Overview on Transactive Energy—Advantages and Challenges for Weak Power Grids

This document lists some challenges that researchers face when implementing transactive energy in weak power grids. These challenges often include high voltage fluctuations, limited generation, high line loadability, and unbalanced grids. The operation of transactive energy, as well as optimization...

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Bibliographic Details
Published in:Energies (Basel) 2023-06, Vol.16 (12), p.4607
Main Authors: Garcia, Yuly V., Garzon, Oscar, Delgado, Carlos J., Diaz, Jan L., Penagos, Cesar A. Vega, Andrade, Fabio, Luna, Adriana C., Hernandez, J. C.
Format: Article
Language:English
Subjects:
Alternative energy
Clearing
Communication
Community
Electricity
Electricity distribution
Energy & Fuels
Energy industry
Energy resources
High voltage
Interoperability
markets topologies
Mathematical optimization
Optimization
Optimization techniques
POWER TRANSMISSION AND DISTRIBUTION
Product information
Renewable resources
Smart grid technology
SOLAR ENERGY
Supply & demand
Topology
transactive energy
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Summary:This document lists some challenges that researchers face when implementing transactive energy in weak power grids. These challenges often include high voltage fluctuations, limited generation, high line loadability, and unbalanced grids. The operation of transactive energy, as well as optimization techniques, are also considered, highlighting the performance and functionalities depending on power grid characteristics and market topology. Some of the most used optimization techniques for market clearing, considering the characteristics and topology, are presented as part of the research work.In addition, this paper compares different market topologies and highlights their advantages and challenges. Furthermore, this paper contains a brief description of the interoperability frameworks applied to a smart grid.As a result, it was determined that interoperability is necessary for the proper functioning of the grid. Moreover, all methods were found to be effective for their purpose from the user’s point of view as each technique has different characteristics relevant to the user and the grid. It was concluded that it is convenient to combine the optimization techniques to consider different constraints in the market clearing.
ISSN:1996-1073
1996-1073
DOI:10.3390/en16124607