effectiveness of the proposed algorithms are verified through a variety of simulation studies. The third topic discusses an optimal distributed energy management strategy for power generation in a microgrid scenario. In Chapter 5, we adapt the synchronised version of the Additive-Increase-Multiplicative-Decrease (AIMD) algorithms to minimise a cost utility function related to the power generation costs of distributed resources. We investigate the AIMD based strategy through simulation studies and we illustrate that the performance of the proposed method is very close to the full communication centralised case. Finally, we show that this idea can be easily extended to another application including thermal balancing requirements. The last topic focuses on a new design of the Speed Advisory System (SAS) for optimising both conventional and electric vehicles networks. In Chapter 6, we demonstrate that, by using simple ideas, one can design an effective SAS for electric vehicles to minimise group energy consumption in a distributed and privacy-aware manner; Matlab simulation are give to illustrate the effectiveness of this approach. Further, we extend this idea to conventional vehicles in Chapter 7 and we show that by using some of the ideas introduced in Chapter 6, group emissions of conventional vehicles can also be minimised under the same SAS framework. SUMO simulation and Hardware-In-the-Loop (HIL) tests involving real vehicles are given to illustrate user acceptability and ease of deployment. Finally, note that many applications in this thesis are based on the theories of a class of nonlinear iterative feedback systems. For completeness, we present a rigorous proof on global convergence of consensus of such systems in Chapter 2