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Demand-side energy sharing mechanism with residential energy storage in active distribution networks

With the widespread adoption of distributed new energy and residential energy storage (RES), demand-side users in active distribution networks (ADNs) are transitioning from traditional consumers to prosumers. The flexible resources of demand-side prosumers require an appropriate trading mechanism to...

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Bibliographic Details
Published in:Journal of physics. Conference series 2024-08, Vol.2814 (1), p.12048
Main Authors: Jin, Panlong, Zhou, Zongchuan, Che, Bin, Feng, Xue, Wang, Zhiyuan, Li, Tengmu
Format: Article
Language:English
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Summary:With the widespread adoption of distributed new energy and residential energy storage (RES), demand-side users in active distribution networks (ADNs) are transitioning from traditional consumers to prosumers. The flexible resources of demand-side prosumers require an appropriate trading mechanism to achieve optimal resource allocation. A demand-side energy sharing mechanism based on residential energy storage is proposed. Firstly, a trading decision model for prosumer units is established by integrating the charge-discharge utility of RES devices with production-consumption characteristics. Then, a decentralized social welfare maximization energy sharing problem for ADNs is constructed using the Alternating Minimization Algorithm (AMA). Furthermore, a 10-node active distribution network is analyzed as an example. The proposed mechanism can maximize social welfare and increase the adaptation level of new energy from 64.58% to 66.83%.
ISSN:1742-6588
1742-6596
DOI:10.1088/1742-6596/2814/1/012048