Combinatorial double auctions for multiple microgrid trading

Title
Combinatorial double auctions for multiple microgrid trading
Author
홍승호
Keywords
Combinatorial double auction; Electricity market; Energy trading; Evolutionary algorithms; Microgrid; Smart grid
Issue Date
2018-06
Publisher
SPRINGER
Citation
ELECTRICAL ENGINEERING, v. 100, No. 2, Page. 1069-1083
Abstract
This paper presents an auction mechanism for energy trading between multiple microgrids. We consider a region consisting of multiple interconnected microgrids wherein given time t, some microgrids have excessive energy that they wish to sell, whereas other microgrids desire to buy additional energy to meet their local demands. In this paper, we introduce a combinatorial double auction mechanism for such trades to happen. The participants can bid as a combination of bids along with a single bid format. We also present a novel winner determination solution for combinatorial double auctions using evolutionary algorithms. Two algorithms combining genetic algorithm and particle swarm optimization are presented in this paper. Price determination for each trade is also explained. Using MATLAB, performance evaluation and stability tests of the proposed auction technique are performed and presented.
URI
https://link.springer.com/article/10.1007%2Fs00202-017-0570-yhttp://repository.hanyang.ac.kr/handle/20.500.11754/81146
ISSN
0948-7921
DOI
10.1007/s00202-017-0570-y
Appears in Collections:
COLLEGE OF ENGINEERING SCIENCES[E](공학대학) > ELECTRICAL ENGINEERING(전자공학부) > Articles
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