Local energy trading in a community micro-grid

• Main Author: Chan, Adriel Chun Whye
• Other Authors: Gooi Hoay Beng
• Format: Final Year Project
• Language: English
• Published: Nanyang Technological University 2020
• Subjects: Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution
• Online Access: https://hdl.handle.net/10356/139908
• Institution: Nanyang Technological University

In this report, we focus on recreating an incremental welfare consensus algorithm to calculate the optimal price of electricity for users in a grid with multiple consumers and producers. The algorithm functions in place of a central coordinator that is normally required and used to price electricity...