Novel Architecture for Transactive Energy Management Systems with Various Market Clearing Strategies

• Main Authors: Arun, S.L., Bingi, K., Vijaya Priya, R., Jacob Raglend, I., Hanumantha Rao, B.
• Format: Article
• Published: Hindawi Limited 2023
• Online Access: http://scholars.utp.edu.my/id/eprint/38031/; https://www.scopus.com/inward/record.uri?eid=2-s2.0-85175271585&doi=10.1155%2f2023%2f3979662&partnerID=40&md5=276783a28b131117987ae1f284ab8d01
• Institution: Universiti Teknologi Petronas

The recent advancements in demand-side management techniques add significant benefits to the distribution systems. One such technique is transactive energy management systems (TEMS) which motivate the energy end-users to take part in local energy trading. The end-users can effectively increase the m...