Research Article

Design and implementation of a peer-to-peer energy trading scheme in multi-microgrid network with photovoltaics and wind energy

Volume: 7 Number: 2 June 30, 2023
EN

Design and implementation of a peer-to-peer energy trading scheme in multi-microgrid network with photovoltaics and wind energy

Abstract

Expected widespread deployment of Peer-to-Peer energy transactions through affective utilization of Renewable Energy Sources require efficient energy transaction mechanism among the microgrids. We propose a scheme to establish peer-to-peer energy trading in multi-microgrid network by considering photovoltaic and wind energy systems. The research objectives are to minimize overall cost of all microgrids in multi-microgrid network and minimize the loading on centralized power network. Various parameters of photovoltaics and wind energy systems are modeled to explore their impact on P2P energy trading. Energy Management Unit establishes the smart contracts among microgrids, manages power transactions and calculates the cost based on dynamic pricing scheme in the multi-microgrid network. Two different cases are considered with respect to the types of power transaction among the microgrids in the multi-microgrid network and main grid. The effectiveness of the proposed scheme is validated by implementing on local small-scale power distribution system.

Keywords

References

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Details

Primary Language

English

Subjects

Electrical Engineering

Journal Section

Research Article

Early Pub Date

June 21, 2023

Publication Date

June 30, 2023

Submission Date

December 30, 2021

Acceptance Date

April 3, 2023

Published in Issue

Year 2023 Volume: 7 Number: 2

APA
Ehjaz, M., Iqbal, M., Zaidi, S. S. H., & Khan, B. (2023). Design and implementation of a peer-to-peer energy trading scheme in multi-microgrid network with photovoltaics and wind energy. Journal of Energy Systems, 7(2), 158-172. https://doi.org/10.30521/jes.1042333
AMA
1.Ehjaz M, Iqbal M, Zaidi SSH, Khan B. Design and implementation of a peer-to-peer energy trading scheme in multi-microgrid network with photovoltaics and wind energy. Journal of Energy Systems. 2023;7(2):158-172. doi:10.30521/jes.1042333
Chicago
Ehjaz, Muhammad, Muhammad Iqbal, Syed Sajjad Haider Zaidi, and Bilal Khan. 2023. “Design and Implementation of a Peer-to-Peer Energy Trading Scheme in Multi-Microgrid Network With Photovoltaics and Wind Energy”. Journal of Energy Systems 7 (2): 158-72. https://doi.org/10.30521/jes.1042333.
EndNote
Ehjaz M, Iqbal M, Zaidi SSH, Khan B (June 1, 2023) Design and implementation of a peer-to-peer energy trading scheme in multi-microgrid network with photovoltaics and wind energy. Journal of Energy Systems 7 2 158–172.
IEEE
[1]M. Ehjaz, M. Iqbal, S. S. H. Zaidi, and B. Khan, “Design and implementation of a peer-to-peer energy trading scheme in multi-microgrid network with photovoltaics and wind energy”, Journal of Energy Systems, vol. 7, no. 2, pp. 158–172, June 2023, doi: 10.30521/jes.1042333.
ISNAD
Ehjaz, Muhammad - Iqbal, Muhammad - Zaidi, Syed Sajjad Haider - Khan, Bilal. “Design and Implementation of a Peer-to-Peer Energy Trading Scheme in Multi-Microgrid Network With Photovoltaics and Wind Energy”. Journal of Energy Systems 7/2 (June 1, 2023): 158-172. https://doi.org/10.30521/jes.1042333.
JAMA
1.Ehjaz M, Iqbal M, Zaidi SSH, Khan B. Design and implementation of a peer-to-peer energy trading scheme in multi-microgrid network with photovoltaics and wind energy. Journal of Energy Systems. 2023;7:158–172.
MLA
Ehjaz, Muhammad, et al. “Design and Implementation of a Peer-to-Peer Energy Trading Scheme in Multi-Microgrid Network With Photovoltaics and Wind Energy”. Journal of Energy Systems, vol. 7, no. 2, June 2023, pp. 158-72, doi:10.30521/jes.1042333.
Vancouver
1.Muhammad Ehjaz, Muhammad Iqbal, Syed Sajjad Haider Zaidi, Bilal Khan. Design and implementation of a peer-to-peer energy trading scheme in multi-microgrid network with photovoltaics and wind energy. Journal of Energy Systems. 2023 Jun. 1;7(2):158-72. doi:10.30521/jes.1042333

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