Open AccessA two‐stage multi microgrids p2p energy trading with motivational game‐theory: A case study in malaysia
Author(s) -
Yap YuHang,
Tan WenShan,
Wong Jinnie,
Ahmad Noor Azlinda,
Wooi ChinLeong,
Wu YuanKang,
Ariffin Aznan Ezraie
Publication year - 2021
Publication title -
iet renewable power generation
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.005
H-Index - 76
eISSN - 1752-1424
pISSN - 1752-1416
DOI - 10.1049/rpg2.12205
Subject(s) - prosumer , energy market , game theory , computer science , order (exchange) , demand response , environmental economics , distributed generation , electricity , business , microeconomics , economics , engineering , finance , renewable energy , electrical engineering
Peer‐to‐peer (P2P) energy trading is expected to be emerged as a new energy management paradigm that allows the transaction of energy from one prosumer to another prosumer without any dependency on a central controller. In Malaysia, first pilot test of P2P trading has been conducted recently, which exclusively participated by industrial prosumers and commercial consumers only. In order to investigate the impact of P2P energy trading to Malaysia market, this paper proposes an auction‐based two‐stage P2P trading market‐clearing strategy, for multi‐cities and intra‐city in Malaysia. A motivational game theory‐based price scheme is presented to ensure an unbiased market operation, to maximize the saving and payoff for each prosumer, at the same time benefits the power utility company. The proposed two‐stage market clearing model is solved by Linear Programming optimization approach. A realistic representation of P2P trading in Malaysia is constructed and tested out under multi‐cities and intra‐city energy trading test cases. Comparison between the proposed P2P energy trading with existing solar generation net metering scheme is also presented. The numerical results indicate the viability and potential of motivational game theory based P2P trading in future Malaysia transactive energy market.