An optimal distributed transactive energy sharing approach for residential microgrids

M. N. Akter, M. A. Mahmud, Amanullah M.T. Oo

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

16 Citations (Scopus)

Abstract

This paper presents an optimal distributed approach for transactive energy sharing in residential microgrids. A mixed-integer linear programming (MILP) problem is formulated to optimize energy sharing tasks of different types of residential houses along with the reduction in total operational costs as well as optimal charging and discharging of energy storages. In this paper, the energy sharing problem is first formulated as a centralized optimization problem and then decomposed into one master problem and two sub-problems in order to reduce the computational burden and avoid sharing private information of customers. The proposed distributed energy sharing framework based on the MILP is evaluated on a residential microgrid in terms of analyzing energy utilization (both renewable energy sources and energy storages) and cost-benefits while the computational efficiency is evaluated through the convergence speed. Analytical results clearly reflect the effectiveness and efficiency of the proposed optimal distributed energy sharing framework.

Original languageEnglish
Title of host publication2017 IEEE Power and Energy Society General Meeting, PESGM 2017
Place of PublicationPiscataway, NJ
PublisherIEEE
Number of pages5
ISBN (Electronic)9781538622124
DOIs
Publication statusPublished - 20 Jul 2017
Externally publishedYes
Event2017 IEEE Power and Energy Society General Meeting, PESGM 2017 - Chicago, United States
Duration: 16 Jul 201720 Jul 2017

Publication series

NameIEEE Power and Energy Society General Meeting
Volume2018-January
ISSN (Print)1944-9925
ISSN (Electronic)1944-9933

Conference

Conference2017 IEEE Power and Energy Society General Meeting, PESGM 2017
Country/TerritoryUnited States
CityChicago
Period16/07/1720/07/17

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