Distribution Locational Marginal Price Based Transactive Energy Management in Distribution Systems with Smart Prosumers—A Multi-Agent Approach

Yerasyl Amanbek, Aidana Kalakova, Svetlana Zhakiyeva, Korhan Kayisli, Nurkhat Zhakiyev and Daniel Friedrich
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Yerasyl Amanbek: Department of Science and Innovation, Astana IT University, Nur-Sultan 010000, Kazakhstan
Aidana Kalakova: Department of Science and Innovation, Astana IT University, Nur-Sultan 010000, Kazakhstan
Svetlana Zhakiyeva: Department of Mathematical and Computer Modeling, L.N. Gumilyov Eurasian National University, Nur-Sultan 010008, Kazakhstan
Korhan Kayisli: Department of Electrical-Electronic Engineering, Engineering Faculty, Gazi University, Ankara 06570, Turkey
Nurkhat Zhakiyev: Department of Science and Innovation, Astana IT University, Nur-Sultan 010000, Kazakhstan
Daniel Friedrich: School of Engineering, The University of Edinburgh, Edinburgh EH9 3FB, UK

Energies, 2022, vol. 15, issue 7, 1-18

Abstract: This work proposes a distribution locational marginal price (DLMP)-based transactive energy (TE) framework for distribution systems with enthusiastic or smart prosumers. The framework uses a multi-agent system (MAS) as the basis on which the proposed TE model, i.e., distribution locational marginal price (DLMP) based TE management system (DTEMS), is implemented. DTEMS uses a novel metric known as the nodal earning component, which is determined by the optimal power flow (OPF) based smart auction mechanism, to schedule the TE transactions optimally among the stakeholders by alleviating the congestion in the distribution system. Based on the individual contributions to the congestion relief, DTEMS ranks the prosumers and loads as most valuable players (MVP) and assigns the energy trading price according to the category of the player. The effectiveness of the proposed TE model is verified by simulating the proposed DTEMS for a modified 33 bus radial distribution system fed with various plug-able energy resources, prosumers, and microgrids.

Keywords: demand response; distribution locational marginal price; electricity markets; microgrids multi-agent system; transactive energy; renewable energy (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: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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