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 |
Files in This Item:
File | Description | Size | Format | |
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manuscript.pdf | 460.45 kB | Adobe PDF | View/Open |
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