Related papers: Distributed Dynamic Pricing in Peer-to-Peer Transa…
Peer-to-Peer (P2P) energy trading provides various benefits over conventional wholesale energy markets and makes renewable energy more accessible. This paper proposes a novel multi-layer P2P energy trading system for microgrids based on…
We formulate the control of reactive power generation by photovoltaic inverters in a power distribution circuit as a constrained optimization that aims to minimize reactive power losses subject to finite inverter capacity and upper and…
The proliferation of behind-the-meter (BTM) distributed energy resources (DER) within the electrical distribution network presents significant supply and demand flexibilities, but also introduces operational challenges such as voltage…
With the widespread adoption of Renewable Energy Sources (RESs) in low-voltage distribution systems, opportunities for energy trading among peers have emerged. In particular, the advent of distributed ledgers and blockchain technologies has…
Coordination of distributed energy resources is critical for electricity grid management. Although nodal pricing schemes can mitigate congestion and voltage deviations, the resulting prices are not necessarily equitable. In this work, we…
The increasing electricity use and reliance on intermittent renewable energy sources challenge power grid management during peak demand, making Demand Response programs and energy conservation measures essential. This research combines…
Smart grids leverage data from smart meters to improve operations management and to achieve cost reductions. The fine-grained meter data also enable pricing schemes that simultaneously benefit electricity retailers and users. Our goal is to…
Agent-based solutions lend themselves well to address privacy concerns and the computational scalability needs of future distributed electric grids and end-use energy exchanges. Decentralized decision-making methods are the key to enabling…
The massive integration of uncertain distributed renewable energy resources into power systems raises power imbalance concerns. Peer-to-peer (P2P) energy trading provides a promising way to balance the prosumers' volatile energy power…
The performance of computer networks relies on how bandwidth is shared among different flows. Fair resource allocation is a challenging problem particularly when the flows evolve over time. To address this issue, bandwidth sharing…
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…
The increasing uptake of distributed energy resources (DERs) in distribution systems and the rapid advance of technology have established new scenarios in the operation of low-voltage networks. In particular, recent trends in…
In electricity networks with high penetration levels of renewable resources, Flexible Ramping Products (FRPs) are among the utilized measures for dealing with the potential fluctuations in the net demand. This paper investigates the impacts…
Alternating Direction Method of Multipliers (ADMM) algorithm has been widely adopted for solving the distributed optimization problem (DOP). In this paper, a new distributed parallel ADMM algorithm is proposed, which allows the agents to…
The exponential growth of distributed energy resources is enabling the transformation of traditional consumers in the smart grid into prosumers. Such transition presents a promising opportunity for sustainable energy trading. Yet, the…
In this paper, we investigate an energy cost minimization problem for prosumers participating in peer-to-peer energy trading. Due to (i) uncertainties caused by renewable energy generation and consumption, (ii) difficulties in developing an…
Utilizing distributed renewable and energy storage resources via peer-to-peer (P2P) energy trading has long been touted as a solution to improve energy system's resilience and sustainability. Consumers and prosumers (those who have energy…
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…
We propose a distributed algorithm, named Distributed Alternating Direction Method of Multipliers (D-ADMM), for solving separable optimization problems in networks of interconnected nodes or agents. In a separable optimization problem there…
Due to their large power draws and increasing adoption rates, electric vehicles (EVs) will become a significant challenge for electric distribution grids. However, with proper charging control strategies, the challenge can be mitigated…