NDLI: Autonomous energy community based on energy contract

Content Provider	IET Digital Library
Author	Wang, Yahui Wu, Xiaorui Li, Yong Yan, Ruifeng Tan, Yi Qiao, Xuebo Cao, Yijia
Abstract	To effectively coordinate the distributed energy resources calls for reasonable energy management methods. Nowadays, there are a great number of studies about home energy management systems (HEMSs) and centralised control. However, the former has the problem of producing new peaks and valley when incentives are applied, and the latter only focuses on overall economic benefits and ignores individual preferences. Therefore, the authors take an emerging decentralised solution, i.e. peer-to-peer (P2P) energy sharing mechanism, into consideration and then propose an autonomous energy community model. In this P2P autonomous energy community, participants form an alliance and can trade energy with each other to maximisation individual benefit without a central controller. To allocate profit fairly among members, an energy contract based on Shapley values is proposed. Modelling of participants, implementation of energy contract and operation principle of community is presented in this study. Finally, case studies are conducted with the comparison of the model where households apply HEMS independently. The results show that the proposed model yields reduction in electricity cost and it is also friendly to the power grid with lower energy fluctuation compared with the counterpart.
Starting Page	682
Ending Page	689
Page Count	8
ISSN	17518687
Volume Number	14
e-ISSN	17518695
Issue Number	Issue 4, Feb (2020)
Alternate Webpage(s)	https://digital-library.theiet.org/content/journals/iet-gtd/14/4
Alternate Webpage(s)	https://digital-library.theiet.org/content/journals/10.1049/iet-gtd.2019.1223
Journal	IET Generation, Transmission & Distribution
Publisher Date	2019-11-15
Access Restriction	Open
Rights Holder	© The Institution of Engineering and Technology
Subject Keyword	Autonomous Energy Community Model Building Management System Contracts Distributed Energy Resources Distributed Power Generation Energy Contract Energy Management System Energy ReSource Game Theory Home Energy Management System Lower Energy Fluctuation Multi-agent System Optimisation Peer-to-peer Computing Peer-to-peer Energy Sharing Mechanism Power Grid Power System Economics Power System Managemen Power System Operation Probability Theory Profitability Reasonable Energy Management Method Statistics Stochastic Linearised SCUC
Content Type	Text
Resource Type	Article
Subject	Control and Systems Engineering Energy Engineering and Power Technology Electrical and Electronic Engineering

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
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