An Asynchronous Peer-to-Peer Energy Trading among Heterogeneous Low-Carbon Building Prosumers
Low-carbon buildings (LCBs) are normally equipped with distributed energy resources (DERs), thereby creating LCB prosumers with capacities for energy production and consumption. Peer-to-Peer (P2P) energy trading among LCB prosumers could bring higher economic benefits for themselves. To fully harnes...
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| Published in: | IEEE Power & Energy Society General Meeting pp. 1 - 5 |
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| Main Authors: | , , , , , , , |
| Format: | Conference Proceeding |
| Language: | English |
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IEEE
21.07.2024
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| ISSN: | 1944-9933 |
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| Abstract | Low-carbon buildings (LCBs) are normally equipped with distributed energy resources (DERs), thereby creating LCB prosumers with capacities for energy production and consumption. Peer-to-Peer (P2P) energy trading among LCB prosumers could bring higher economic benefits for themselves. To fully harness the potential benefits of LCBs in P2P energy trading, an asynchronous P2P energy trading method among heterogeneous LCB prosumers is proposed in this paper. The flexibility of heating loads of LCBs is fully exploited to benefit LCB prosumers in P2P energy trading by using the thermal dynamics of LCBs. Additionally, each LCB prosumer is heterogeneous in terms of the energy resources configuration and communication network infrastructure, which causes the heavy computation and communication burden using the traditional solution method. To improve the computational efficiency, an asynchronous distributed algorithm based on alternating direction method of multipliers (ADMM) is introduced to enable each LCB prosumer to trade energy asynchronously with no need to wait for the trading information from other LCB prosumers with poor communication network infrastructure. This asynchronous procedure significantly reduces the computation time of P2P energy trading. Simulation results verify the effectiveness of the proposed method and the feasibility of the proposed algorithm. |
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| AbstractList | Low-carbon buildings (LCBs) are normally equipped with distributed energy resources (DERs), thereby creating LCB prosumers with capacities for energy production and consumption. Peer-to-Peer (P2P) energy trading among LCB prosumers could bring higher economic benefits for themselves. To fully harness the potential benefits of LCBs in P2P energy trading, an asynchronous P2P energy trading method among heterogeneous LCB prosumers is proposed in this paper. The flexibility of heating loads of LCBs is fully exploited to benefit LCB prosumers in P2P energy trading by using the thermal dynamics of LCBs. Additionally, each LCB prosumer is heterogeneous in terms of the energy resources configuration and communication network infrastructure, which causes the heavy computation and communication burden using the traditional solution method. To improve the computational efficiency, an asynchronous distributed algorithm based on alternating direction method of multipliers (ADMM) is introduced to enable each LCB prosumer to trade energy asynchronously with no need to wait for the trading information from other LCB prosumers with poor communication network infrastructure. This asynchronous procedure significantly reduces the computation time of P2P energy trading. Simulation results verify the effectiveness of the proposed method and the feasibility of the proposed algorithm. |
| Author | Yu, Xiaodan Liang, Shuo Jin, Xiaolong Tang, Wanxin Mu, Yunfei Wei, Wei Wang, Xiaoyu Jia, Hongjie |
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| Snippet | Low-carbon buildings (LCBs) are normally equipped with distributed energy resources (DERs), thereby creating LCB prosumers with capacities for energy... |
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| SubjectTerms | ADMM asynchronous distributed algorithm Buildings Communication networks Computational efficiency Convex functions Distributed algorithms Economics heterogenous LCB prosumers low-carbon buildings P2P energy trading Peer-to-peer computing Simulation Thermal loading Water heating |
| Title | An Asynchronous Peer-to-Peer Energy Trading among Heterogeneous Low-Carbon Building Prosumers |
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