Flexible Cooperative Game Theory Tool for Peer-to-Peer Energy Trading Analysis

Julian Dixon; Thomas Morstyn; Liyang Han; Malcolm McCulloch

doi:10.1109/PESGM.2018.8586348

Flexible Cooperative Game Theory Tool for Peer-to-Peer Energy Trading Analysis

Julian Dixon, Thomas Morstyn, Liyang Han, Malcolm McCulloch

School of Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Abstract / Description of output

This paper presents an extensible and adaptable tool with which to study the use of cooperative game theory for allocating rewards to prosumers in peer-to-peer (P2P) energy trading systems. With the aim of expanding the use of renewable generation, the tool is a combination of the cooperative game theory platform and a specific game which focuses on a prosumer P2P network in a distribution network feeder. The final platform is able to run user defined P2P trading games, including the aforementioned one, over multiple trading intervals. It has two inbuilt allocation schemes which can be tested on the games for fairness and stability.

Original language	English
Title of host publication	2018 IEEE POWER ENERGY SOCIETY GENERAL MEETING (PESGM)
DOIs	https://doi.org/10.1109/PESGM.2018.8586348
Publication status	Published - 2018
Event	2018 IEE PES General Meeting: Re-Imagining the Electric Grid - Portland, United States Duration: 5 Aug 2018 → 9 Aug 2018 https://www.pes-gm.org/2018/

Conference

Conference	2018 IEE PES General Meeting
Country/Territory	United States
City	Portland
Period	5/08/18 → 9/08/18
Internet address	https://www.pes-gm.org/2018/

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10.1109/PESGM.2018.8586348Licence: All Rights Reserved

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@inproceedings{e2139ba729cb43218b6d50201dc8fe1e,

title = "Flexible Cooperative Game Theory Tool for Peer-to-Peer Energy Trading Analysis",

abstract = "This paper presents an extensible and adaptable tool with which to study the use of cooperative game theory for allocating rewards to prosumers in peer-to-peer (P2P) energy trading systems. With the aim of expanding the use of renewable generation, the tool is a combination of the cooperative game theory platform and a specific game which focuses on a prosumer P2P network in a distribution network feeder. The final platform is able to run user defined P2P trading games, including the aforementioned one, over multiple trading intervals. It has two inbuilt allocation schemes which can be tested on the games for fairness and stability.",

author = "Julian Dixon and Thomas Morstyn and Liyang Han and Malcolm McCulloch",

year = "2018",

doi = "10.1109/PESGM.2018.8586348",

language = "English",

booktitle = "2018 IEEE POWER ENERGY SOCIETY GENERAL MEETING (PESGM)",

note = "2018 IEE PES General Meeting : Re-Imagining the Electric Grid ; Conference date: 05-08-2018 Through 09-08-2018",

url = "https://www.pes-gm.org/2018/",

}

TY - GEN

T1 - Flexible Cooperative Game Theory Tool for Peer-to-Peer Energy Trading Analysis

AU - Dixon, Julian

AU - Morstyn, Thomas

AU - Han, Liyang

AU - McCulloch, Malcolm

PY - 2018

Y1 - 2018

N2 - This paper presents an extensible and adaptable tool with which to study the use of cooperative game theory for allocating rewards to prosumers in peer-to-peer (P2P) energy trading systems. With the aim of expanding the use of renewable generation, the tool is a combination of the cooperative game theory platform and a specific game which focuses on a prosumer P2P network in a distribution network feeder. The final platform is able to run user defined P2P trading games, including the aforementioned one, over multiple trading intervals. It has two inbuilt allocation schemes which can be tested on the games for fairness and stability.

AB - This paper presents an extensible and adaptable tool with which to study the use of cooperative game theory for allocating rewards to prosumers in peer-to-peer (P2P) energy trading systems. With the aim of expanding the use of renewable generation, the tool is a combination of the cooperative game theory platform and a specific game which focuses on a prosumer P2P network in a distribution network feeder. The final platform is able to run user defined P2P trading games, including the aforementioned one, over multiple trading intervals. It has two inbuilt allocation schemes which can be tested on the games for fairness and stability.

U2 - 10.1109/PESGM.2018.8586348

DO - 10.1109/PESGM.2018.8586348

M3 - Conference contribution

BT - 2018 IEEE POWER ENERGY SOCIETY GENERAL MEETING (PESGM)

T2 - 2018 IEE PES General Meeting

Y2 - 5 August 2018 through 9 August 2018

ER -

Flexible Cooperative Game Theory Tool for Peer-to-Peer Energy Trading Analysis

Abstract / Description of output

Conference

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