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Related papers: Grid Influenced Peer-to-Peer Energy Trading

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Carbon footprint reduction can be achieved through various methods, including the adoption of renewable energy sources. The installation of such sources, like photovoltaic panels, while environmentally beneficial, is cost-prohibitive for…

Distributed, Parallel, and Cluster Computing · Computer Science 2024-04-26 Abdulrezzak Zekiye , Ouns Bouachir , Öznur Özkasap , Moayad Aloqaily

In the past years trend of microgrids is increasing very fast to reduce peak-hour costs. However, in these systems, third parties are still involved in selling surplus energy. This results in increased cost of energy and there are many…

Cryptography and Security · Computer Science 2024-05-21 Muhammad Awais , Qamar Abbas , Shehbaz Tariq , Sayyaf Haider Warraich

Renewable energy has achieved high penetration rates in many areas, leading to curtailment, especially if existing network infrastructure is insufficient and energy generated cannot be exported. In this context, Distribution Network…

Signal Processing · Electrical Eng. & Systems 2019-08-28 Merlinda Andoni , Valentin Robu , Wolf-Gerrit Fruh , David Flynn

In the context of reducing carbon emissions in the automotive supply chain, collaboration between vehicle manufacturers and retailers has proven to be an effective measure for enhancing carbon emission reduction within the enterprise. This…

Computer Science and Game Theory · Computer Science 2023-06-13 Yukun Cheng , Zhanghao Yao , Xinxin Wang

Distributed energy storage and flexible loads are essential tools for ensuring stable and robust operation of the power grid in spite of the challenges arising from the integration of volatile renewable energy generation and increasing peak…

Systems and Control · Electrical Eng. & Systems 2023-01-24 Sophie Hall , Giuseppe Belgioioso , Dominic Liao-McPherson , Florian Dörfler

This paper analyzes the impact of peer effects on electricity consumption of a network of rational, utility-maximizing users. Users derive utility from consuming electricity as well as consuming less energy than their neighbors. However, a…

Social and Information Networks · Computer Science 2017-03-21 Datong P. Zhou , Mardavij Roozbehani , Munther A. Dahleh , Claire J. Tomlin

Traditionally, most consumers of electricity pay for their consumptions according to a fixed rate. With the advancement of Smart Grid technologies, large-scale implementation of variable-rate metering becomes more practical. As a result,…

Computer Science and Game Theory · Computer Science 2011-06-14 Tarun Agarwal , Shuguang Cui

Mobile data offloading is an emerging technology to avoid congestion in cellular networks and improve the level of user satisfaction. In this paper, we develop a distributed market framework to price the offloading service, and conduct a…

Networking and Internet Architecture · Computer Science 2014-09-17 Kehao Wang , Francis C. M. Lau , Lin Chen , Robert Schober

This paper studies the optimal energy management in a group of dwellings having micro fuel cell combined heat and power systems. To increase the self-sufficiency and resilience of such local community, a peer-to-peer energy trading system…

Systems and Control · Electrical Eng. & Systems 2020-09-15 Dinh Hoa Nguyen , Tatsumi Ishihara

This paper studies the optimal clearing problem for prosumers in peer-to-peer (P2P) energy markets. It is proved that if no trade weights are enforced and the communication structure between successfully traded peers is connected, then the…

Systems and Control · Electrical Eng. & Systems 2020-09-02 Dinh Hoa Nguyen

In this study, a cooperative game model is presented to schedule the day-ahead operation of multi-microgrid (MMG) systems. In the proposed model, microgrids are scheduled to achieve a global optimum for the cost of the multi-microgrid…

Systems and Control · Electrical Eng. & Systems 2022-01-11 Mohadese Movahednia , Hamid Karimi , Shahram Jadid

Local energy markets empower prosumers to form coalitions for energy trading. However, the optimal partitioning of the distribution grid into such coalitions remains unclear, especially in constrained grids with stochastic production and…

Systems and Control · Electrical Eng. & Systems 2026-03-25 Saurabh Vaishampayan , Maryam Kamgarpour

User-behavior-aware communications will be a key feature of future generation cellular networks, so user experience is enhanced with greater benefit to users. In this paper, a user-behavior-aware Stackelberg (U-BeAS) game for…

Networking and Internet Architecture · Computer Science 2017-11-30 Nicole Sawyer , David Smith

This paper proposes a market clearing mechanism for energy trading in a local transactive market, where each player can participate in the market as seller or buyer and tries to maximize its welfare individually. Market players send their…

Systems and Control · Computer Science 2018-10-29 Mohsen Khorasany , Yateendra Mishra , Gerard Ledwich

We present a hierarchical framework aimed at decentralizing the distribution systems market operations using localized peer-to-peer energy markets. Hierarchically designed decision-making algorithm approaches the power systems market…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-21 Sakshi Mishra , Roohallah Khatami , Yu Christine Chen

Demand response has been a promising solution for accommodating renewable energy in power systems. In this study, we consider a demand response scheme within a distribution network facing an energy supply deficit. The utility company…

Systems and Control · Electrical Eng. & Systems 2024-04-02 Xiupeng Chen , Jacquelien M. A. Scherpen , Nima Monshizadeh

We develop a clearance and settlement model for Peer-to-Peer (P2P) energy trading in low-voltage networks. The model enables direct transactions between parties within an open and distributed system and integrates unused capacity while…

Optimization and Control · Mathematics 2024-08-01 Diana Vieira Fernandes , Nicolas Christin , Soummya Kar

In this paper, we are concerned with the stabilizatbility of Stackelberg game-based systems. In particular, two players are involved in the system where one is the follower to minimize the related cost function and the other is the leader…

Optimization and Control · Mathematics 2021-05-04 Yue Sun , Juanjuan Xu , Huanshui Zhang

Deploying distributed renewable energy at the demand side is an important measure to implement a sustainable society. However, the massive small solar and wind generation units are beyond the control of a central operator. To encourage…

Optimization and Control · Mathematics 2021-02-23 Yue Chen , Wei Wei , Han Wang , Quan Zhou , João P. S. Catalão

The Stackelberg equilibrium solution concept describes optimal strategies to commit to: Player 1 (termed the leader) publicly commits to a strategy and Player 2 (termed the follower) plays a best response to this strategy (ties are broken…

Computer Science and Game Theory · Computer Science 2016-08-24 Branislav Bosansky , Simina Branzei , Kristoffer Arnsfelt Hansen , Peter Bro Miltersen , Troels Bjerre Sorensen