“20th PSCC 2018 papers submission and review platform

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Negotiation Algorithms for Peer-to-Peer Electricity Markets: Computational Properties

Building on the concepts of transactive energy and consumer-centric electricity markets, the interest in community-based and peer-to-peer structures to energy transactions and management has substantially increased over the last few years. However, several computational challenges are to be tackled in order for these approaches to be deployed in real-world applications. Our aim here is to identify and analyze these challenges, by comparing distributed community-based market approaches to decentralized and distributed versions of peer-to-peer electricity markets. Our computational analysis concentrates on three key aspects, i.e., convergence, scaling properties, and resilience to delays in an asynchronous communication framework. Our findings justify the further proposal of hybrid approaches and of sparsification of negotiation processes.

Author(s):

Fabio Moret    
Centre for Electric Power and Energy, Technical University of Denmark
Denmark

Thomas Baroche    
SATIE Laboratory, Ecole Normale Superieure de Rennes
France

Etienne Sorin    
Centre for Electric Power and Energy, Technical University of Denmark
Denmark

Pierre Pinson    
Centre for Electric Power and Energy, Technical University of Denmark
Denmark

 

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