Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.14279/19719
Title: Rethinking Consumer-Centric Markets Under Uncertainty: A Robust Approach to Community-Based Energy Trades
Authors: Onugha, Ifeoma 
Dehghan, Shahab 
Aristidou, Petros 
Major Field of Science: Engineering and Technology
Field Category: Electrical Engineering - Electronic Engineering - Information Engineering
Keywords: Community-Based Markets;Taguchi orthogonal array testing (TOAT);Peer-to-Peer (P2P) Markets;Uncertainty
Issue Date: Aug-2020
Source: 2020 IEEE Power & Energy Society General Meeting (PESGM), 2-6 Aug. 2020, Montreal, QC, Canada
Conference: 2020 IEEE Power & Energy Society General Meeting (PESGM) 
Abstract: The flexibility of the end users in the electricity markets is becoming more pertinent with the evolution of market mechanisms allowing consumers to participate actively. The advent of Distributed Energy Resources (DERs) and energy storage systems is gradually and continuously changing the roles of the market operators. The impact of the uncertainty of DERs and load demands on community-based market structures has not been fully investigated. In this paper, we propose a robust solution to community-based market operations under uncertainty and compare the optimal decisions on energy trades with deterministic, stochastic, and opportunistic models. Also, we employ the Taguchi’s orthogonal array testing (TOAT) to generate proficient scenarios from uncertain variables of prosumers. The proposed method is tested on a community-based microgrid with 15 prosumers assuming a single-rate tariff structure. Simulation results demonstrate the cost of robustness and the impact of uncertainty.
URI: https://hdl.handle.net/20.500.14279/19719
DOI: 10.1109/PESGM41954.2020.9281541
Rights: © IEEE
Type: Conference Papers
Affiliation : University of Leeds 
Publication Type: Peer Reviewed
Appears in Collections:Δημοσιεύσεις σε συνέδρια /Conference papers or poster or presentation

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