| Title |
Simultaneously Multiple Electricity Trade Approach among M:N Producer and Consumers |
| Authors |
박용국(Yong Kuk Park) ; 이민구(Min Goo Lee) ; 이태훈(Tae Hoon Lee) |
| DOI |
https://doi.org/10.5573/ieie.2022.59.10.129 |
| Keywords |
M:N producers and consumers; Simultaneously multiple electricity trade; Optimal trade quantity and price |
| Abstract |
In this paper, we propose an effective electricity trade approach in microgrid composed of M:N producer and consumers. The conventional electricity trade services, which are mostly 1:1 or 1:N matching between a seller and buyer, have been implemented through various online platforms. Therefore, for simultaneously multiple electricity trade among all the market participants within the microgrid, it should be possible to implement the decision-making approach of optimal trade quantity and price under M:N multiple trade environment. Consequently, the effective multiple electricity trade model, which optimizes the profit of seller and buyer within the microgrid composed of M:N producers and consumers, was derived, and subsequent simulation validated it’s optimized performance. |