Curtin University Homepage
  • Library
  • Help
    • Admin

    espace - Curtin’s institutional repository

    JavaScript is disabled for your browser. Some features of this site may not work without it.
    View Item 
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item

    A Contract-based Trading Model for Electricity Suppliers in Smart Grids

    Access Status
    Fulltext not available
    Authors
    Amin, Uzma
    Hossain, M.J.
    Fernandez, E.
    Mahmud, K.
    Tiezheng, G.
    Date
    2019
    Type
    Conference Paper
    
    Metadata
    Show full item record
    Citation
    Amin, U. and Hossain, M.J. and Fernandez, E. and Mahmud, K. and Tiezheng, G. 2019. A Contract-based Trading Model for Electricity Suppliers in Smart Grids. In: 2019 20th International Conference on Intelligent System Application to Power Systems (ISAP), 10-14 Dec 2019, New Dehli, India.
    Source Conference
    2019 20th International Conference on Intelligent System Application to Power Systems (ISAP)
    DOI
    10.1109/ISAP48318.2019.9065981
    Faculty
    Faculty of Science and Engineering
    School
    School of Elec Eng, Comp and Math Sci (EECMS)
    URI
    http://hdl.handle.net/20.500.11937/81218
    Collection
    • Curtin Research Publications
    Abstract

    This paper proposes an approach to categorize electricity suppliers (ESs) for energy trading between ESs and a single aggregator. A principal-agents game model is developed to model the interactions between an aggregator and different categories of ESs by considering the benefits of both parties. In a proposed game, the aggregator as a principal will purchase a certain amount of power from different-category ESs with the cheapest pricing options available, and at the same time the ESs, acting as agents will maximize their utilities by selling their power to the aggregator instead of feeding the grid at a low rate. The developed optimal contract-based scheme, which can be implemented distributed manner, allows different-category ESs to sell their power at different prices based on their unit production cost to maximize their benefits, and the total cost to the aggregator is minimized. Numerical analysis confirms the effectiveness of the proposed ESs categorizing framework in the development of a contract-based incentive mechanism for energy trading.

    Related items

    Showing items related by title, author, creator and subject.

    • Influence of aggregate on the microstructure of geopolymer
      Subaer (2004)
      Inorganic geopolymers or simply geopolymers based on silico-aluminate are relatively novel materials with a wide range of potential applications. The mAln purpose of the present study was to experimentally investigate the ...
    • Environmental implications of the use of bio-cement treated recycled aggregate in concrete
      Mistri, Abhijit; Dhami, Navdeep ; Bhattacharyya, Sriman Kumar; Barai, Sudhirkumar V; Mukherjee, Abhijit ; Biswas, Wahidul (2021)
      Use of aggregates from recycled construction and demolition wastes in concretes alleviates the disposal problem and reduces the cost of concrete significantly. However, excessive water absorption, weak interfacial transition ...
    • Recycled concrete and demolition waste aggregate in concrete
      Lloyd, Natalie; Van Der List, K.; Re, N. (2013)
      Demolition and construction waste may be used as a partial replacement of virgin coarse aggregate in concrete, although the current industry uptake of this is low despite sustainability advantages. The variability of ...
    Advanced search

    Browse

    Communities & CollectionsIssue DateAuthorTitleSubjectDocument TypeThis CollectionIssue DateAuthorTitleSubjectDocument Type

    My Account

    Admin

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    Follow Curtin

    • 
    • 
    • 
    • 
    • 

    CRICOS Provider Code: 00301JABN: 99 143 842 569TEQSA: PRV12158

    Copyright | Disclaimer | Privacy statement | Accessibility

    Curtin would like to pay respect to the Aboriginal and Torres Strait Islander members of our community by acknowledging the traditional owners of the land on which the Perth campus is located, the Whadjuk people of the Nyungar Nation; and on our Kalgoorlie campus, the Wongutha people of the North-Eastern Goldfields.