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Related papers: Privacy Preserving Distributed Energy Trading

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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

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

Over the past years, distributed energy resources (DER) have been the object of many studies, which recognise and establish their emerging role in the future of power systems. However, the implementation of many scenarios and mechanism are…

Systems and Control · Computer Science 2018-09-20 Jaysson Guerrero , Archie Chapman , Gregor Verbic

This paper introduces a model for coordinating prosumers with heterogeneous distributed energy resources (DERs), participating in the local energy market (LEM) that interacts with the market-clearing entity. The proposed LEM scheme utilizes…

Efforts to utilize 100% renewable energy in community microgrids require new approaches to energy markets and transactions to efficiently address periods of scarce energy supply. In this paper we contribute to the promising approach of…

Optimization and Control · Mathematics 2021-12-23 Jonathan Lee , Rodrigo Henriquez-Auba , Bala Kameshwar Poolla , Duncan S. Callaway

In electrical distribution grids, the constantly increasing number of power generation devices based on renewables demands a transition from a centralized to a distributed generation paradigm. In fact, power injection from Distributed…

Systems and Control · Computer Science 2017-06-30 Riccardo Bonetto , Michele Rossi , Stefano Tomasin , Carlo Fischione

Sector coordination between heat and electricity systems has been identified has an energy-efficient and cost-effective way to transition towards a more sustainable energy system. However, the coordination of sequential markets relies on…

Systems and Control · Electrical Eng. & Systems 2022-01-27 Lesia Mitridati , Emma Romei , Gabriela Hug , Ferdinando Fioretto

Blockchain is increasingly being used as a distributed, anonymous, trustless framework for energy trading in smart grids. However, most of the existing solutions suffer from reliance on Trusted Third Parties (TTP), lack of privacy, and…

Cryptography and Security · Computer Science 2018-12-21 Ali Dorri , Ambrose Hill , Salil S Kanhere , Raja Jurdak , Fengji Luo , Zhao Yang Dong

Peer-to-Peer (P2P) energy trading can facilitate integration of a large number of small-scale producers and consumers into energy markets. Decentralized management of these new market participants is challenging in terms of market…

Cryptography and Security · Computer Science 2020-06-01 Mohsen Khorasany , Ali Dorri , Reza Razzaghi , Raja Jurdak

The development of renewable energy generation empowers microgrids to generate electricity to supply itself and to trade the surplus on energy markets. To minimize the overall cost, a microgrid must determine how to schedule its energy…

Systems and Control · Electrical Eng. & Systems 2020-07-10 Guanyu Gao , Yonggang Wen , Xiaohu Wu , Ran Wang

Several autonomous energy management and peer-to-peer trading mechanisms for future energy markets have been recently proposed based on optimization and game theory. In this paper, we study the impact of trading prices on the outcome of…

Systems and Control · Electrical Eng. & Systems 2023-02-10 Varsha Behrunani , Andrew Irvine , Giuseppe Belgioioso , Philipp Heer , John Lygeros , Florian Dörfler

With the proliferation of distributed generations, traditional passive consumers in distribution networks are evolving into "prosumers", which can both produce and consume energy. Energy trading with the main grid or between prosumers is…

Optimization and Control · Mathematics 2022-10-06 Yongkai Xie , Zhaojian Wang , John Z. F. Pang , Bo Yang , Xinping Guan

Smart grids are being increasingly deployed worldwide, as they constitute the electricity grid of the future, providing bidirectional communication between households. One of their main potential applications is the peer-to-peer (P2P)…

Cryptography and Security · Computer Science 2023-07-20 Andrei Hutu , Mustafa A. Mustafa

As the distributed energy generation and storage technologies are becoming economically viable, energy trading is gradually becoming a profit making option for end-users. This trend is further supported by the regulators and the policy…

Optimization and Control · Mathematics 2016-11-17 I. Safak Bayram , Muhammad Z. Shakir , Mohamed Abdallah , Khalid Qaraqe

In this paper, we propose a novel Privacy-Preserving clearance mechanism for Local Energy Markets (PP-LEM), designed for computational efficiency and social welfare. PP-LEM incorporates a novel competitive game-theoretical clearance…

Computer Science and Game Theory · Computer Science 2024-11-28 Kamil Erdayandi , Mustafa Asan Mustafa

This paper presents an Energy Management System (EMS) that considers power exchanges between a set of interconnected microgrids (MGs) and the main grid, in the context of Multi-MG (MMG) systems. The model is first formulated as a…

Systems and Control · Electrical Eng. & Systems 2022-07-12 Carlos Ceja-Espinosa , Mehrdad Pirnia , Claudio A. Cañizares

With the large number of prosumers deploying distributed energy resources (DERs), integrating these prosumers into a transactive energy market (TEM) is a trend for the future smart grid. A community-based double auction market is considered…

Systems and Control · Electrical Eng. & Systems 2025-02-25 Jun Jiang , Yuanliang Li , Luyang Hou , Mohsen Ghafouri , Peng Zhang , Jun Yan , Yuhong Liu

The current electricity networks were not initially designed for the high integration of variable generation technologies. They suffer significant losses due to the combustion of fossil fuels, the long-distance transmission, and…

Multiagent Systems · Computer Science 2022-01-14 Guilherme Vieira , Jie Zhang

This paper proposes a privacy-preserving and accountable billing (PA-Bill) protocol for trading in peer-to-peer energy markets, addressing situations where there may be discrepancies between the volume of energy committed and delivered.…

Cryptography and Security · Computer Science 2023-09-13 Kamil Erdayandi , Lucas C. Cordeiro , Mustafa A. Mustafa

This paper investigates the feasibility of using a discriminate pricing scheme to offset the inconvenience that is experienced by an energy user (EU) in trading its energy with an energy controller in smart grid. The main objective is to…

Systems and Control · Computer Science 2014-07-23 Wayes Tushar , Chau Yuen , Bo Chai , David B. Smith , H. Vincent Poor