local transaction
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Author(s):  
Xiaochun Feng ◽  
Yang Chen ◽  
Jian Zhang ◽  
Heejin Cho ◽  
Xin Shi

Abstract Following the rapid growth of distributed energy resources (e.g. renewables, battery), localized peer-to-peer energy transactions are receiving more attention for multiple benefits, such as, reducing power loss, stabilizing the main power grid, etc. To promote distributed renewables locally, the local trading price is usually set to be within the external energy purchasing and selling price range. Consequently, building prosumers are motivated to trade energy through a local transaction center. This local energy transaction is modeled in bilevel optimization game. A selfish upper level agent is assumed with the privilege to set the internal energy transaction price with an objective of maximizing its arbitrage profit. Meanwhile, the building prosumers at the lower level will response to this transaction price and make decisions on electricity transaction amount. Therefore, this non-cooperative leader-follower trading game is seeking for equilibrium solutions on the energy transaction amount and prices. In addition, a uniform local transaction price structure (purchase price equals selling price) is considered here. Aiming at reducing the computational burden from classical Karush-Kuhn-Tucker (KKT) transformation and protecting the private information of each stakeholder (e.g., building), swarm intelligence based solution approach is employed for upper level agent to generate trading price and coordinate the transactive operations. On one hand, to decrease the chance of premature convergence in global-best topology, Rubiks Cube topology is proposed in this study based on further improvement of a two-dimensional square lattice model (i.e., one local-best topology-Von Neumann topology). Rotating operation of the cube is introduced to dynamically changing the neighborhood and enhancing information flow at the later searching state. Several groups of experiments are designed to evaluate the performance of proposed Rubiks Cube topology based particle swarm algorithm. The results have validated the effectiveness of proposed topology and operators comparing with global-best version PSO and Von Neumann topology based PSO and its scalability on larger scale applications.


2009 ◽  
pp. 138-161
Author(s):  
Lorenzo Nasi

- Persistent inequalities produced by globalization and the increasing exclusion of millions of people from formal economies have triggered the development of new strategies and instruments, especially in the Global South. Among the experiences that contributed to broaden the horizon of alternative forms of development based on participation, solidarity and reciprocity we can quote Non-Monetary Systems of Local Exchange. Sintral is a meaningful example of this; it was developed in Equador, and it is a local transaction system that allows the exchange of goods and services without using money.Key words: globalization, development, money, reciprocity.


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