4,239 research outputs found
Design of auction-based approach for market clearing in peer-to-peer market platform
This paper designs a market platform for Peer-to-Peer (P2P) energy trading in
Transactive Energy (TE) systems, where prosumers and consumers actively
participate in the market as seller or buyer to trade energy. An auction-based
approach is used for market clearing in the proposed platform and a review of
different types of auction is performed. The appropriate auction approach for
market clearing in the proposed platform is designed. The proposed auction
mechanism is implemented in three steps namely determination, allocation and
payment. This paper identifies important P2P market clearing performance
indices, which are used to compare and contrast the designed auction with
different types of auction mechanisms. Comparative studies demonstrate the
efficacy of the proposed auction mechanism for market clearing in the P2P
platform.Comment: 6 page
An Energy Sharing Game with Generalized Demand Bidding: Model and Properties
This paper proposes a novel energy sharing mechanism for prosumers who can
produce and consume. Different from most existing works, the role of individual
prosumer as a seller or buyer in our model is endogenously determined. Several
desirable properties of the proposed mechanism are proved based on a
generalized game-theoretic model. We show that the Nash equilibrium exists and
is the unique solution of an equivalent convex optimization problem. The
sharing price at the Nash equilibrium equals to the average marginal disutility
of all prosumers. We also prove that every prosumer has the incentive to
participate in the sharing market, and prosumers' total cost decreases with
increasing absolute value of price sensitivity. Furthermore, the Nash
equilibrium approaches the social optimal as the number of prosumers grows, and
competition can improve social welfare.Comment: 16 pages, 7 figure
A theoretical and computational basis for CATNETS
The main content of this report is the identification and definition of market mechanisms for Application Layer Networks (ALNs). On basis of the structured Market Engineering process, the work comprises the identification of requirements which adequate market mechanisms for ALNs have to fulfill. Subsequently, two mechanisms for each, the centralized and the decentralized case are described in this document. These build the theoretical foundation for the work within the following two years of the CATNETS project. --Grid Computing
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
Theoretical and Computational Basis for Economical Ressource Allocation in Application Layer Networks - Annual Report Year 1
This paper identifies and defines suitable market mechanisms for Application Layer Networks (ALNs). On basis of the structured Market Engineering process, the work comprises the identification of requirements which adequate market mechanisms for ALNs have to fulfill. Subsequently, two mechanisms for each, the centralized and the decentralized case are described in this document. --Grid Computing
Analysis of peer-to-peer electricity trading models in a grid-connected microgrid
The thesis proposed an investigation on the implementation of peer-to-peer (P2P) energy transaction platforms in power systems as a possible energy management solution to deal with distributed generation (DG) and renewable energy sources (RES) penetration. Firstly, a state of the art of the current P2P trading technologies development is provided, reviewing and analysing several projects carried out in this field in recent years and doing a comparison of the models, considering their commonalities, strengths and shortcomings, along with.an overview of the main techniques utilized. In the second stage, the focus shifts on the presentation of the structure of the system used in the case study investigated in the project. A multi agent system (MAS) integrated with a micro grid management platform (μGIM) acts in a grid connected microgrid located in an office building, equipped with solar panels (PVs) to operate energy transactions among different agents (prosumers/consumers). Each agent is represented by a tenant of a zone in the building, which owns a part of the total photovoltaic generation. From the starting point of the English auction model, initially used in the trading platform, two new algorithms have been implemented in the system in an attempt to improve the efficiency of the trading process. The algorithms formulation is based on the analysis of the initial model behaviour and results, and is supported by the state of art provided in the first chapter. A specific simulation platform was used to run the model using consumption data recorded from previous week of monitoring, in order to compare different trading algorithms working on the same consumption/generation profile. The developments obtained from this study proves the capabilities of the P2P energy trading to advantage the end users, allowing them to manage their own energy and pursue their personal goals. They also emphasize that this type of models have still a good improvement margin and with further studies they can represent a key element in the future smart grids and decentralized systems
Environmental analysis for application layer networks
Die zunehmende Vernetzung von Rechnern über das Internet lies die Vision von Application Layer Netzwerken aufkommen. Sie umfassen Overlay Netzwerke wie beispielsweise Peer-to-Peer Netzwerke und Grid Infrastrukturen unter Verwendung des TCP/IP Protokolls. Ihre gemeinsame Eigenschaft ist die redundante, verteilte Bereitstellung und der Zugang zu Daten-, Rechen- und Anwendungsdiensten, während sie die Heterogenität der Infrastruktur vor dem Nutzer verbergen. In dieser Arbeit werden die Anforderungen, die diese Netzwerke an ökonomische Allokationsmechanismen stellen, untersucht. Die Analyse erfolgt anhand eines Marktanalyseprozesses für einen zentralen Auktionsmechanismus und einen katallaktischen Markt. --Grid Computing
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