Energy Exchange Strategy for Local Energy Markets with Heterogenous Renewable Sources

Borislava Spasova, Daisuke Kawamoto, Yoshiyasu Takefuji

Research output: Chapter in Book/Report/Conference proceedingConference contribution

3 Citations (Scopus)

Abstract

The study, presented in this paper, aims to show the impact of installation of fuel cells in a local energy market with renewables and batteries. The market is in the form of double auction where a prosumer can submit a bid for future timeslot with a given amount and price for electricity, determined by prosumer?s Exchange Strategy, based on the State of Charge (SoC) of the battery. In addition, each prosumer is also equipped with a priority-based agent for internal power management. The proposed simulation is based on the Open Energy Systems (OES), in which 19 autonomous subsystems are interconnected via a DC power bus. Each subsystem is equipped with batteries, solar panels and AC grid connection. For the simulation purposes, fuel cells are added to the configuration. The preliminary numerical evaluation is based on the results from several simulations with various configurations for the subsystems' power sources.

Original languageEnglish
Title of host publicationProceedings - 2018 IEEE International Conference on Environment and Electrical Engineering and 2018 IEEE Industrial and Commercial Power Systems Europe, EEEIC/I and CPS Europe 2018
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781538651858
DOIs
Publication statusPublished - 2018 Oct 16
Event2018 IEEE International Conference on Environment and Electrical Engineering and 2018 IEEE Industrial and Commercial Power Systems Europe, EEEIC/I and CPS Europe 2018 - Palermo, Italy
Duration: 2018 Jun 122018 Jun 15

Other

Other2018 IEEE International Conference on Environment and Electrical Engineering and 2018 IEEE Industrial and Commercial Power Systems Europe, EEEIC/I and CPS Europe 2018
CountryItaly
CityPalermo
Period18/6/1218/6/15

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Renewable Energy, Sustainability and the Environment
  • Electrical and Electronic Engineering
  • Industrial and Manufacturing Engineering
  • Environmental Engineering
  • Hardware and Architecture

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  • Cite this

    Spasova, B., Kawamoto, D., & Takefuji, Y. (2018). Energy Exchange Strategy for Local Energy Markets with Heterogenous Renewable Sources. In Proceedings - 2018 IEEE International Conference on Environment and Electrical Engineering and 2018 IEEE Industrial and Commercial Power Systems Europe, EEEIC/I and CPS Europe 2018 [8494458] Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/EEEIC.2018.8494458