Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community

With the development of distributed generation and demand-side response, traditional consumers are now converted into prosumers that can actively produce and consume electricity. Moreover, with the help of energy integration technique, prosumers are encouraged to form a multi-energy community (MEC),...

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Autores principales:	Jian Wang, Ning Xie, Valentin Ilea, Cristian Bovo, Hao Xin, Yong Wang
Formato:	article
Lenguaje:	EN
Publicado:	Frontiers Media S.A. 2021
Materias:	prosumers cooperative trading mechanism multi-energy community energy sharing satisfaction-based profit distribution General Works A
Acceso en línea:	https://doaj.org/article/afdbd605a22d4894a733745c29852170
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spelling	oai:doaj.org-article:afdbd605a22d4894a733745c298521702021-12-01T10:59:54ZCooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community2296-598X10.3389/fenrg.2021.723192https://doaj.org/article/afdbd605a22d4894a733745c298521702021-11-01T00:00:00Zhttps://www.frontiersin.org/articles/10.3389/fenrg.2021.723192/fullhttps://doaj.org/toc/2296-598XWith the development of distributed generation and demand-side response, traditional consumers are now converted into prosumers that can actively produce and consume electricity. Moreover, with the help of energy integration technique, prosumers are encouraged to form a multi-energy community (MEC), which can increase their social welfare through inside multi-energy sharing. This paper proposes a day-ahead cooperative trading mechanism in a MEC that depends on an energy hub (EH) to couple electricity, natural gas, and heat for all prosumers. The model of the traditional uncooperative local integrated energy system (ULIES) is also built as a comparison. A satisfaction-based profit distribution mechanism is set according to prosumers’ feelings about the extra cost they save or extra profit they gain in MEC compared with that in ULIES. Finally, case studies are set to analyze the utility of MEC in enlarging social welfare, after considering the effects of prosumers’ electricity usage patterns and buy-and-sell prices in retail market. The results of satisfaction-based profit distribution are also analyzed to verify that it can save the cost or increase the profit of each prosumer and EH.Jian WangJian WangNing XieValentin IleaCristian BovoHao XinYong WangFrontiers Media S.A.articleprosumerscooperative trading mechanismmulti-energy communityenergy sharingsatisfaction-based profit distributionGeneral WorksAENFrontiers in Energy Research, Vol 9 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	prosumers cooperative trading mechanism multi-energy community energy sharing satisfaction-based profit distribution General Works A
spellingShingle	prosumers cooperative trading mechanism multi-energy community energy sharing satisfaction-based profit distribution General Works A Jian Wang Jian Wang Ning Xie Valentin Ilea Cristian Bovo Hao Xin Yong Wang Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community
description	With the development of distributed generation and demand-side response, traditional consumers are now converted into prosumers that can actively produce and consume electricity. Moreover, with the help of energy integration technique, prosumers are encouraged to form a multi-energy community (MEC), which can increase their social welfare through inside multi-energy sharing. This paper proposes a day-ahead cooperative trading mechanism in a MEC that depends on an energy hub (EH) to couple electricity, natural gas, and heat for all prosumers. The model of the traditional uncooperative local integrated energy system (ULIES) is also built as a comparison. A satisfaction-based profit distribution mechanism is set according to prosumers’ feelings about the extra cost they save or extra profit they gain in MEC compared with that in ULIES. Finally, case studies are set to analyze the utility of MEC in enlarging social welfare, after considering the effects of prosumers’ electricity usage patterns and buy-and-sell prices in retail market. The results of satisfaction-based profit distribution are also analyzed to verify that it can save the cost or increase the profit of each prosumer and EH.
format	article
author	Jian Wang Jian Wang Ning Xie Valentin Ilea Cristian Bovo Hao Xin Yong Wang
author_facet	Jian Wang Jian Wang Ning Xie Valentin Ilea Cristian Bovo Hao Xin Yong Wang
author_sort	Jian Wang
title	Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community
title_short	Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community
title_full	Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community
title_fullStr	Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community
title_full_unstemmed	Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community
title_sort	cooperative trading mechanism and satisfaction-based profit distribution in a multi-energy community
publisher	Frontiers Media S.A.
publishDate	2021
url	https://doaj.org/article/afdbd605a22d4894a733745c29852170
work_keys_str_mv	AT jianwang cooperativetradingmechanismandsatisfactionbasedprofitdistributioninamultienergycommunity AT jianwang cooperativetradingmechanismandsatisfactionbasedprofitdistributioninamultienergycommunity AT ningxie cooperativetradingmechanismandsatisfactionbasedprofitdistributioninamultienergycommunity AT valentinilea cooperativetradingmechanismandsatisfactionbasedprofitdistributioninamultienergycommunity AT cristianbovo cooperativetradingmechanismandsatisfactionbasedprofitdistributioninamultienergycommunity AT haoxin cooperativetradingmechanismandsatisfactionbasedprofitdistributioninamultienergycommunity AT yongwang cooperativetradingmechanismandsatisfactionbasedprofitdistributioninamultienergycommunity
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Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community

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