A Grid-Friendly Sustainable Neighborhood Energy Trading Mechanism for MV-LV Network
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Ledwich, Gerard
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Abstract
Increasing numbers of customers intend to install batteries with PV to manage their power bill or even go off-grid. To encourage the sharing of locally generated renewable energy and suburban customers to stay on grid, a novel grid friendly neighborhood energy trading mechanism (NET) has been developed. The NET is intuitive as it uses the existing network topology as the trading medium for scalability with low computation and communication requirements. The NET is designed to account for three technical goals: reflecting losses, meeting network flow constraints, and regulating voltages A MV-LV distribution network case study shows that NET effectively achieves the three goals with low communication and fast convergence. This NET mechanism helps to enable grid friendly neighborhoods to share locally generated renewable energy in a market context.
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IEEE Transactions on Smart Grid
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12
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3
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© 2020 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
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Subject
Urban design
Energy generation, conversion and storage (excl. chemical and electrical)
Electrical engineering
Electronics, sensors and digital hardware
Distributed computing and systems software
Science & Technology
Technology
Engineering, Electrical & Electronic
Engineering
Voltage control
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Liu, A; Ledwich, G, A Grid-Friendly Sustainable Neighborhood Energy Trading Mechanism for MV-LV Network, IEEE Transactions on Smart Grid, 2021, 12 (3), pp. 2239-2248