scholarly journals Bidding Agents for PV and Electric Vehicle-Owning Users in the Electricity P2P Trading Market

Energies ◽  
2021 ◽  
Vol 14 (24) ◽  
pp. 8309
Author(s):  
Daishi Sagawa ◽  
Kenji Tanaka ◽  
Fumiaki Ishida ◽  
Hideya Saito ◽  
Naoya Takenaga ◽  
...  
Keyword(s):  
Renewable Energy ◽  
User Preferences ◽  
Power Sharing ◽  
Market Prices ◽  
Electricity Trading ◽  
Trading Market ◽  
Power Trading ◽  
Actual Use ◽  
Bidding Agents ◽  
Effective Use

As the world strives to decarbonize, the effective use of renewable energy has become an important issue, and P2P power trading is expected to unlock the value of renewable energy and encourage its adoption by enabling power trading based on user needs and user assets. In this study, we constructed a bidding agent that optimizes bids based on electricity demand and generation forecasts, user preferences for renewable energy (renewable energy-oriented or economically oriented), and owned assets in a P2P electricity trading market, and automatically performs electricity trading. The agent algorithm was used to evaluate the differences in trading content between different asset holdings and preferences by performing power sharing in a real scale environment. The demonstration experiments show that: EV-owning and economy-oriented users can trade more favorably in the market with a lower average execution price than non-EV-owning users; forecasting enables economy-enhancing moves to store nighttime electricity in batteries in advance in anticipation of future power generation and market prices; EV-owning and renewable energy-oriented users can trade more favorably in the market with other users. EV-owning and renewable energy-oriented users can achieve higher RE ratios at a cost of about +1 yen/kWh compared to other users. By actually issuing charging and discharging commands to the EV and controlling the charging and discharging, the agent can control the actual use of electricity according to the user’s preferences.

The Opportunities and Challenges of Chinese Renewable Energy Greenhouse Gas Emission Reduction Trade

2014 ◽  
Vol 1010-1012 ◽  
pp. 2094-2101
Author(s):  
Long Xi Han ◽  
Jia Jia Zhai ◽  
Lin Zhang
Keyword(s):  
Renewable Energy ◽  
Greenhouse Gas ◽  
Emission Reduction ◽  
Greenhouse Gas Emission ◽  
Carbon Trading ◽  
Ghg Emission ◽  
Trading System ◽  
Trading Market ◽  
The Future ◽  
The Impact

The opportunities and challenges in the field of Chinese renewable energy were analyzed through the impact of global greenhouse gas (GHG) emission reduction trade, especially CDM on Chinese renewable energy, combined with the enhancement of awareness of voluntary emission reduction, relationship between emission reduction trade and renewable energy, changes in the international trade environment and the rise of the domestic trading system. It is suggested that the renewable energy industry integrates with GHG emission reduction trading system in China and explores the huge double benefit of emission reduction and income increase with market means, providing a reference for the smooth implementation of nationwide CN ETS including varies industries in the carbon trading market in the future, and striving for the speaking right for China to set the marketing price of international GHG emission reduction trading in the future.

scholarly journals HESS Opinions: "Climate, hydrology, energy, water: recognizing uncertainty and seeking sustainability"

2009 ◽  
Vol 13 (2) ◽  
pp. 247-257 ◽  
Author(s):  
D. Koutsoyiannis ◽  
C. Makropoulos ◽  
A. Langousis ◽  
S. Baki ◽  
A. Efstratiadis ◽  
...  
Keyword(s):  
Climate Change ◽  
Renewable Energy ◽  
Quantum Physics ◽  
Biofuel Production ◽  
New Paradigm ◽  
Real Risk ◽  
Effective Use ◽  
Socioeconomic Crisis ◽  
The 19Th Century

Abstract. Since 1990 extensive funds have been spent on research in climate change. Although Earth Sciences, including climatology and hydrology, have benefited significantly, progress has proved incommensurate with the effort and funds, perhaps because these disciplines were perceived as "tools" subservient to the needs of the climate change enterprise rather than autonomous sciences. At the same time, research was misleadingly focused more on the "symptom", i.e. the emission of greenhouse gases, than on the "illness", i.e. the unsustainability of fossil fuel-based energy production. Unless energy saving and use of renewable resources become the norm, there is a real risk of severe socioeconomic crisis in the not-too-distant future. A framework for drastic paradigm change is needed, in which water plays a central role, due to its unique link to all forms of renewable energy, from production (hydro and wave power) to storage (for time-varying wind and solar sources), to biofuel production (irrigation). The extended role of water should be considered in parallel to its other uses, domestic, agricultural and industrial. Hydrology, the science of water on Earth, must move towards this new paradigm by radically rethinking its fundamentals, which are unjustifiably trapped in the 19th-century myths of deterministic theories and the zeal to eliminate uncertainty. Guidance is offered by modern statistical and quantum physics, which reveal the intrinsic character of uncertainty/entropy in nature, thus advancing towards a new understanding and modelling of physical processes, which is central to the effective use of renewable energy and water resources.

