Transactive Energy Sharing in a Microgrid via an Enhanced Distributed Adaptive Robust Optimization Approach

Bo Wang, Cuo Zhang, Chaojie Li, Guangya Yang, Zhao Yang Dong*

*Corresponding author for this work

Research output: Journal Publications and ReviewsRGC 21 - Publication in refereed journalpeer-review

63 Citations (Scopus)

Abstract

The rapid growth of microgrids with various distributed energy resources (DERs) brings new opportunities for local energy sharing in the microgrids. However, the uncertainties of renewable distributed generation and loads pose a great technical challenge for a microgrid operator (MGO). Thus, this paper proposes a transactive energy sharing (TES) approach for the MGO and DER aggregators to minimize the total social cost, considering network operating constraints. Accordingly, a two-settlement transactive energy (TE) market with an incentive energy pricing scheme is developed to encourage the participation in the energy sharing. Besides, the real-time energy transactions of the aggregators are considered in a day-ahead optimization stage to address their negative impacts on microgrid operation. To solve the proposed TES problem, an alternating direction method of multipliers (ADMM) is applied. The uncertainties in each ADMM local problem are further addressed by an adaptive robust optimization (ARO) method solved by a column-and-constraint generation (CCG) algorithm. The updated dual and coupling variables at each ADMM iteration could interact with the CCG algorithm, impairing ADMM convergence. To solve this issue, an alternating uncertainty-update procedure is developed. The simulation results verify the high efficiency and solution robustness of the proposed TES method.

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Original languageEnglish
Pages (from-to)2279-2293
JournalIEEE Transactions on Smart Grid
Volume13
Issue number3
Online published17 Feb 2022
DOIs
Publication statusPublished - May 2022
Externally publishedYes

Research Keywords

  • Adaptive robust optimization
  • alternating uncertainty-update procedure
  • distributed algorithm
  • energy sharing
  • microgrid
  • transactive energy

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