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The advent of intelligent agents who produce and consume energy by themselves has led the smart grid into the era of "prosumer", offering the energy system and customers a unique opportunity to revaluate/trade their spot energy via a…

Optimization and Control · Mathematics 2019-06-25 Yue Chen , Shengwei Mei , Wei Wei , Steven H. Low , Adam Wierman , Feng Liu

This paper proposes a novel energy sharing mechanism for prosumers who can produce and consume. Different from most existing works, the role of individual prosumer as a seller or buyer in our model is endogenously determined. Several…

Optimization and Control · Mathematics 2019-10-08 Yue Chen , Shengwei Mei , Fengyu Zhou , Steven H. Low , Wei Wei , Feng Liu

With the advent of prosumers, the traditional centralized operation may become impracticable due to computational burden, privacy concerns, and conflicting interests. In this paper, an energy sharing mechanism is proposed to accommodate…

Optimization and Control · Mathematics 2020-12-29 Yue Chen , Changhong Zhao , Steven H. Low , Shengwei Mei

In future distribution grids, prosumers (i.e., energy consumers with storage and/or production capabilities) will trade energy with each other and with the main grid. To ensure an efficient and safe operation of energy trading, in this…

Systems and Control · Electrical Eng. & Systems 2022-06-14 Giuseppe Belgioioso , Wicak Ananduta , Sergio Grammatico , Carlos Ocampo-Martinez

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

We consider users which may have renewable energy harvesting devices, or distributed generators. Such users can behave as consumer or producer (hence, we denote them as prosumers) at different time instances. A prosumer may sell the energy…

Computer Science and Game Theory · Computer Science 2018-04-24 Arnob Ghosh , Vaneet Aggarwal , Hong Wan

This paper studies how to aggregate prosumers (or large consumers) and their collective decisions in electricity markets, with a focus on fairness. Fairness is essential for prosumers to participate in aggregation schemes. Some prosumers…

Optimization and Control · Mathematics 2024-09-02 Zoé Fornier , Vincent Leclère , Pierre Pinson

The popularization of distributed energy resources transforms end-users from consumers into prosumers. Inspired by the sharing economy principle, energy sharing markets for prosumers are proposed to facilitate the utilization of renewable…

Computer Science and Game Theory · Computer Science 2024-01-23 Yifan Su , Peng Yang , Kai Kang , Zhaojian Wang , Ning Qi , Tonghua Liu , Feng Liu

We study an energy market composed of producers who compete to supply energy to different markets and want to maximize their profits. The energy market is modeled by a graph representing a constrained power network where nodes represent the…

General Economics · Economics 2022-12-01 Leonardo Massai , Giacomo Como , Fabio Fagnani

With the rapid development of distributed energy resources, increasing number of residential and commercial users have been switched from pure electricity consumers to prosumers that can both consume and produce energy. To properly manage…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-09-15 Bing Liu , Furan Xie , Li Chai

We consider a demand management problem of an energy community, in which several users obtain energy from an external organization such as an energy company, and pay for the energy according to pre-specified prices that consist of a…

Computer Science and Game Theory · Computer Science 2021-06-16 Xupeng Wei , Achilleas Anastasopoulos

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

With the proliferation of distributed generators and energy storage systems, traditional passive consumers in power systems have been gradually evolving into the so-called "prosumers", i.e., proactive consumers, which can both produce and…

Systems and Control · Electrical Eng. & Systems 2020-04-10 Zhaojian Wang , Feng Liu , Zhiyuan Ma , Yue Chen , Mengshuo Jia , Wei Wei , Qiuwei Wu

Facing the dilemma of growing energy demand and mitigating carbon emissions, this paper proposes an energy sharing mechanism based on virtual federated prosumers (VFPs) with budget allocation for joint electricity and carbon market to…

Optimization and Control · Mathematics 2021-09-16 Lu Wang , Zhi Wu , Wei Gu , Haifeng Qiu , Shuai Lu

The rapid expansion of distributed energy resources (DERs) is one of the most significant changes to electricity systems around the world. Examples of DERs include solar panels, small natural gas-fueled generators, combined heat and power…

Optimization and Control · Mathematics 2021-03-29 Zuguang Gao , Khaled Alshehri , John R. Birge

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

Integrating distributed energy resources (DERs) is a critical step toward addressing the global climate crisis. This transformation has driven the transition from traditional consumers to prosumers and given rise to new energy sharing…

Information Theory · Computer Science 2026-04-07 Yingshuo Gu , Xi Weng , Yue Chen

Future electricity distribution grids will host a considerable share of the renewable energy sources needed for enforcing the energy transition. Demand side management mechanisms play a key role in the integration of such renewable energy…

Systems and Control · Computer Science 2019-04-16 José Horta , Eitan Altman , Mathieu Caujolle , Daniel Kofman , David Menga

Electricity market design that accounts for grid constraints such as voltage and thermal limits at the distribution level can increase opportunities for the grid integration of Distributed Energy Resources (DERs). In this paper, we consider…

Systems and Control · Electrical Eng. & Systems 2026-02-24 Zeinab Salehi , Elizabeth L. Ratnam , Yijun Chen , Ian R. Petersen , Guodong Shi , Duncan S. Callaway

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
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