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A network-secure peer-to-peer trading framework for electricity-carbon integrated market among local prosumers

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  • Li, Junkai
  • Ge, Shaoyun
  • Xu, Zhengyang
  • Liu, Hong
  • Li, Jifeng
  • Wang, Chengshan
  • Cheng, Xueying

Abstract

The emergence of prosumers with considerable renewables promotes the lower-carbon operation of distribution network. However, prosumers’ flexible roles also bring new challenges to establish a fairness distribution-level transactive market and ensure the security in distribution network. To address this issue, this paper presents a network-secure peer-to-peer (P2P) market with two-stage framework. In the first stage, a multi leaders multi followers (MLMF) Stackelberg game is utilized to establish the P2P electricity-carbon integrated market, which considers stakeholders’ changeable roles between producer and consumer in the energy and carbon allowance transaction. The existence and uniqueness of the market equilibrium are also verified. In the second stage, network reconfiguration is taken into consideration to support the transactive results and avoid the restriction on node injected power to the largest extent. Numerical results show that the established P2P electricity-carbon integrated market can reduce carbon emissions by over 6% without harming prosumers’ total revenues.

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  • Li, Junkai & Ge, Shaoyun & Xu, Zhengyang & Liu, Hong & Li, Jifeng & Wang, Chengshan & Cheng, Xueying, 2023. "A network-secure peer-to-peer trading framework for electricity-carbon integrated market among local prosumers," Applied Energy, Elsevier, vol. 335(C).
    • Handle: RePEc:eee:appene:v:335:y:2023:i:c:s0306261922016774
    DOI: 10.1016/j.apenergy.2022.120420
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    3. Hoque, Md Murshadul & Khorasany, Mohsen & Azim, M. Imran & Razzaghi, Reza & Jalili, Mahdi, 2024. "A framework for prosumer-centric peer-to-peer energy trading using network-secure export–import limits," Applied Energy, Elsevier, vol. 361(C).
    4. Bożena Gajdzik & Magdalena Jaciow & Radosław Wolniak & Robert Wolny & Wieslaw Wes Grebski, 2023. "Energy Behaviors of Prosumers in Example of Polish Households," Energies, MDPI, vol. 16(7), pages 1-26, March.
    5. Yao, Wenliang & Wang, Chengfu & Yang, Ming & Wang, Kang & Dong, Xiaoming & Zhang, Zhenwei, 2023. "A tri-layer decision-making framework for IES considering the interaction of integrated demand response and multi-energy market clearing," Applied Energy, Elsevier, vol. 342(C).
    6. Meng, Yuan & Qiu, Jing & Zhang, Cuo & Lei, Gang & Zhu, Jianguo, 2024. "A Holistic P2P market for active and reactive energy trading in VPPs considering both financial benefits and network constraints," Applied Energy, Elsevier, vol. 356(C).
    7. Christina Papadimitriou & Marialaura Di Somma & Chrysanthos Charalambous & Martina Caliano & Valeria Palladino & Andrés Felipe Cortés Borray & Amaia González-Garrido & Nerea Ruiz & Giorgio Graditi, 2023. "A Comprehensive Review of the Design and Operation Optimization of Energy Hubs and Their Interaction with the Markets and External Networks," Energies, MDPI, vol. 16(10), pages 1-46, May.
    8. Wu, Chun & Chen, Xingying & Hua, Haochen & Yu, Kun & Gan, Lei & Shen, Jun & Ding, Yi, 2024. "Peer-to-peer energy trading optimization for community prosumers considering carbon cap-and-trade," Applied Energy, Elsevier, vol. 358(C).
    9. Chang, Weiguang & Yang, Qiang, 2023. "Low carbon oriented collaborative energy management framework for multi-microgrid aggregated virtual power plant considering electricity trading," Applied Energy, Elsevier, vol. 351(C).
    10. Wang, Haibing & Zhao, Anjie & Khan, Muhammad Qasim & Sun, Weiqing, 2024. "Optimal operation of energy hub considering reward-punishment ladder carbon trading and electrothermal demand coupling," Energy, Elsevier, vol. 286(C).

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