Peer-to-Peer Trading in Distribution Systems with the Utility's OperationOACSTPCDEI

To realize a liberalized peer-to-peer(P2P)electricity market in distribution systems with network security,this paper develops a general framework for P2P trading in distribution systems with the utility's operation.The model is formulated as a bi-level programming.The utility's operation is an upper level problem,where a calculation method of network usage charges for P2P trading is also proposed.Peers'P2P trading is a lower level problem.An iterative algorithm based on analytical target cascading(ATC)is proposed to solve the model,where the interactions between utility and peers are presented.Numerical results on the IEEE 33-bus system demonstrate that the proposed method realizes a liberalized P2P market and ensures network security in distribution systems.