A distributed peer‐to‐peer energy trading model in integrated electric–thermal system

Abstract To promote the energy accommodation of both electrical and heating power while considering the source–load uncertainties, a peer‐to‐peer (P2P) energy trading model among prosumers in the integrated electric–thermal system is proposed here, considering the energy trading agent (ETA) with sel...

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Main Authors: Ting Huang, Yi Sun, Jianhong Hao, Chong Sun, Chuang Liu
Format: Article
Language:English
Published: Wiley 2024-11-01
Series:IET Renewable Power Generation
Subjects:
Online Access:https://doi.org/10.1049/rpg2.12918
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author Ting Huang
Yi Sun
Jianhong Hao
Chong Sun
Chuang Liu
author_facet Ting Huang
Yi Sun
Jianhong Hao
Chong Sun
Chuang Liu
author_sort Ting Huang
collection DOAJ
description Abstract To promote the energy accommodation of both electrical and heating power while considering the source–load uncertainties, a peer‐to‐peer (P2P) energy trading model among prosumers in the integrated electric–thermal system is proposed here, considering the energy trading agent (ETA) with self‐build energy system. The solar heat‐pump hybrid thermal water system (SPTS) and the transferring loss of heating power is considered and modelled based on the principle of steady‐state thermal transfer. Since the variations of load and PV cannot be described by any single common distribution, the chance‐constraints programming based on the Gaussian mixture model (GMM) is proposed to handle the uncertainty of the net load. As the proposed power trading problem is a non‐convex problem with binary variables, an improved alternating direction method of multiplier (ADMM) based on the predictor‐corrector and two‐stage cycle iterations is proposed to enhance the convergence performance of standard ADMM. Finally, an example simulation verifies the effectiveness; this results show that the proposed model can decrease the total cost by 26.7% and enhance local energy balance by 61.8% compared to other cases.
format Article
id doaj-art-c4e58fdd39e7438cac49b9f4d2903905
institution Kabale University
issn 1752-1416
1752-1424
language English
publishDate 2024-11-01
publisher Wiley
record_format Article
series IET Renewable Power Generation
spelling doaj-art-c4e58fdd39e7438cac49b9f4d29039052024-11-18T14:18:26ZengWileyIET Renewable Power Generation1752-14161752-14242024-11-0118153188320310.1049/rpg2.12918A distributed peer‐to‐peer energy trading model in integrated electric–thermal systemTing Huang0Yi Sun1Jianhong Hao2Chong Sun3Chuang Liu4Department of Electrical and Electronic Engineering North China Electric Power University Beijing ChinaDepartment of Electrical and Electronic Engineering North China Electric Power University Beijing ChinaDepartment of Electrical and Electronic Engineering North China Electric Power University Beijing ChinaMarketing Service Centre State Grid Hebei Electric Power Co., Ltd. Shijiazhuang ChinaMarketing Service Centre State Grid Hebei Electric Power Co., Ltd. Shijiazhuang ChinaAbstract To promote the energy accommodation of both electrical and heating power while considering the source–load uncertainties, a peer‐to‐peer (P2P) energy trading model among prosumers in the integrated electric–thermal system is proposed here, considering the energy trading agent (ETA) with self‐build energy system. The solar heat‐pump hybrid thermal water system (SPTS) and the transferring loss of heating power is considered and modelled based on the principle of steady‐state thermal transfer. Since the variations of load and PV cannot be described by any single common distribution, the chance‐constraints programming based on the Gaussian mixture model (GMM) is proposed to handle the uncertainty of the net load. As the proposed power trading problem is a non‐convex problem with binary variables, an improved alternating direction method of multiplier (ADMM) based on the predictor‐corrector and two‐stage cycle iterations is proposed to enhance the convergence performance of standard ADMM. Finally, an example simulation verifies the effectiveness; this results show that the proposed model can decrease the total cost by 26.7% and enhance local energy balance by 61.8% compared to other cases.https://doi.org/10.1049/rpg2.12918demand side managementdistributed controlenergy management systemsGaussian distributionpower markets
spellingShingle Ting Huang
Yi Sun
Jianhong Hao
Chong Sun
Chuang Liu
A distributed peer‐to‐peer energy trading model in integrated electric–thermal system
IET Renewable Power Generation
demand side management
distributed control
energy management systems
Gaussian distribution
power markets
title A distributed peer‐to‐peer energy trading model in integrated electric–thermal system
title_full A distributed peer‐to‐peer energy trading model in integrated electric–thermal system
title_fullStr A distributed peer‐to‐peer energy trading model in integrated electric–thermal system
title_full_unstemmed A distributed peer‐to‐peer energy trading model in integrated electric–thermal system
title_short A distributed peer‐to‐peer energy trading model in integrated electric–thermal system
title_sort distributed peer to peer energy trading model in integrated electric thermal system
topic demand side management
distributed control
energy management systems
Gaussian distribution
power markets
url https://doi.org/10.1049/rpg2.12918
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