The microgrids (MGs) have emerged as an ideal platform to integrate distributed energy resources (DER'S) in a distribution network. However, the intermittent nature of DER's poses a new challenge of energy balance within a microgrid. Trading energy among the microgrids has emerged as a well-suited solution. Therefore, we have proposed a novel method for fair and stable energy sharing among microgrid clusters with minimum information overhead. The novelty of the proposed method lies within the seller level game and introduction of a new pricing mechanism. The concept of an aggregator is used as a mediator between the trading parties. Depending on the priority factor, each buyer MG decides its strategy for energy demand from the surplus using a non-cooperative game theory based algorithm. The interests of seller MGs are protected by allowing them to decide the amount of energy they want to share out of their total surplus. To avoid the selfish behaviour of any buyer MG, an algorithm is used by the energy market operator which verifies the strategies submitted by buyer MGs before releasing set points to the generators. Apart from fairness and stability, the extensive numerical study confirms the ascendancy of the proposed method.

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