Distributed Energy Trading: The Multiple-Microgrid Case
By David Gregoratti, Javier Matamoros. IEEE transactions on industrial electronics (1982. Print), 2013
302 citations recorded by the source corpus.
In this paper, a distributed convex optimization framework is developed for energy trading between islanded microgrids. More specifically, the problem consists of several islanded microgrids that exchange energy flows by means of an arbitrary topology. Due to scalability issues and in order to safeguard local information on cost functions, a subgradient-based cost minimization algorithm that converges to the optimal solution in a practical number of iterations and with limited communication overhead is proposed. Furthermore, this approach allows for a very intuitive economics interpretation that explains the algorithm iterations in terms of a “supply-demand model” and “market clearing.” Numerical results are given in terms of the convergence rate of the algorithm and the attained costs for different network topologies.
Subfields: Control and Systems Engineering, Electrical and Electronic Engineering
View Paper: https://www.semanticscholar.org/paper/eedd3ecb87493860a906a852134156f54e2f7e43
How researchers see this paper
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In Control and Systems Engineering
- Thomas Morstyn
- Malcolm Duncan McCulloch
- Alexander Teytelboym
- Yan Zhang
- Hao Wang
- Jianwei Huang
- Qiuwei Wu
- H. Jia
In Electrical and Electronic Engineering
- Thomas Morstyn
- Sabita Maharjan
- Malcolm Duncan McCulloch
- Yan Zhang
- Alexander Teytelboym
- Hao Wang
- Jianwei Huang
- Chau Yuen
Citations in the corpus
- Energy Peer-to-Peer Trading in Virtual Microgrids in Smart Grids: A Game-Theoretic Approach (2020, background): “The idea is inspired by the microgeneration of energy at the edge of the distribution network [24], as renewable energy generation is now prevalent in residential and commercial buildings, and the pervasive nature of wireless communication technologies.”
- Bilateral Contract Networks for Peer-to-Peer Energy Trading (2019, methodology): “In this paper, a quadratic cost function is adopted, with linear and quadratic coefficients cg1i, cg2i ≥ 0 [36].”
- Incentivizing Energy Trading for Interconnected Microgrids (2016, background): “However, studies in [9] and [10] did not consider the self-interests of multiple microgrids.”