A network-secure peer-to-peer trading framework for electricity-carbon integrated market among local prosumers

Junkai Li, Shaoyun Ge, Zhengyang Xu, Hong Liu, Jifeng Li, Chengshan Wang and Xueying Cheng

Applied Energy, 2023, vol. 335, issue C, No S0306261922016774

Abstract: The emergence of prosumers with considerable renewables promotes the lower-carbon operation of distribution network. However, prosumers’ flexible roles also bring new challenges to establish a fairness distribution-level transactive market and ensure the security in distribution network. To address this issue, this paper presents a network-secure peer-to-peer (P2P) market with two-stage framework. In the first stage, a multi leaders multi followers (MLMF) Stackelberg game is utilized to establish the P2P electricity-carbon integrated market, which considers stakeholders’ changeable roles between producer and consumer in the energy and carbon allowance transaction. The existence and uniqueness of the market equilibrium are also verified. In the second stage, network reconfiguration is taken into consideration to support the transactive results and avoid the restriction on node injected power to the largest extent. Numerical results show that the established P2P electricity-carbon integrated market can reduce carbon emissions by over 6% without harming prosumers’ total revenues.

Keywords: MLMF Stackelberg game; P2P electricity-carbon integrated market; Network reconfiguration (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (15)

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DOI: 10.1016/j.apenergy.2022.120420

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