Distributed Network-Constrained P2P Community-Based Market for Distribution Networks
Carlos Oliveira,
Micael Simões,
Leonardo Bitencourt,
Tiago Soares () and
Manuel A. Matos
Additional contact information
Carlos Oliveira: Center for Power and Energy Systems, Institute for Systems and Computer Engineering, Technology and Science (INESC TEC), 4200-465 Porto, Portugal
Micael Simões: Center for Power and Energy Systems, Institute for Systems and Computer Engineering, Technology and Science (INESC TEC), 4200-465 Porto, Portugal
Leonardo Bitencourt: Electrical Energy Department, Federal University of Juiz de Fora (UFJF), Juiz de Fora 36036-330, MG, Brazil
Tiago Soares: Center for Power and Energy Systems, Institute for Systems and Computer Engineering, Technology and Science (INESC TEC), 4200-465 Porto, Portugal
Manuel A. Matos: Center for Power and Energy Systems, Institute for Systems and Computer Engineering, Technology and Science (INESC TEC), 4200-465 Porto, Portugal
Energies, 2023, vol. 16, issue 3, 1-16
Abstract:
Energy communities have been designed to empower consumers while maximizing the self-consumption of local renewable energy sources (RESs). Their presence in distribution systems can result in strong modifications in the operation and management of such systems, moving from a centralized operation to a distributed one. In this scope, this work proposes a distributed community-based local energy market that aims at minimizing the costs of each community member, accounting for the technical network constraints. The alternating direction method of multipliers (ADMM) is adopted to distribute the market, and preserve, as much as possible, the privacy of the prosumers’ assets, production, and demand. The proposed method is tested on a 10-bus medium voltage radial distribution network, in which each node contains a large prosumer, and the relaxed branch flow model is adopted to model the optimization problem. The market framework is proposed and modeled in a centralized and distributed fashion. Market clearing on a day-ahead basis is carried out taking into account actual energy exchanges, as generation from renewable sources is uncertain. The comparison between the centralized and distributed ADMM approach shows an 0.098% error for the nodes’ voltages. The integrated OPF in the community-based market is a computational burden that increases the resolution of the market dispatch problem by about eight times the computation time, from 200.7 s (without OPF) to 1670.2 s. An important conclusion is that the proposed market structure guarantees that P2P exchanges avoid the violation of the network constraints, and ensures that community agents’ can still benefit from the community-based architecture advantages.
Keywords: energy communities; distributed energy resources; energy trading; distributed optimization; optimal power flow (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:16:y:2023:i:3:p:1520-:d:1056799
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