Journal article ยท Ahead of Print article
Coalitional Game Based Transactive Energy Management in Local Energy Communities
Zhejiang University of Technology1
Department of Electrical Engineering, Technical University of Denmark2
Center for Electric Power and Energy, Centers, Technical University of Denmark3
Energy System Management, Center for Electric Power and Energy, Centers, Technical University of Denmark4
Illinois Institute of Technology5
Murdoch University6
This paper has focused on transactive energy management in local energy communities and proposes a coalitional game model which considers the presence and utilization of flexible loads and the uncertainties in renewable energy sources. The superadditivi-ty and balancedness of the proposed game model have been proved rigorously by demonstrating that a nucleolus-based solu-tion leads to a stable and fair payoff distribution scheme for all players.
More specifically, the objective function has been proved concave with its analytical expression, derived through an ap-proximated piecewise linear function. The proposed allocation of realized payoffs has then been proved to converge consistently to a nucleolus-based solution. Through numerical analyses, it has been demonstrated that the grand coalition effectively increases the global payoff and the proposed allocation scheme contributes to peak shaving and valley filling in the network's profile.
Language: | English |
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Publisher: | IEEE |
Year: | 2020 |
Pages: | 1729-1740 |
ISSN: | 08858950 and 15580679 |
Types: | Journal article and Ahead of Print article |
DOI: | 10.1109/tpwrs.2019.2957537 |
ORCIDs: | You, Shi , 0000-0002-6838-2602 , 0000-0001-7498-8005 , 0000-0002-8434-0525 and 0000-0002-8994-1688 |
Coalitional game model Energy management Local energy community SDG 7 - Affordable and Clean Energy
Game theory Games Load modeling Numerical models Power generation Resource management Transactive energy approximated piecewise linear function coalitional game-based transactive energy management energy management systems flexible loads game theory load (electric) local energy communities nucleolus-based solution numerical analysis numerical simulations objective function payoff distribution scheme piecewise linear techniques power output uncertainties renewable energy sources