2020
DOI: 10.3390/su12030923
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Optimization of Peer-to-Peer Power Trading in a Microgrid with Distributed PV and Battery Energy Storage Systems

Abstract: Integrating distributed generation (DG) into the main grid is a challenge for the safety and stability of the grid. The application of peer-to-peer (P2P) technology in microgrids with distributed generation is expected to facilitate increased self-consumption of distributed and renewable energy, and the rise of prosumers’ monetary benefits. A P2P energy trading model in microgrids with photovoltaic (PV) distributed generation and battery energy storage systems (BESSs) is proposed in this paper. We additionally… Show more

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Cited by 75 publications
(46 citation statements)
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“…Figure 1 shows the area of fuzzy rule base determined by error (E) and changing error (CE) as input of fuzzy control. Rule bases can be divided into four areas according to errors and changing errors as shown in Equations ( 3)- (6).…”
Section: Proposed Mppt Methodsmentioning
confidence: 99%
See 1 more Smart Citation
“…Figure 1 shows the area of fuzzy rule base determined by error (E) and changing error (CE) as input of fuzzy control. Rule bases can be divided into four areas according to errors and changing errors as shown in Equations ( 3)- (6).…”
Section: Proposed Mppt Methodsmentioning
confidence: 99%
“…Activating these smart grids requires spreading small-scale distributed power and building micro grids. Nowadays, in the energy market, small-scale distributed power sources based on renewable energy are spreading, and installation of the micro grid is continuing as a result [5][6][7].…”
Section: Introductionmentioning
confidence: 99%
“…The prosumers can achieve a ''win-win'' situation by searching for a satisfactory trading price and by reaching an agreement in a seamless way. The marginal price of P2P electricity transactions should be cheaper than the retailer tariff and higher than the feedin tariff (i.e., the price of electricity export to the grid) so that P2P can provide savings for buyers and profit for sellers [8]. The work in [9] highlights potential benefits of P2P energy trading: the maximization of renewable energy usage, the reduction of electricity cost, the shaving of peak load, the empowerment of the prosumers, and the minimization of network operation and investment costs.…”
Section: Introductionmentioning
confidence: 99%
“…Typically, optimization methods that determine local market transaction using centralised approaches consider a small number of users involved due to the computational burden [22]- [24]. On contrast, methods that consider a large number of users use iterative process [3] or determine the local transaction after the DSM optimization is finished [8], [25].…”
Section: Introductionmentioning
confidence: 99%
“…Progress and a price reduction of the photovoltaic power generation technology are important research themes (1)(2)(3)(4)(5)(6)(7)(8). Then, it is splendid if the poisonous plant and the activated carbon can be used.…”
Section: Introductionmentioning
confidence: 99%