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- Title
Transactive energy system: a review of cyber‐physical infrastructure and optimal scheduling.
- Authors
Yang, Jiakang; Li, Yong; Cao, Yijia; Tan, Yi; Rehtanz, Christian
- Abstract
Transactive energy system (TES) is an electric infrastructure where the economic and control techniques are combined to manage the generation, power flow and consumption through transaction‐based approaches while considering the reliability constraints of the whole system. TES can have access to reliability and economic efficiency with engaging flexibility provided by distributed energy resources and the demand response. Here, the authors introduce the cyber‐physical infrastructure of a TES, focusing on the energy flow and information processing in the entire system, and then characteristics and benefits of TES are presented in terms of economic efficiency, reliability, environment friendliness and scalability. Furthermore, two main types of transactive agents and their scheduling objectives are presented. The scheduling methods of TES can be categorised into centralised and decentralised optimisation solution techniques and they are discussed.
- Publication
IET Generation, Transmission & Distribution (Wiley-Blackwell), 2020, Vol 14, Issue 2, p173
- ISSN
1751-8687
- Publication type
Article
- DOI
10.1049/iet-gtd.2018.6554