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A Voltage-Aware P2P Power Trading System Aimed at Eliminating Unfairness Due to the Interconnection Location

Author

Listed:
  • Satoshi Takayama

    (Department of Electrical and Electronic Systems Engineering, Osaka Metropolitan University, Sakai City 599-8531, Japan)

  • Atsushi Ishigame

    (Department of Electrical and Electronic Systems Engineering, Osaka Metropolitan University, Sakai City 599-8531, Japan)

Abstract

P2P power trading is necessary for efficiently using consumer electricity not subject to FIT. However, the execution rules for P2P power trading do not include restrictions on voltage, and there is a trade-off between the activation of the P2P power trading market through the mass introduction of PV and the optimization of the voltage of the power distribution system. In addition, there is a tendency for output curtailment to be biased toward consumers connected to the end of the grid. Since consumers cannot choose the interconnection location, there are concerns about unfairness. In this study, we investigate a new P2P model that includes voltage constraints for the execution rules of P2P power trading to avoid voltage deviation while ensuring benefits and fairness for the participants. In the proposed model, to increase the incentive to participate in the P2P power trading market, we consider compensating consumers who receive output curtailment signals due to voltage constraints. In addition, the profit is secured by differentiating the compensation cost unit price depending on the contract’s availability. A case study was conducted on this model using the IEEE 33 bus system. The results show that the proposed model is superior.

Suggested Citation

  • Satoshi Takayama & Atsushi Ishigame, 2024. "A Voltage-Aware P2P Power Trading System Aimed at Eliminating Unfairness Due to the Interconnection Location," Energies, MDPI, vol. 17(4), pages 1-16, February.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:4:p:841-:d:1337029
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    References listed on IDEAS

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    1. Mousa Mohammed Khubrani & Shadab Alam, 2023. "Blockchain-Based Microgrid for Safe and Reliable Power Generation and Distribution: A Case Study of Saudi Arabia," Energies, MDPI, vol. 16(16), pages 1-34, August.
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