Distributed P2P Energy Trading System Using Matching Mechanism

Loading...
Thumbnail Image
Paper number
0403
Working Group Number
Conference name
CIRED 2018 Ljubljana Workshop
Conference date
7 - 8 June 2018
Conference location
Ljubljana, Slovenia
Peer-reviewed
Yes
Short title
Convener
Authors
Takeda, Yasuhiro, The University of Tokyo, Japan
Fukushima, Shin, The University of Tokyo, Japan
Tanaka, Kenji, The University of Tokyo, Japan
Abstract
In this research, we propose a new decentralized power distribution system. Producers and the consumers are connected bi-directionally with a power line and are able to trade electric power in real time. For this, they submit bids freely based on personal preferences to spot markets. In this paper, we not only conceptually design the power distribution system, but also simulate the system for a given case study. We could confirm the behavior of the market by reproducing the bidding strategies and the power transactions of the system. We show that trading can significantly reduce curtailment of solar energy, especially if batteries are included.
Table of content
Keywords
Publisher
AIM
Date
2018-06-07
Permanent link to this record
https://www.cired-repository.org/handle/20.500.12455/1108
http://dx.doi.org/10.34890/122
ISSN
2032-9628
ISBN
978-2-9602415-1-8