Co-operative P2P Trading and Voltage Regulation Service in Unbalanced Distribution Networks

Lyu，Cheng1; Xu，Zhao1,2,3; Jia，Youwei4

10.1109/PESGM48719.2022.9916714

2022

1944-9925

1944-9933

978-1-6654-0824-0

IEEE Power and Energy Society General Meeting

2022-July

1-5

17-21 July 2022

Denver, CO, USA

Peer-to-peer(P2P) energy trading is one of the emerging concepts regarding local energy trading in the area of active distribution networks. It is believed to enhance the renewable energy utilization at the distribution level. In this paper, a joint operation model is proposed to embrace P2P energy trading, flexible demand, and reactive power resources in a distribution grid with unbalanced power flows. In particular, we integrate the transactive market design with the three-phase optimal power flow to cope with possible network constraint violations while minimizing the social cost. Simulation results on a modified IEEE 37-bus distribution system demonstrate that the proposed co-operation optimization outperforms sequential optimization in both reducing the operation cost and improving the voltage regulation profiles.

Energy trading flexible demand peer-to-peer voltage regulation

Others

English

National Natural Science Foundation of China[71971183];National Natural Science Foundation of China[72071100];

2-s2.0-85141486130

Scopus

1.The Hong Kong Polytechnic University,Department of Electrical Engineering,Hong Kong,Hong Kong
2.Research Institute for Smart Energy,The Hong Kong Polytechnic University,Hong Kong,Hong Kong
3.The Hong Kong Polytechnic University,Shenzhen Research Institute,Shenzhen,China
4.Southern University of Science and Technology,Department of Electrical and Electronic Engineering,Shenzhen,China

Lyu，Cheng,Xu，Zhao,Jia，Youwei. Co-operative P2P Trading and Voltage Regulation Service in Unbalanced Distribution Networks[C],2022:1-5.