A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia

Peer-to-peer (P2P) energy trading is expected to be emerged as a new energy management paradigm that allows the transaction of energy from one prosumer to another prosumer without any dependency on a central controller. In Malaysia, first pilot test of P2P trading has been conducted recently, which...

Full description

Saved in:
Bibliographic Details
Main Authors: Yap, Y. H., Tan, W. S., Wong, J., Ahmad, N. A., Wooi, C. L., Wu, Y. K., Ariffin, A. A.
Format: Article
Language:English
Published: John Wiley and Sons Inc 2021
Subjects:
Online Access:http://eprints.utm.my/id/eprint/95578/1/NoorAzlindaAhmad2021_ATwoStageMultiMicrogridsP2PEnergy.pdf
http://eprints.utm.my/id/eprint/95578/
http://dx.doi.org/10.1049/rpg2.12205
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.utm.95578
record_format eprints
spelling my.utm.955782022-05-31T12:46:44Z http://eprints.utm.my/id/eprint/95578/ A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia Yap, Y. H. Tan, W. S. Wong, J. Ahmad, N. A. Wooi, C. L. Wu, Y. K. Ariffin, A. A. TK Electrical engineering. Electronics Nuclear engineering Peer-to-peer (P2P) energy trading is expected to be emerged as a new energy management paradigm that allows the transaction of energy from one prosumer to another prosumer without any dependency on a central controller. In Malaysia, first pilot test of P2P trading has been conducted recently, which exclusively participated by industrial prosumers and commercial consumers only. In order to investigate the impact of P2P energy trading to Malaysia market, this paper proposes an auction-based two-stage P2P trading market-clearing strategy, for multi-cities and intra-city in Malaysia. A motivational game theory-based price scheme is presented to ensure an unbiased market operation, to maximize the saving and payoff for each prosumer, at the same time benefits the power utility company. The proposed two-stage market clearing model is solved by Linear Programming optimization approach. A realistic representation of P2P trading in Malaysia is constructed and tested out under multi-cities and intra-city energy trading test cases. Comparison between the proposed P2P energy trading with existing solar generation net metering scheme is also presented. The numerical results indicate the viability and potential of motivational game theory based P2P trading in future Malaysia transactive energy mark John Wiley and Sons Inc 2021 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/95578/1/NoorAzlindaAhmad2021_ATwoStageMultiMicrogridsP2PEnergy.pdf Yap, Y. H. and Tan, W. S. and Wong, J. and Ahmad, N. A. and Wooi, C. L. and Wu, Y. K. and Ariffin, A. A. (2021) A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia. IET Renewable Power Generation, 15 (12). pp. 2615-2628. ISSN 1752-1416 http://dx.doi.org/10.1049/rpg2.12205 DOI: 10.1049/rpg2.12205
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic TK Electrical engineering. Electronics Nuclear engineering
spellingShingle TK Electrical engineering. Electronics Nuclear engineering
Yap, Y. H.
Tan, W. S.
Wong, J.
Ahmad, N. A.
Wooi, C. L.
Wu, Y. K.
Ariffin, A. A.
A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia
description Peer-to-peer (P2P) energy trading is expected to be emerged as a new energy management paradigm that allows the transaction of energy from one prosumer to another prosumer without any dependency on a central controller. In Malaysia, first pilot test of P2P trading has been conducted recently, which exclusively participated by industrial prosumers and commercial consumers only. In order to investigate the impact of P2P energy trading to Malaysia market, this paper proposes an auction-based two-stage P2P trading market-clearing strategy, for multi-cities and intra-city in Malaysia. A motivational game theory-based price scheme is presented to ensure an unbiased market operation, to maximize the saving and payoff for each prosumer, at the same time benefits the power utility company. The proposed two-stage market clearing model is solved by Linear Programming optimization approach. A realistic representation of P2P trading in Malaysia is constructed and tested out under multi-cities and intra-city energy trading test cases. Comparison between the proposed P2P energy trading with existing solar generation net metering scheme is also presented. The numerical results indicate the viability and potential of motivational game theory based P2P trading in future Malaysia transactive energy mark
format Article
author Yap, Y. H.
Tan, W. S.
Wong, J.
Ahmad, N. A.
Wooi, C. L.
Wu, Y. K.
Ariffin, A. A.
author_facet Yap, Y. H.
Tan, W. S.
Wong, J.
Ahmad, N. A.
Wooi, C. L.
Wu, Y. K.
Ariffin, A. A.
author_sort Yap, Y. H.
title A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia
title_short A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia
title_full A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia
title_fullStr A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia
title_full_unstemmed A two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in Malaysia
title_sort two-stage multi microgrids p2p energy trading with motivational game-theory: a case study in malaysia
publisher John Wiley and Sons Inc
publishDate 2021
url http://eprints.utm.my/id/eprint/95578/1/NoorAzlindaAhmad2021_ATwoStageMultiMicrogridsP2PEnergy.pdf
http://eprints.utm.my/id/eprint/95578/
http://dx.doi.org/10.1049/rpg2.12205
_version_ 1735386821539397632
score 13.214268