A Transactive Energy Management Framework for Regional Network of Microgrids

Mohammadreza Daneshvar, Behnam Mohammadi-Ivatloo, Somayeh Asadi, Mehdi Abapour, Amjad Anvari-Moghaddam

Research output: Chapter in Book/Report/Conference proceedingConference contribution

20 Scopus citations

Abstract

To maximize the microgrids profit in presence of renewable energy resources (RERs), this paper employs the transactive energy (TE) technique for optimal scheduling of the distributed energy resources (DERs) throughout the system. Microgrids can exchange energy with the main grid not only to meet their demand but also to make a profit by active participation in energy and reserve provision process. In this regard, TE can be applied as an effective solution for energy supply management and dynamic balancing between the microgrids and the power grid. In this paper, the participation of five grid-connected commercial microgrids in day-ahead (DA) market is considered. The applicability and the satisfactory performance of the proposed approach are tested and validated on a 10-bus IEEE test system. Simulation results indicate that maximum profit can be achieved for the microgrids with optimal scheduling of the DERs based on the TE approach.

Original languageEnglish (US)
Title of host publicationSEST 2019 - 2nd International Conference on Smart Energy Systems and Technologies
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728111568
DOIs
StatePublished - Sep 2019
Event2nd International Conference on Smart Energy Systems and Technologies, SEST 2019 - Porto, Portugal
Duration: Sep 9 2019Sep 11 2019

Publication series

NameSEST 2019 - 2nd International Conference on Smart Energy Systems and Technologies

Conference

Conference2nd International Conference on Smart Energy Systems and Technologies, SEST 2019
Country/TerritoryPortugal
CityPorto
Period9/9/199/11/19

All Science Journal Classification (ASJC) codes

  • Artificial Intelligence
  • Computer Networks and Communications
  • Energy Engineering and Power Technology
  • Renewable Energy, Sustainability and the Environment
  • Electrical and Electronic Engineering
  • Control and Optimization

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