A Multiperiod Consensus-Based Transactive Energy System for Unbalanced Distribution Networks

Date
2021-04-23
Authors
Cheng, Rui
Tesfatsion, Leigh
Tesfatsion, Leigh
Wang, Zhaoyu
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Altmetrics
Authors
Research Projects
Organizational Units
Economics
Organizational Unit
Journal Issue
Series
Department
Economics
Abstract

This study develops a consensus-based transactive energy system design managed by an independent distribution system operator (DSO) for an unbalanced radial distribution network. The network is populated by welfare-maximizing customers with price-sensitive and fixed (non-price-sensitive) demands who make multiple successive power decisions during each real-time operating period OP. The DSO and customers engage in an iterative negotiation process in advance of each OP to determine retail price-to-go sequences for OP that align customer power decisions with network reliability constraints in a manner that respects customer privacy. The convergence properties of a dual decomposition algorithm developed to implement this negotiation process are analytically established. A case study is presented for an unbalanced 123-bus radial distribution network populated by household customers that demonstrates the practical effectiveness of the design.

Comments
Description
Keywords
Citation
DOI
Source
Collections