Possibilities for a Novel Wave Power Generator Using Dielectric Elastomers

2020 ◽  
Author(s):  
S. Chiba ◽  
M. Waki ◽  
C. Jiang ◽  
K. Fujita
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Wave Power ◽  
Generation System ◽  
Ocean Energy ◽  
Power Generator ◽  
Energy Demands ◽  
Worldwide Population ◽  
Power Generation System ◽  
Effective Use

Abstract As industrialization, worldwide population growth, and improvements in the living standards in developing countries continue, demands for energy, food, and water, likewise surge. This in turn accelerates global warming, and its resultant extreme weather effects. Among the measures proposed to meet the growing energy demands, the use of renewable energy is gaining more and more attention. In particular, wave power generation is attracting a great deal of attention as an effective use of ocean energy. However, current wave generators are large and very expensive relative to their output. Furthermore, they cannot generate power efficiently with wave directivity, small amplitude waves and so on. For these reasons, widespread use is very limited. In order to solve these problems, this paper discusses the possibility of a recently developed wave power generator that uses a newly developed dielectric elastomer (DE) as a new way to harvest renewable energy. We also discuss the technical breakthrough of building a mega power generation system using DEs.

scholarly journals Medium and Long-Term Electricity Trading Considering Renewable Energy Participation

IEEE Access ◽  
2020 ◽  
Vol 8 ◽  
pp. 35290-35298
Author(s):  
Hong Fan ◽  
Keke Yu ◽  
Shuqing Zhang ◽  
Haijun Xing ◽  
Zuyi Li ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Electricity Trading

scholarly journals Advanced superconducting power conditioning system with SMES for effective use of renewable energy

2012 ◽  
Vol 27 ◽  
pp. 396-399 ◽  
Author(s):  
T. Hamajima ◽  
M. Tsuda ◽  
D. Miyagi ◽  
H. Amata ◽  
T. Iwasaki ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Power Conditioning ◽  
Effective Use

scholarly journals Correlations between energy economy and housing market prices in the EU-impacts on future sustainability

2017 ◽  
Vol 11 (1) ◽  
pp. 45-54 ◽  
Author(s):  
Maria Alexandra Maassen
Keyword(s):  
Renewable Energy ◽  
New Technologies ◽  
House Prices ◽  
Housing Prices ◽  
Total Energy Consumption ◽  
External Energy ◽  
Market Prices ◽  
Development Technology ◽  
Multiple Challenges ◽  
The Eu

Abstract The global economic system is facing multiple challenges in terms of social development, technology and innovation, as well as sustainability needs. As a result, the value of existing assets is changing globally depending on the scarcity, necessity and effects on the business field leading to increased prices of traditional sources of energy and increased competition in the economic field. Thus, the EU energy market has progressed in reducing its dependence on external energy sourcing, by increasing production of renewable energy, such as wind or solar, as well as by further integration of the electric grid. Based on the Pearson coefficient this article intends to research the correlations between the economic, energy and house prices in recent years and the future possible impacts depending on their evolution. For example, gas prices in the past decade increasing household costs in most countries due to the dependence on third parties for energy, lead to the need of increasing the share of renewable energy in total energy consumption, which have consequently decreased electricity prices since 2008. However, this development has still not solved the additional costs issue of households due to the new technologies implemented although wind and solar energy receive in general low margins. Such energy issues, as well as the increased housing prices after the financial crisis in 2008 have caused on their own an additional burden on the economy and households spending income in the next years following.

scholarly journals Model of Electricity Trading Risk Warning under The New Power System Reform

2019 ◽  
Vol 136 ◽  
pp. 02003
Author(s):  
Ning Bu ◽  
Wei Zhong-kang ◽  
Zhu Tian-bo ◽  
Niu Jia-qiang ◽  
Liu Jun
Keyword(s):  
Power System ◽  
Market Price ◽  
System Reform ◽  
Price Fluctuation ◽  
Electricity Trading ◽  
Trading Market ◽  
Risk Warning ◽  
Warning Model

Under the new power system reform, the scale of electricity trading market in China grows rapidly, burdening power companies with more uncertainty risk relate to market trading. This paper constructs a risk warning model for electricity trading, and take market price fluctuation as the signal of market trading risk to carry out risk warning.

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