An event-based resource management framework for distributed decision-making in decentralized virtual power plants

The Smart Grid incorporates advanced information and communication technologies (ICTs) in power systems, and is characterized by high penetration of distributed energy resources (DERs). Whether it is the nation-wide power grid or a single residential building, the energy management involves different types of resources that often depend on and influence each other. The concept of virtual power plant (VPP) has been proposed to represent the aggregation of energy resources in the electricity market, and distributed decision-making (DDM) plays a vital role in VPP due to its complex nature. This paper proposes a framework for managing different resource types of relevance to energy management for decentralized VPP. The framework views VPP as a hierarchical structure and abstracts energy consumption/generation as contractual resources, i.e., contractual offerings to curtail load/supply energy, from third party VPP participants for DDM. The proposed resource models, event-based approach to decision making, multi-agent system and ontology implementation of the framework are presented in detail. The effectiveness of the proposed framework is then demonstrated through an application to a simulated campus VPP with real building energy data

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

Management and Control of Domestic Smart Grid Technology

Emerging new technologies like distributed generation, distributed storage, and demand-side load management will change the way we consume and produce energy. These techniques enable the possibility to reduce the greenhouse effect and improve grid stability by optimizing energy streams. By smartly applying future energy production, consumption, and storage techniques, a more energy-efficient electricity supply chain can be achieved. In this paper a three-step control methodology is proposed to manage the cooperation between these technologies, focused on domestic energy streams. In this approach, (global) objectives like peak shaving or forming a virtual power plant can be achieved without harming the comfort of residents. As shown in this work, using good predictions, in advance planning and real-time control of domestic appliances, a better matching of demand and supply can be achieved.\ud \u

Attributes of Big Data Analytics for Data-Driven Decision Making in Cyber-Physical Power Systems

Big data analytics is a virtually new term in power system terminology. This concept delves into the way a massive volume of data is acquired, processed, analyzed to extract insight from available data. In particular, big data analytics alludes to applications of artificial intelligence, machine learning techniques, data mining techniques, time-series forecasting methods. Decision-makers in power systems have been long plagued by incapability and weakness of classical methods in dealing with large-scale real practical cases due to the existence of thousands or millions of variables, being time-consuming, the requirement of a high computation burden, divergence of results, unjustifiable errors, and poor accuracy of the model. Big data analytics is an ongoing topic, which pinpoints how to extract insights from these large data sets. The extant article has enumerated the applications of big data analytics in future power systems through several layers from grid-scale to local-scale. Big data analytics has many applications in the areas of smart grid implementation, electricity markets, execution of collaborative operation schemes, enhancement of microgrid operation autonomy, management of electric vehicle operations in smart grids, active distribution network control, district hub system management, multi-agent energy systems, electricity theft detection, stability and security assessment by PMUs, and better exploitation of renewable energy sources. The employment of big data analytics entails some prerequisites, such as the proliferation of IoT-enabled devices, easily-accessible cloud space, blockchain, etc. This paper has comprehensively conducted an extensive review of the applications of big data analytics along with the prevailing challenges and solutions

A framework for the selection of the right nuclear power plant

Civil nuclear reactors are used for the production of electrical energy. In the nuclear industry vendors propose several nuclear reactor designs with a size from 35–45 MWe up to 1600–1700 MWe. The choice of the right design is a multidimensional problem since a utility has to include not only financial factors as levelised cost of electricity (LCOE) and internal rate of return (IRR), but also the so called “external factors” like the required spinning reserve, the impact on local industry and the social acceptability. Therefore it is necessary to balance advantages and disadvantages of each design during the entire life cycle of the plant, usually 40–60 years. In the scientific literature there are several techniques for solving this multidimensional problem. Unfortunately it does not seem possible to apply these methodologies as they are, since the problem is too complex and it is difficult to provide consistent and trustworthy expert judgments. This paper fills the gap, proposing a two-step framework to choosing the best nuclear reactor at the pre-feasibility study phase. The paper shows in detail how to use the methodology, comparing the choice of a small-medium reactor (SMR) with a large reactor (LR), characterised, according to the International Atomic Energy Agency (2006), by an electrical output respectively lower and higher than 700 MWe

Steering the Smart Grid

Increasing energy prices and the greenhouse effect lead to more awareness of energy efficiency of electricity supply. During the last years, a lot of technologies and optimization methodologies were developed to increase the efficiency, maintain the grid stability and support large scale introduction of renewable sources. In previous work, we showed the effectiveness of our three-step methodology to reach these objectives, consisting of 1) offline prediction, 2) offline planning and 3) online scheduling in combination with MPC. In this paper we analyse the best structure for distributing the steering signals in the third step. Simulations show that pricing signals work as good as on/off signals, but pricing signals are more general. Individual pricing signals per house perform better with small prediction errors while one global steering signal for a group of houses performs better when the prediction errors are larger. The best hierarchical structure is to use consumption patterns on all levels except the lowest level and deduct the pricing signals in the lowest node of the tree

Electricity clustering framework for automatic classification of customer loads

Clustering in energy markets is a top topic with high significance on expert and intelligent systems. The main impact of is paper is the proposal of a new clustering framework for the automatic classification of electricity customers’ loads. An automatic selection of the clustering classification algorithm is also highlighted. Finally, new customers can be assigned to a predefined set of clusters in the classificationphase. The computation time of the proposed framework is less than that of previous classification tech- niques, which enables the processing of a complete electric company sample in a matter of minutes on a personal computer. The high accuracy of the predicted classification results verifies the performance of the clustering technique. This classification phase is of significant assistance in interpreting the results, and the simplicity of the clustering phase is sufficient to demonstrate the quality of the complete mining framework.Ministerio de Economía y Competitividad TEC2013-40767-RMinisterio de Economía y Competitividad IDI- 2015004