Energy cost saving strategies in distributed power networks

Alain Tcheukam, Hamidou Tembine

Research output: Contribution to journalConference articlepeer-review

Abstract

In this paper we study energy cost saving strategies in power networks in presence of prosumers. Three tips are considered: (i) distributed power network architecture, (ii) peak energy shaving with the integration of prosumers' contribution, (iii) Electric vehicles self-charging by means of prosumers' production. The proposed distributed power network architecture reduces significantly the transmission costs and can reduce significantly the global energy cost up to 42 percent. Different types of prosumer who use self-charging photovoltaic systems, are able to intelligently buy energy from, or sell it, to the power grid. Therein, prosumers interact in a distributed environment during the purchase or sale of electric power using a double auction with negotiation mechanism. Using a two-step combined learning and optimization scheme, each prosumer can learn its optimal bidding strategy and forecast its energy production, consumption and storage. Our simulation results, conducted for the region of Sicily in Italy, show that the integration of prosumers can reduce peak hour costs up to 19 percent and 6 percent for eligible prosumers with electric vehicles.

Original languageEnglish (US)
Article number02002
JournalMATEC Web of Conferences
Volume50
DOIs
StatePublished - Apr 4 2016
Event4th International Conference on Electrical Energy and Networks, ICEEN 2016 - Nice, France
Duration: Feb 18 2016Feb 19 2016

ASJC Scopus subject areas

  • Chemistry(all)
  • Materials Science(all)
  • Engineering(all)

Fingerprint Dive into the research topics of 'Energy cost saving strategies in distributed power networks'. Together they form a unique fingerprint.

Cite this