Opportunities and challenges of mainstreaming distributed energy resources towards the transition to more efficient and resilient energy markets

González, Diana María López; Rendón, John García

doi:10.1016/j.rser.2021.112018

Cited by 45 publications

(16 citation statements)

References 18 publications

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“…With this viewpoint, the economic, social, and environmental impacts of incorporating DERs on international platforms are reviewed in. 24 Further, the operational, regulatory, commercial, and political challenges in countries such as Germany, the United States, Australia, and the United Kingdom are briefly discussed. The deployment of RES at consumer premises necessitates the frameworks; the stakeholders will be formed to share the responsibilities and create the roles, such as prosumers and aggregators.…”

Section: Multi-microgrid Energy Marketsmentioning

confidence: 99%

State-of-the-art review on energy sharing and trading of resilient multi microgrids

Kumar,

Singh,

Raghav

et al. 2024

iScience

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Section: Multi-microgrid Energy Marketsmentioning

confidence: 99%

State-of-the-art review on energy sharing and trading of resilient multi microgrids

Kumar,

Singh,

Raghav

et al. 2024

iScience

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“…It cannot give full play to the advantages of distributed energy in security and economy, leading to the low marketization degree of distributed energy and the need for relevant national policy support. Under the background of deepening reform of the electric power system, various countries have accelerated the development of distributed market trading [4][5][6]. China released in November 2017 Notice on Developing Distributed Power Generation Market Trading Pilot, which puts forward to further open the user side market, play the positive guidance of market, and stimulate the vitality of market entities.…”

Section: Introductionmentioning

confidence: 99%

Peer-to-Peer Energy Trading Method of Multi-Virtual Power Plants Based on Non-Cooperative Game

Bai¹,

Zhou²,

Xu³

et al. 2023

Energy Engineering

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The current electricity market fails to consider the energy consumption characteristics of transaction subjects such as virtual power plants. Besides, the game relationship between transaction subjects needs to be further explored. This paper proposes a Peer-to-Peer energy trading method for multi-virtual power plants based on a non-cooperative game. Firstly, a coordinated control model of public buildings is incorporated into the scheduling framework of the virtual power plant, considering the energy consumption characteristics of users. Secondly, the utility functions of multiple virtual power plants are analyzed, and a non-cooperative game model is established to explore the game relationship between electricity sellers in the Peer-to-Peer transaction process. Finally, the influence of user energy consumption characteristics on the virtual power plant operation and the Peer-to-Peer transaction process is analyzed by case studies. Furthermore, the effect of different parameters on the Nash equilibrium point is explored, and the influence factors of Peer-to-Peer transactions between virtual power plants are summarized. According to the obtained results, compared with the central air conditioning set as constant temperature control strategy, the flexible control strategy proposed in this paper improves the market power of each VPP and the overall revenue of the VPPs. In addition, the upper limit of the service quotation of the market operator have a great impact on the transaction mode of VPPs. When the service quotation decreases gradually, the P2P transaction between VPPs is more likely to occur.

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“…This leads to bidirectional power flows between the distribution network and the microgrid, as well as within the microgrid itself, which poses new challenges for the design of microgrid ACSs and protections [26]. The qualitative change in the role of the end users of electricity has led to the emergence of a new entity in the retail electricity market who is interested in the development of microgrid technologies [27]. However, the creation of microgrids raises issues regarding the implementation of optimal economic regulation of consumers/prosumers within a microgrid, between adjacent microgrids, and between microgrids and the distribution network [28].…”

Section: Introductionmentioning

confidence: 99%

Approaches to Building AC and AC–DC Microgrids on Top of Existing Passive Distribution Networks

et al. 2023

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The process of building microgrids on top of existing passive distribution networks warrants a multi-criteria analysis. Besides the calculation of the investment outlays needed for the modernization of distribution networks, such an analysis covers an assessment of the technological and economic effects of building microgrids. The resulting effects depend on the topology and configuration of distribution networks, specific microgrid features, the choice of the current type for the entire microgrid or its individual parts, the methods of connecting distributed energy resources (DERs), the availability and maturity of information and communications technology (ICT) infrastructure, and other factors. Comprehensive input data allow for designing an optimal microgrid configuration, but the main technological and economic effects are determined by the algorithms of operation and the parameter settings of the automatic control system (ACS) and the protection system. The known approaches to designing microgrids focus on addressing basic tasks while minimizing the investment required for their implementation. The above is fully justified when constructing new microgrids, but building microgrids on top of existing distribution networks, given the uniqueness of their topology and configuration, does not allow the use of standardized solutions. The development of approaches to the design of microgrids under such constraints, with minimized investment in the modernization of existing distribution networks, is an urgent task. The use of different types of current for individual microgrid segments determines the choice of the particular ACS and protection system, which depends on the availability of information and communications technology infrastructure. This article contributes a review of approaches to designing AC and AC–DC microgrids so as to maximize their technological and economic effects. We review techniques for analyzing the existing distribution networks aimed at choosing the type of current for the entire microgrid or its individual parts, the optimal points for the connection of microgrids to distribution networks, and the mix and capacity of DERs, with such choices informed by the conditions of the switching devices and information and communications technology infrastructure. This article presents the results of the analysis of approaches to choosing the optimal configuration of microgrids, microgrid ACS, and protection system, with an evaluation of the technological and economic effects subject to the minimization of investment in the modernization of the existing distribution networks.

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Opportunities and challenges of mainstreaming distributed energy resources towards the transition to more efficient and resilient energy markets

Cited by 45 publications

References 18 publications

State-of-the-art review on energy sharing and trading of resilient multi microgrids

State-of-the-art review on energy sharing and trading of resilient multi microgrids

Peer-to-Peer Energy Trading Method of Multi-Virtual Power Plants Based on Non-Cooperative Game

Approaches to Building AC and AC–DC Microgrids on Top of Existing Passive Distribution Networks

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