Optimal power flow based transactive energy management in microgrids

This final year project report introduces the local energy trading for microgrid. Before applying the algorithm in local energy market, the traditional way of energy trading, load flow for distribution system as well as optimal power flow was studied. Decentralized optimization of energy resources i...

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Main Author: Ng, Xi En
Other Authors: Gooi Hoay Beng
Format: Final Year Project
Language:English
Published: 2019
Subjects:
Online Access:http://hdl.handle.net/10356/78253
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-782532023-07-07T17:57:51Z Optimal power flow based transactive energy management in microgrids Ng, Xi En Gooi Hoay Beng School of Electrical and Electronic Engineering DRNTU::Engineering::Electrical and electronic engineering This final year project report introduces the local energy trading for microgrid. Before applying the algorithm in local energy market, the traditional way of energy trading, load flow for distribution system as well as optimal power flow was studied. Decentralized optimization of energy resources in microgrid was considered and real power consumption of distributed energy resources were analyzed based on the results obtained. After familiarize with the conventional way of energy trading as well as the optimal power flow, algorithms for local energy trading was compiled using MATLAB. Direct approach is implemented to determine the distribution load flow. The market clearing ability of local energy trading system is tested using the compiled code. The results were compared and analyzed between local energy trading with voltage management and without voltage management. Overall, this project includes study on conventional energy trading, load flow on distribution system, optimization of energy resources in microgrid and local energy trading with voltage management Bachelor of Engineering (Electrical and Electronic Engineering) 2019-06-14T02:55:19Z 2019-06-14T02:55:19Z 2019 Final Year Project (FYP) http://hdl.handle.net/10356/78253 en Nanyang Technological University 47 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering::Electrical and electronic engineering
spellingShingle DRNTU::Engineering::Electrical and electronic engineering
Ng, Xi En
Optimal power flow based transactive energy management in microgrids
description This final year project report introduces the local energy trading for microgrid. Before applying the algorithm in local energy market, the traditional way of energy trading, load flow for distribution system as well as optimal power flow was studied. Decentralized optimization of energy resources in microgrid was considered and real power consumption of distributed energy resources were analyzed based on the results obtained. After familiarize with the conventional way of energy trading as well as the optimal power flow, algorithms for local energy trading was compiled using MATLAB. Direct approach is implemented to determine the distribution load flow. The market clearing ability of local energy trading system is tested using the compiled code. The results were compared and analyzed between local energy trading with voltage management and without voltage management. Overall, this project includes study on conventional energy trading, load flow on distribution system, optimization of energy resources in microgrid and local energy trading with voltage management
author2 Gooi Hoay Beng
author_facet Gooi Hoay Beng
Ng, Xi En
format Final Year Project
author Ng, Xi En
author_sort Ng, Xi En
title Optimal power flow based transactive energy management in microgrids
title_short Optimal power flow based transactive energy management in microgrids
title_full Optimal power flow based transactive energy management in microgrids
title_fullStr Optimal power flow based transactive energy management in microgrids
title_full_unstemmed Optimal power flow based transactive energy management in microgrids
title_sort optimal power flow based transactive energy management in microgrids
publishDate 2019
url http://hdl.handle.net/10356/78253
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