Community Energy Sharing Market Model Considering Flexible Resources on Demand Side

A two-sided bidding mechanism considering flexible resources on the demand side is proposed for the community energy sharing market, and prosumers and consumers of distributed solar energy are included in the market. It is assumed that the agents formed by all consumers and prosumers have flexible a...

Full description

Saved in:
Bibliographic Details
Main Authors: Xin AI, Limin XU
Format: Article
Language:zho
Published: State Grid Energy Research Institute 2022-06-01
Series:Zhongguo dianli
Subjects:
Online Access:https://www.electricpower.com.cn/CN/10.11930/j.issn.1004-9649.202107019
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850037333432205312
author Xin AI
Limin XU
author_facet Xin AI
Limin XU
author_sort Xin AI
collection DOAJ
description A two-sided bidding mechanism considering flexible resources on the demand side is proposed for the community energy sharing market, and prosumers and consumers of distributed solar energy are included in the market. It is assumed that the agents formed by all consumers and prosumers have flexible aggregated electric vehicles (EVs) and energy storage equipment that can be used in demand response. Firstly, a robust virtual battery (VB) model is used to describe the flexibility of aggregated EVs under price incentives to achieve reliable and economic expansion of energy storage capacity. Then, agents set the optimal charging and discharging plan for the energy storage system in the community energy sharing market to reduce the cost of electricity. After that, the managed prosumers and consumers are applied in the market, and the non-cooperative game is employed by all community consumers and prosumers to calculate the spot price in the two-sided bidding market. An iterative algorithm is presented to clear the market and minimize the uncertainty of power supply and demand. Finally, ten agents in the community are taken as examples to verify the effectiveness of the VB model for describing the flexible resources on the demand side and the community energy sharing market model.
format Article
id doaj-art-7dec9f4898cd4e99be8142489fd7f5b4
institution DOAJ
issn 1004-9649
language zho
publishDate 2022-06-01
publisher State Grid Energy Research Institute
record_format Article
series Zhongguo dianli
spelling doaj-art-7dec9f4898cd4e99be8142489fd7f5b42025-08-20T02:56:54ZzhoState Grid Energy Research InstituteZhongguo dianli1004-96492022-06-01556536410.11930/j.issn.1004-9649.202107019zgdl-55-10-aixinCommunity Energy Sharing Market Model Considering Flexible Resources on Demand SideXin AI0Limin XU1School of Electrical and Electronic Engineering, North China Electric Power University, Beijing 102206, ChinaSchool of Electrical and Electronic Engineering, North China Electric Power University, Beijing 102206, ChinaA two-sided bidding mechanism considering flexible resources on the demand side is proposed for the community energy sharing market, and prosumers and consumers of distributed solar energy are included in the market. It is assumed that the agents formed by all consumers and prosumers have flexible aggregated electric vehicles (EVs) and energy storage equipment that can be used in demand response. Firstly, a robust virtual battery (VB) model is used to describe the flexibility of aggregated EVs under price incentives to achieve reliable and economic expansion of energy storage capacity. Then, agents set the optimal charging and discharging plan for the energy storage system in the community energy sharing market to reduce the cost of electricity. After that, the managed prosumers and consumers are applied in the market, and the non-cooperative game is employed by all community consumers and prosumers to calculate the spot price in the two-sided bidding market. An iterative algorithm is presented to clear the market and minimize the uncertainty of power supply and demand. Finally, ten agents in the community are taken as examples to verify the effectiveness of the VB model for describing the flexible resources on the demand side and the community energy sharing market model.https://www.electricpower.com.cn/CN/10.11930/j.issn.1004-9649.202107019flexible resources on the demand siderobust virtual batterycommunity energy sharing marketnon-cooperative gametwo-sided bidding
spellingShingle Xin AI
Limin XU
Community Energy Sharing Market Model Considering Flexible Resources on Demand Side
Zhongguo dianli
flexible resources on the demand side
robust virtual battery
community energy sharing market
non-cooperative game
two-sided bidding
title Community Energy Sharing Market Model Considering Flexible Resources on Demand Side
title_full Community Energy Sharing Market Model Considering Flexible Resources on Demand Side
title_fullStr Community Energy Sharing Market Model Considering Flexible Resources on Demand Side
title_full_unstemmed Community Energy Sharing Market Model Considering Flexible Resources on Demand Side
title_short Community Energy Sharing Market Model Considering Flexible Resources on Demand Side
title_sort community energy sharing market model considering flexible resources on demand side
topic flexible resources on the demand side
robust virtual battery
community energy sharing market
non-cooperative game
two-sided bidding
url https://www.electricpower.com.cn/CN/10.11930/j.issn.1004-9649.202107019
work_keys_str_mv AT xinai communityenergysharingmarketmodelconsideringflexibleresourcesondemandside
AT liminxu communityenergysharingmarketmodelconsideringflexibleresourcesondemandside