Overview on Transactive Energy—Advantages and Challenges for Weak Power Grids

Author:

Garcia Yuly V.1ORCID,Garzon Oscar1ORCID,Delgado Carlos J.1ORCID,Diaz Jan L.1ORCID,Penagos Cesar A. Vega1ORCID,Andrade Fabio1ORCID,Luna Adriana C.1ORCID,Hernandez J. C.2ORCID

Affiliation:

1. Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA

2. Department of Electrical Engineering, University of Jaén, Campus Lagunillas s/n, Edificio A3, 23071 Jaén, Spain

Abstract

This document lists some challenges that researchers face when implementing transactive energy in weak power grids. These challenges often include high voltage fluctuations, limited generation, high line loadability, and unbalanced grids. The operation of transactive energy, as well as optimization techniques, are also considered, highlighting the performance and functionalities depending on power grid characteristics and market topology. Some of the most used optimization techniques for market clearing, considering the characteristics and topology, are presented as part of the research work.In addition, this paper compares different market topologies and highlights their advantages and challenges. Furthermore, this paper contains a brief description of the interoperability frameworks applied to a smart grid.As a result, it was determined that interoperability is necessary for the proper functioning of the grid. Moreover, all methods were found to be effective for their purpose from the user’s point of view as each technique has different characteristics relevant to the user and the grid. It was concluded that it is convenient to combine the optimization techniques to consider different constraints in the market clearing.

Funder

U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) under the Solar Energy Technologies Office

Publisher

MDPI AG

Subject

Energy (miscellaneous),Energy Engineering and Power Technology,Renewable Energy, Sustainability and the Environment,Electrical and Electronic Engineering,Control and Optimization,Engineering (miscellaneous),Building and Construction

Reference43 articles.

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