A prosumer reliability-enhanced method coupling post-fault reconfiguration and P2P trading

Junkai Li, Shaoyun Ge, Hong Liu, Xingtang He, Tingyu Hou, Liyong Wang, Zhihao Ren and Chengshan Wang

Applied Energy, 2025, vol. 377, issue PA, No S0306261924017379

Abstract: Emerging market-based mechanims provide an effective way to satisfy consumers' differentiated reliability preferences and improve system reliability level. However, these mechanisms also increase the difficulty in determining the optimal post-fault network topology. To address the issues, this paper develops a prosumer reliability-enhanced method coupling post-fault reconfiguration and peer-to-peer (P2P) trading. Specifically, a bi-level optimization model is proposed where comprehensive cost paid by distribution system operator (DSO) is minimized in the upper level and prosumers' post-fault payoffs are maximized through multi‑leaders multi-followers (MLMF) game in the lower level. Then, a hierarchical distributed algorithm is designed to protect prosumers privacy in post-fault reconfiguration and P2P trading simultaneously. Numerical results authenticate that the proposed reliability enhancement method increases total social welfare and achieves win-win situation between DSO and prosumers.

Keywords: Market-based reliability services; Post-fault reconfiguration; Reliability enhancement method (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1016/j.apenergy.2024.124354

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