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

Author

Listed:
  • Yuly V. Garcia

    (Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA
    These authors contributed equally to this work.)

  • Oscar Garzon

    (Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA
    These authors contributed equally to this work.)

  • Carlos J. Delgado

    (Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA
    These authors contributed equally to this work.)

  • Jan L. Diaz

    (Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA
    These authors contributed equally to this work.)

  • Cesar A. Vega Penagos

    (Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA
    These authors contributed equally to this work.)

  • Fabio Andrade

    (Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA
    These authors contributed equally to this work.)

  • Adriana C. Luna

    (Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA
    These authors contributed equally to this work.)

  • J. C. Hernandez

    (Department of Electrical Engineering, University of Jaén, Campus Lagunillas s/n, Edificio A3, 23071 Jaén, Spain
    These authors contributed equally to this work.)

Abstract

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.

Suggested Citation

  • Yuly V. Garcia & Oscar Garzon & Carlos J. Delgado & Jan L. Diaz & Cesar A. Vega Penagos & Fabio Andrade & Adriana C. Luna & J. C. Hernandez, 2023. "Overview on Transactive Energy—Advantages and Challenges for Weak Power Grids," Energies, MDPI, vol. 16(12), pages 1-19, June.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:12:p:4607-:d:1167485
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    References listed on IDEAS

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    Cited by:

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    2. Daniel Sousa-Dias & Daniel Amyot & Ashkan Rahimi-Kian & Masoud Bashari & John Mylopoulos, 2024. "Cyclic Homomorphic Encryption Aggregation (CHEA)—A Novel Approach to Data Aggregation in the Smart Grid," Energies, MDPI, vol. 17(4), pages 1-20, February.
    3. Laura Wangen & Cédric Clastres, 2024. "Economic Trades in Energy Communities and Optimal Allocation," Post-Print hal-04632076, HAL.

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