articleIEEE Transactions on Power SystemsJan 9, 2017GREEN OA

Energy-Sharing Model With Price-Based Demand Response for Microgrids of Peer-to-Peer Prosumers

North China Electric Power University · RMIT University · +1 more institution

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Abstract

According to the feed-in tariff for encouraging local consumption of photovoltaic (PV) energy, the energy sharing among neighboring PV prosumers in the microgrid could be more economical than the independent operation of prosumers. For microgrids of peer-to-peer PV prosumers, an energy-sharing model with price-based demand response is proposed. First, a dynamical internal pricing model is formulated for the operation of energy-sharing zone, which is defined based on the supply and demand ratio (SDR) of shared PV energy. Moreover, considering the energy consumption flexibility of prosumers, an equivalent cost model is designed in terms of economic cost and users' willingness. As the internal prices are coupled…

Citation impact

840
total citations
FWCI
43.55
Percentile
100%
References
35
Citations per year

Authors

6

Topics & keywords

Keywords
  • Microgrid
  • Demand response
  • Photovoltaic system
  • Tariff
  • Computer science
  • Flexibility (engineering)
  • Environmental economics
  • Energy consumption
UN Sustainable Development Goals
  • Affordable and clean energy
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