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Energies
Volume 16
Issue 12
10.3390/en16124607
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Review

Overview on Transactive Energy—Advantages and Challenges for Weak Power Grids

by
Yuly V. Garcia
1,†,
Oscar Garzon
1,†,
Carlos J. Delgado
1,†,
Jan L. Diaz
1,†,
Cesar A. Vega Penagos
1,†,
Fabio Andrade
1,*,†,
Adriana C. Luna
1,† and
J. C. Hernandez
2,†
1
Electrical and Computer Engineering Department, University of Puerto Rico at Mayaguez, Mayaguez, PR 00680, USA
2
Department of Electrical Engineering, University of Jaén, Campus Lagunillas s/n, Edificio A3, 23071 Jaén, Spain
*
Author to whom correspondence should be addressed.
†
These authors contributed equally to this work.
Energies 2023, 16(12), 4607; https://doi.org/10.3390/en16124607
Submission received: 4 April 2023 / Revised: 4 June 2023 / Accepted: 6 June 2023 / Published: 9 June 2023
(This article belongs to the Special Issue Advances in Power Electronics Technologies)
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Abstract

This document lists some challenges that researchers face when implementing transactive energy in weak power grids. These challenges often include high voltage fluctuations, limited generation, high line loadability, and unbalanced grids. The operation of transactive energy, as well as optimization techniques, are also considered, highlighting the performance and functionalities depending on power grid characteristics and market topology. Some of the most used optimization techniques for market clearing, considering the characteristics and topology, are presented as part of the research work.In addition, this paper compares different market topologies and highlights their advantages and challenges. Furthermore, this paper contains a brief description of the interoperability frameworks applied to a smart grid.As a result, it was determined that interoperability is necessary for the proper functioning of the grid. Moreover, all methods were found to be effective for their purpose from the user’s point of view as each technique has different characteristics relevant to the user and the grid. It was concluded that it is convenient to combine the optimization techniques to consider different constraints in the market clearing.
Keywords: interoperability; markets topologies; transactive energy; optimization techniques interoperability; markets topologies; transactive energy; optimization techniques

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MDPI and ACS Style

Garcia, Y.V.; Garzon, O.; Delgado, C.J.; Diaz, J.L.; Penagos, C.A.V.; Andrade, F.; Luna, A.C.; Hernandez, J.C. Overview on Transactive Energy—Advantages and Challenges for Weak Power Grids. Energies 2023, 16, 4607. https://doi.org/10.3390/en16124607

AMA Style

Garcia YV, Garzon O, Delgado CJ, Diaz JL, Penagos CAV, Andrade F, Luna AC, Hernandez JC. Overview on Transactive Energy—Advantages and Challenges for Weak Power Grids. Energies. 2023; 16(12):4607. https://doi.org/10.3390/en16124607

Chicago/Turabian Style

Garcia, Yuly V., Oscar Garzon, Carlos J. Delgado, Jan L. Diaz, Cesar A. Vega Penagos, Fabio Andrade, Adriana C. Luna, and J. C. Hernandez. 2023. "Overview on Transactive Energy—Advantages and Challenges for Weak Power Grids" Energies 16, no. 12: 4607. https://doi.org/10.3390/en16124607

APA Style

Garcia, Y. V., Garzon, O., Delgado, C. J., Diaz, J. L., Penagos, C. A. V., Andrade, F., Luna, A. C., & Hernandez, J. C. (2023). Overview on Transactive Energy—Advantages and Challenges for Weak Power Grids. Energies, 16(12), 4607. https://doi.org/10.3390/en16124607

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