Co-simulation platform for the assessment of transactive energy systems

Melo, Lucas Silveira; Tofoli, Fernando Lessa; Issicaba, Diego; Monteiro, Marcos Eduardo Pivaro; Barroso, Giovanni Cordeiro; Sampaio, Raimundo Furtado; Leão, Ruth Pastôra Saraiva

doi:10.1016/j.epsr.2023.109693

Cited by 5 publications

(2 citation statements)

References 40 publications

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“…Ref. [28] describes a simulation model that was used in the design of transactive energy system (TES) architecture. The suggested technique provides for the integration of diverse domains connected with smart grids, while the combined usage of simulation tools that comprise a multidomain system allows for the evaluation of control actions, optimization algorithms, load flow, and communication infrastructure.…”

Section: Of 24mentioning

confidence: 99%

Profit Extension of a Wind-Integrated Competitive Power System by Vehicle-to-Grid Integration and UPFC Placement

Dawn,

Rao,

Vital

et al. 2023

Energies

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Profit maximization is critical in the control of power system networks for both power providers and users. Electrical energy is freely accessible in the electrical grid during off-peak hours, with storage units helping to store excess energy and assist the electrical grid during high-demand situations. Such techniques promote grid stability and ensure safe operation. Because renewable resources are intermittent, energy storage technologies are especially significant in renewable-associated power systems. Vehicle-to-grid (V2G) technology has recently acquired popularity in preserving power grid stability in the presence of renewable resources.V2G technology employs automobiles as mobile storage devices and focuses on the efficient utilization of extra power available during off-peak hours. The goal of this work is to improve the functioning of a V2G system in a power network to reduce energy production costs while increasing system profitability. This study for deregulated power environments also depicts the influence of V2G mixing on system voltage profile and locational marginal pricing (LMP), as well as the performance of the Unified Power Flow Controller (UPFC) on system economics. The MiPower simulation program is used in the study to find the best placement of the power storage unit for the modified IEEE 14-bus system.

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Section: Of 24mentioning

confidence: 99%

Profit Extension of a Wind-Integrated Competitive Power System by Vehicle-to-Grid Integration and UPFC Placement

Dawn,

Rao,

Vital

et al. 2023

Energies

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“…To alleviate the challenge of peak shaving and enhance renewable energy accommodation, it is necessary to fully explore the interactive potential of ECPPs in participating in power grid supply-demand regulation as well as electricity markets [13]. The interaction mode of ECPPs participating in the electricity market can refer to transactive energy systems (TESs) [14][15][16].…”

Section: Introductionmentioning

confidence: 99%

Research on Optimal Operation of Power Generation and Consumption for Enterprises with Captive Power Plants Participating in Power Grid Supply–Demand Regulation

Liu,

Zhao,

Yang

et al. 2024

Energies

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Wind and solar power curtailment and the difficulty of peak regulation are issues that urgently need to be addressed in the process of China’s new electric power system. Enterprises with captive power plants (ECPPs) are large-capacity power consumers and producers, with significant optimization and adjustment potential on both the supply and demand sides. This paper aims to promote the active participation of ECPPs in grid supply–demand regulation and proposes an optimization model for the power generation and consumption of ECPPs based on a day-ahead, intra-day two-stage dispatching model. First, targeting demand response scenarios, mathematical models for analyzing the potential of ECPPs to participate in power grid supply–demand regulation are proposed. Then, an optimization model for ECPP generation and consumption with load regulation is established, and a two-stage dispatching model is proposed to fully mobilize the regulation flexibility of ECPPs. Finally, a robust dispatching model considering price uncertainty is established based on information gap decision theory. The case results show that ECPPs can reduce the curtailment rate in a region by approximately 9%, alleviate the peak pressure of the power grid, reduce carbon emissions by 1373.55 tons, and promote low-carbon development for themselves. Meanwhile, considering price uncertainty strengthens the risk resistance capability of ECPPs and provides a basis for their willingness to participate in supply–demand regulation.

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Bi-level decision tree-based smart electricity analysis framework for sustainable city

Ahanger,

Bhatia,

Albanyan

et al. 2025

Sustainable Computing: Informatics and Systems

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Co-simulation platform for the assessment of transactive energy systems

Cited by 5 publications

References 40 publications

Profit Extension of a Wind-Integrated Competitive Power System by Vehicle-to-Grid Integration and UPFC Placement

Profit Extension of a Wind-Integrated Competitive Power System by Vehicle-to-Grid Integration and UPFC Placement

Research on Optimal Operation of Power Generation and Consumption for Enterprises with Captive Power Plants Participating in Power Grid Supply–Demand Regulation

Bi-level decision tree-based smart electricity analysis framework for sustainable city

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