Coalition Formation of Microgrids with Distributed Energy Resources and Energy Storage in Energy Market

Valinejad, Jaber, Marzband, Mousa, Korkali, Mert, Xu, Yijun and Saad Al-Sumaiti, Ameena (2020) Coalition Formation of Microgrids with Distributed Energy Resources and Energy Storage in Energy Market. Journal of Modern Power Systems and Clean Energy, 8 (5). pp. 906-918. ISSN 2196-5625

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Power grids include entities such as home-microgrids (H-MGs), consumers, and retailers, each of which has a unique and sometimes contradictory objective compared with others while exchanging electricity and heat with other H-MGs. Therefore, there is the need for a smart structure to handle the new situation. This paper proposes a bilevel hierarchical structure for designing and planning distributed energy resources (DERs) and energy storage in H-MGs by considering the demand response (DR). In general, the upper-level structure is based on H-MG generation competition to maximize their individual and/or group income in the process of forming a coalition with other H-MGs. The upper-level problem is decomposed into a set of low-level market clearing problems. Both electricity and heat markets are simultaneously modeled in this paper. DERs, including wind turbines (WTs), combined heat and power (CHP) systems, electric boilers (EBs), electric heat pumps (EHPs), and electric energy storage systems, participate in the electricity markets. In addition, CHP systems, gas boilers (GBs), EBs, EHPs, solar thermal panels, and thermal energy storage systems participate in the heat market. Results show that the formation of a coalition among H-MGs present in one grid will not only have a significant effect on programming and regulating the value of the power generated by the generation resources, but also impact the demand consumption and behavior of consumers participating in the DR program with a cheaper market clearing price.

Item Type: Article
Uncontrolled Keywords: Microgrids, distributed energy resource (DER),electricity market, heat market, demand response (DR), coalition formation, energy storage
Subjects: H600 Electronic and Electrical Engineering
H800 Chemical, Process and Energy Engineering
Department: Faculties > Engineering and Environment > Mathematics, Physics and Electrical Engineering
Depositing User: John Coen
Date Deposited: 02 Oct 2020 08:28
Last Modified: 31 Jul 2021 12:51

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