Conference paper
Prosumer markets: A unified formulation
École normale supérieure de Rennes1
Center for Electric Power and Energy, Centers, Technical University of Denmark2
Energy Analytics and Markets, Center for Electric Power and Energy, Centers, Technical University of Denmark3
Department of Electrical Engineering, Technical University of Denmark4
The increasing share of more proactive actors in the electricity market supports the proposal of novel schemes to accommodate a more decentralized paradigm to power system and electricity market operation. The resulting prosumer markets may be identified as belonging to various classes such as prosumer grid integration, peer-to-peer models and prosumer community groups.
We show here that they all can be modelled within a unified peer-to-peer market model but with different communication structures. Consequently, we profit of this unified formulation to compare these structures in terms of efficiency and convergence speed, as well as by generally looking at the effect of sparsification of those communication structures on market outcomes and convergence speed.
The open-source simulation platform developed for that purpose may be readily used by others to study and analyze prosumer markets.
| Language: | English |
|---|---|
| Publisher: | IEEE |
| Year: | 2019 |
| Pages: | 1-6 |
| Proceedings: | 2019 IEEE Milan PowerTech |
| ISBN: | 1538647222 , 1538647230 , 9781538647226 and 9781538647233 |
| Types: | Conference paper |
| DOI: | 10.1109/PTC.2019.8810474 |
| ORCIDs: | Moret, Fabio and Pinson, P. |
Biological system modeling Electricity supply industry Layout Optimization Organizations Peer-to-peer computing Proposals convergence speed decentralized paradigm different communication structures electricity market operation market outcomes peer-to-peer market model peer-to-peer models power markets power system proactive actors prosumer community groups prosumer grid integration resulting prosumer markets smart power grids unified formulation
