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Title: Peer-to-peer power trading with voltage and congestion management for distribution grids
Authors: Sampath, Lahanda Purage Mohasha Isuru
Paudel, Amrit
Foo, Eddy Yi Shyh 
Nguyen, Hung Dinh 
Gooi, Hoay Beng 
Keywords: Engineering::Electrical and electronic engineering::Electric power
Issue Date: 2021
Source: Sampath, L. P. M. I., Paudel, A., Foo, E. Y. S., Nguyen, H. D. & Gooi, H. B. (2021). Peer-to-peer power trading with voltage and congestion management for distribution grids. 2021 IEEE Power & Energy Society General Meeting (PESGM).
Project: 2018-T1-002-093 
Abstract: In this work, a novel distribution grid level peer-to peer (P2P) power market framework is proposed. The proposed market framework enables the satisfaction of distribution grid constraints such as the voltage limits and transfer capacity limits, for all P2P power transactions between each producer-consumer pair. An Alternating direction method of multipliers (ADMM)- based coordinating algorithm is proposed in which the P2P power trading is facilitated at the first step, and the second step involves ancillary services market clearing considering the grid constraints and the power injections of the P2P participants, in a distributed and interactive manner. The distribution locational marginal prices are iteratively computed in the process so that the costs associated with P2P energy transactions are allocated to the respective producer-consumer pairs. As such, the proposed algorithm enables optimal P2P power trading while supporting optimal voltage and congestion management of the distribution grid. The case studies illustrate the effectiveness of the proposed ADMM-based coordination algorithm.
Rights: © 2021 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
Fulltext Permission: open
Fulltext Availability: With Fulltext
Appears in Collections:EEE Conference Papers

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