Impact of P2P trading on distributed generation curtailment in constrained distribution networks

Mark Jenkins; Ivana Kockar

Impact of P2P trading on distributed generation curtailment in constrained distribution networks

Research output: Contribution to conference › Paper › peer-review

Abstract

The increasing uptake of Distributed Energy Resources and advancement in blockchain technology has led to the growth in interest in the peer-to-peer (P2P) based energy trading. However, there has been a lack of consideration how these trades may affect the network operation, in particular in networks that apply Active Network Management using Last-in-First-out (LIFO) access rules, such as in the UK. This paper presents a novel application of Optimal Power Flow that manages the P2P trading whilst optimising legacy DGs under a LIFO access agreement. Analysis show that under such arrangements, and in combination with autonomous P2P trading, lower priority DGs are vulnerable to excessive curtailment levels.

Original language	English
Number of pages	8
Publication status	Published - 3 Jul 2020
Event	21st Power Systems Computational Conference - Porto, Portugal Duration: 29 Jun 2020 → 3 Jul 2020 https://pscc2020.pt/

Conference

Conference	21st Power Systems Computational Conference
Country/Territory	Portugal
City	Porto
Period	29/06/20 → 3/07/20
Internet address	https://pscc2020.pt/

Keywords

peer-to-peer trading
bilateral contracts
curtailment
distributed energy resources
optimal power flow

Cite this

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title = "Impact of P2P trading on distributed generation curtailment in constrained distribution networks",

abstract = "The increasing uptake of Distributed Energy Resources and advancement in blockchain technology has led to the growth in interest in the peer-to-peer (P2P) based energy trading. However, there has been a lack of consideration how these trades may affect the network operation, in particular in networks that apply Active Network Management using Last-in-First-out (LIFO) access rules, such as in the UK. This paper presents a novel application of Optimal Power Flow that manages the P2P trading whilst optimising legacy DGs under a LIFO access agreement. Analysis show that under such arrangements, and in combination with autonomous P2P trading, lower priority DGs are vulnerable to excessive curtailment levels.",

keywords = "peer-to-peer trading, bilateral contracts, curtailment, distributed energy resources, optimal power flow",

author = "Mark Jenkins and Ivana Kockar",

year = "2020",

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day = "3",

language = "English",

note = "21st Power Systems Computational Conference ; Conference date: 29-06-2020 Through 03-07-2020",

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TY - CONF

T1 - Impact of P2P trading on distributed generation curtailment in constrained distribution networks

AU - Jenkins, Mark

AU - Kockar, Ivana

PY - 2020/7/3

Y1 - 2020/7/3

N2 - The increasing uptake of Distributed Energy Resources and advancement in blockchain technology has led to the growth in interest in the peer-to-peer (P2P) based energy trading. However, there has been a lack of consideration how these trades may affect the network operation, in particular in networks that apply Active Network Management using Last-in-First-out (LIFO) access rules, such as in the UK. This paper presents a novel application of Optimal Power Flow that manages the P2P trading whilst optimising legacy DGs under a LIFO access agreement. Analysis show that under such arrangements, and in combination with autonomous P2P trading, lower priority DGs are vulnerable to excessive curtailment levels.

AB - The increasing uptake of Distributed Energy Resources and advancement in blockchain technology has led to the growth in interest in the peer-to-peer (P2P) based energy trading. However, there has been a lack of consideration how these trades may affect the network operation, in particular in networks that apply Active Network Management using Last-in-First-out (LIFO) access rules, such as in the UK. This paper presents a novel application of Optimal Power Flow that manages the P2P trading whilst optimising legacy DGs under a LIFO access agreement. Analysis show that under such arrangements, and in combination with autonomous P2P trading, lower priority DGs are vulnerable to excessive curtailment levels.

KW - peer-to-peer trading

KW - bilateral contracts

KW - curtailment

KW - distributed energy resources

KW - optimal power flow

UR - https://pscc2020.pt/

M3 - Paper

T2 - 21st Power Systems Computational Conference

Y2 - 29 June 2020 through 3 July 2020

ER -

Impact of P2P trading on distributed generation curtailment in constrained distribution networks

Abstract

Conference

Keywords

Other files and links

Fingerprint

EPSRC Centre for Doctoral Training in Future Power Networks and Smart Grids | Jenkins, Mark

Cite this

Impact of P2P trading on distributed generation curtailment in constrained distribution networks

Abstract

Conference

Keywords

Other files and links

Fingerprint

Projects

EPSRC Centre for Doctoral Training in Future Power Networks and Smart Grids | Jenkins, Mark

Cite this