• Title/Summary/Keyword: Direct electricity purchase

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A Congestion Management Approach Using Probabilistic Power Flow Considering Direct Electricity Purchase

  • Wang, Xu;Jiang, Chuan-Wen
    • Journal of Electrical Engineering and Technology
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    • v.10 no.3
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    • pp.820-831
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    • 2015
  • In a deregulated electricity market, congestion of the transmission lines is a major problem the independent system operator (ISO) would face. Rescheduling of generators is one of the most practiced techniques to alleviate the congestion. However, not all generators in the system operate deterministically and independently, especially wind power generators (WTGs). Therefore, a novel optimal rescheduling model for congestion management that accounts for the uncertain and correlated power sources and loads is proposed. A probabilistic power flow (PPF) model based on 2m+1 point estimate method (PEM) is used to simulate the performance of uncertain and correlated input random variables. In addition, the impact of direct electricity purchase contracts on the congestion management has also been studied. This paper uses artificial bee colony (ABC) algorithm to solve the complex optimization problem. The proposed algorithm is tested on modified IEEE 30-bus system and IEEE 57-bus system to demonstrate the impacts of the uncertainties and correlations of the input random variables and the direct electricity purchase contracts on the congestion management. Both pool and nodal pricing model are also discussed.

A Study on the M2M Energy Trading System Using Proof of Location Blockchain Network (위치증명기반 블록체인 네트워크를 활용한 사물 간 에너지 직거래 시스템에 관한 연구)

  • Kim, Young-Gon;Heo, Keol;Choi, Jung-In
    • Journal of Energy Engineering
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    • v.29 no.3
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    • pp.86-90
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    • 2020
  • This paper examines a blockchain network-based transaction system using location proofing in power direct transactions between networked energy clouds, energy communities, and prosumer machines participating in smart cities. It utilizes location-based blockchain network technology, which enables long-distance travel with recharging by power purchases during autonomous movements, autonomous electric vehicles that can purchase and sell electricity, and solar street lights that can be produced and sold in fixed form. In addition, it is possible to provide optimum power transaction matching and settlement reliability between machines without human intervention in power transactions between electric chargers. It also introduces a business-to-object business model between autonomous machines that exist in multiple and different spaces and through energy clouds that are expected to be scattered with various transaction prices, policies, and incentives.