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A Multi-Market-Driven Approach to Energy Scheduling of Smart Microgrids in Distribution Networks

Author

Listed:
  • Jingpeng Yue

    (School of Electrical Engineering and Automation, Wuhan University, Wuhan 430047, China)

  • Zhijian Hu

    (School of Electrical Engineering and Automation, Wuhan University, Wuhan 430047, China)

  • Amjad Anvari-Moghaddam

    (Department of Energy Technology, Aalborg University, 9220 Aalborg, Denmark)

  • Josep M. Guerrero

    (Department of Energy Technology, Aalborg University, 9220 Aalborg, Denmark)

Abstract

In order to coordinate the economic desire of microgrid (MG) owners and the stability operation requirement of the distribution system operator (DSO), a multi-market participation framework is proposed to stimulate the energy transaction potential of MGs through distributed and centralized ways. Firstly, an MG equipped with storage can contribute to the stability improvement at special nodes of the distribution grid where the uncertain factors (such as intermittent renewable sources and electric vehicles) exist. The DSO is thus interested in encouraging specified MGs to provide voltage stability services by creating a distribution grid service market (DGSM), where the dynamic production-price auction is used to capture the competition of the distributed MGs. Moreover, an aggregator, serving as a broker and controller for MGs, is considered to participate in the day-ahead wholesale market. A Stackelberg game is modeled accordingly to solve the price and quantity package allocation between aggregator and MGs. Finally, the modified IEEE-33 bus distribution test system is used to demonstrate the applicability and effectiveness of the proposed multi-market mechanism. The results under this framework improve both MGs and utility.

Suggested Citation

  • Jingpeng Yue & Zhijian Hu & Amjad Anvari-Moghaddam & Josep M. Guerrero, 2019. "A Multi-Market-Driven Approach to Energy Scheduling of Smart Microgrids in Distribution Networks," Sustainability, MDPI, vol. 11(2), pages 1-16, January.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:2:p:301-:d:196067
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    References listed on IDEAS

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    Cited by:

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    2. Zhu, Ziqing & Wing Chan, Ka & Bu, Siqi & Zhou, Bin & Xia, Shiwei, 2021. "Real-Time interaction of active distribution network and virtual microgrids: Market paradigm and data-driven stakeholder behavior analysis," Applied Energy, Elsevier, vol. 297(C).
    3. Eric Galvan & Paras Mandal & Shantanu Chakraborty & Tomonobu Senjyu, 2019. "Efficient Energy-Management System Using A Hybrid Transactive-Model Predictive Control Mechanism for Prosumer-Centric Networked Microgrids," Sustainability, MDPI, vol. 11(19), pages 1-24, September.
    4. Pablo Baez-Gonzalez & Felix Garcia-Torres & Miguel A. Ridao & Carlos Bordons, 2020. "A Stochastic MPC Based Energy Management System for Simultaneous Participation in Continuous and Discrete Prosumer-to-Prosumer Energy Markets," Energies, MDPI, vol. 13(14), pages 1-23, July.
    5. Xihao Wang & Xiaojun Wang & Yuqing Liu & Chun Xiao & Rongsheng Zhao & Ye Yang & Zhao Liu, 2022. "A Sustainability Improvement Strategy of Interconnected Data Centers Based on Dispatching Potential of Electric Vehicle Charging Stations," Sustainability, MDPI, vol. 14(11), pages 1-19, June.
    6. Giulia Maesano & Giuseppe Di Vita & Gaetano Chinnici & Gioacchino Pappalardo & Mario D'Amico, 2020. "The Role of Credence Attributes in Consumer Choices of Sustainable Fish Products: A Review," Sustainability, MDPI, vol. 12(23), pages 1-18, November.

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