File(s) under permanent embargo
Prioritizing customers for neighborhood energy sharing in residential microgrids with a transactive energy market
conference contribution
posted on 2017-01-01, 00:00 authored by F Opadokun, Tushar Kanti Roy, Most Akter, Apel MahmudApel MahmudThis paper presents an approach to prioritize customers for energy sharing among neighborhoods in a residential microgrid with a transactive energy market. The prioritizing framework is developed based on a multi-leader multi-follower game by considering the benefits of both buyers and sellers. The proposed energy trading framework is designed in such a way that all parties will have the opportunity to bid for electricity purchase or sell at different prices. In the proposed approach, the priorities are given to those customers for whom the prosumers (sellers) will have maximum benefits and at the same time, the buyers will purchase electricity with the cheapest pricing options. The proposed framework is implemented in a distributed manner on a residential microgrid where the prices are randomly considered for the bidding process. Analytical results are presented to evaluate the effectiveness of the proposed prioritizing framework.
History
Event
IEEE Power & Energy Society. Conference (2017 : Chicago, Ill.)Series
IEEE Power and Energy Society ConferencePagination
1 - 5Publisher
Institute of Electrical and Electronics EngineersLocation
Chicago, Ill.Place of publication
Piscataway, N.J.Publisher DOI
Start date
2017-07-16End date
2017-07-20ISSN
1944-9925ISBN-13
978-1-5386-2212-4Language
EnglishPublication classification
E Conference publication; E1 Full written paper - refereedCopyright notice
2017, IEEEEditor/Contributor(s)
[Unknown]Title of proceedings
Proceedings of the 2017 IEEE Power & Energy Society General MeetingUsage metrics
Categories
No categories selectedKeywords
Licence
Exports
RefWorks
BibTeX
Ref. manager
Endnote
DataCite
NLM
DC