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• W4385466504 abstract "The increasing penetration of emerging renewable energies plays an undeniable and important role in the development of power systems, and the world is rapidly moving towards decarbonization, which causes great challenges for the real-time balance between electricity supply, demand, distribution system operator (DSO), and the transmission system operator (TSO). Peer-to-peer (P2P) energy trading through market-based transactions has potential value and implementation as a paradigm shift in the operation of power systems to reduce customer costs so that peers can generate their own energy from renewable or conventional energy sources and transfer energy to other peers. This is an innovative approach to managing the widespread penetration of renewable and distributed energy sources in local microgrids. Also, this market creates a large-scale capacity for the development of new technologies, such as shared battery energy storage systems (SBESS). In this study, an integrated center that includes several battery units called central shared battery energy storage (CSBES) is considered. This unit has a very large capacity to store and discharge energy at a certain time. CSBESS also shares its capacity with customers in the P2P market. The alternating direction method of multipliers (ADMM) has been used to model the optimization of the P2P energy trading market in a decentralized manner. Peers can maximize their level of social welfare by participating in the P2P market and using SBES to reduce their costs by charging and discharging during off-peak and peak consumption times." @default.
• W4385466504 created "2023-08-02" @default.
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• W4385466504 date "2023-01-01" @default.
• W4385466504 modified "2023-09-23" @default.
• W4385466504 title "P2P Energy Trading in a Community of Individual Consumers with the Presence of Central Shared Battery Energy Storage" @default.
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• W4385466504 doi "https://doi.org/10.1007/978-3-031-35233-1_7" @default.
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