Electric Power ›› 2023, Vol. 56 ›› Issue (11): 236-245.DOI: 10.11930/j.issn.1004-9649.202307063

• Technology and Economics • Previous Articles     Next Articles

Optimal Energy Trading Strategies for Local Electricity Markets with Multiple Distributed Energy Resource Aggregators

Chuihui ZENG1(), Wenzheng LI2(), Baowei LI2,3(), Jun XIE1()   

  1. 1. Central China Branch of SGCC, Wuhan 430000, China
    2. XJ Electric Co., Ltd., Xuchang 461000, China
    3. State Key Laboratory of Strong Electromagnetic Engineering and New Technology, Huazhong University of Science and Technology, Wuhan 430074, China
  • Received:2023-07-17 Accepted:2023-10-15 Online:2023-11-23 Published:2023-11-28
  • Supported by:
    This work is supported by National Natural Science Foundation of China (No.51877090).

Abstract:

Distributed energy resources are small-scale and widely-distributed, which make them unable to directly participate in the energy trading. Therefore, it is proposed by an optimal energy trading strategy for local electricity market with multiple distributed energy resource (DER) aggregators. Firstly, scattered DERs are formulated as aggregators to participate in the energy trading of the local electricity market, and distribution system operators participate act as system owners to participate the energy trading of the local electricity market and the wholesale market of the upper grid. Secondly, a two-tier model of optimal energy trading in local electricity market with multiple DER aggregators is established. Finally, the Karush-Kuhn-Tucker (KKT) condition, the strong duality theory and the big-M method are adopted to transform the proposed model into a single layer model. The simulation results show that the proposed model can effectively promote DER to participate in energy trading and improve the operation efficiency of the overall power system.

Key words: distributed energy resource aggregators, distribution system operators, KKT condition, strong duality theory, local electricity market