Energy Sharing among Resources within Electrical Distribution Systems: A Systematic Review
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arXiv
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| Main Authors: | , , , , , |
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| Format: | Preprint |
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2024
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| _version_ | 1866914628487872512 |
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| author | Krishna, G Hari Babu, K. Victor Sam Moses Dwivedi, Divyanshi Chakraborty, Pratyush Yemula, Pradeep Kumar Pal, Mayukha |
| author_facet | Krishna, G Hari Babu, K. Victor Sam Moses Dwivedi, Divyanshi Chakraborty, Pratyush Yemula, Pradeep Kumar Pal, Mayukha |
| contents | The rapid increase in Electric Vehicle (EV) adoption provides a promising solution for reducing carbon emissions and fossil fuel dependency in transportation systems. However, the increasing numbers of EVs pose significant challenges to the electrical grids. In addition, the number of Distributed Energy Resources (DER) and Microgrids (MGs) is increasing on a global scale to meet the energy demand, consequently changing the energy infrastructure. Recently, energy-sharing methods have been proposed to share excess energy from DERs and EVs in Electric Vehicle Charging Infrastructure (EVCI) and MGs. Accommodating this sharing mechanism with the existing electrical distribution systems is a critical issue concerning the economic, reliability, and resilience aspects. This study examines the ever-changing field of EVCI and the critical role of peer-to-peer (P2P) energy trading in mitigating the problems with grid management that result from unorganized EV charging and intermittency in DER. Also, the possibility of energy sharing in electrical distribution systems for microgrids and EVCI on various energy-sharing methods and algorithms are discussed in detail. Furthermore, the application of market clearing algorithms like game theory, double auction theory, blockchain technology, optimization techniques, machine learning algorithms, and other models from the existing literature are presented. This paper discusses the policies, economic benefits, environmental impacts, societal advantages, and challenges in distribution systems related to sharing in EVCI and MGs. A roadmap for future research and sharing strategies is provided to guide policymakers, researchers, and industry stakeholders toward a sustainable, resilient, and efficient energy market by integrating P2P technology into EVCIs and MGs. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2401_01597 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Energy Sharing among Resources within Electrical Distribution Systems: A Systematic Review Krishna, G Hari Babu, K. Victor Sam Moses Dwivedi, Divyanshi Chakraborty, Pratyush Yemula, Pradeep Kumar Pal, Mayukha Systems and Control The rapid increase in Electric Vehicle (EV) adoption provides a promising solution for reducing carbon emissions and fossil fuel dependency in transportation systems. However, the increasing numbers of EVs pose significant challenges to the electrical grids. In addition, the number of Distributed Energy Resources (DER) and Microgrids (MGs) is increasing on a global scale to meet the energy demand, consequently changing the energy infrastructure. Recently, energy-sharing methods have been proposed to share excess energy from DERs and EVs in Electric Vehicle Charging Infrastructure (EVCI) and MGs. Accommodating this sharing mechanism with the existing electrical distribution systems is a critical issue concerning the economic, reliability, and resilience aspects. This study examines the ever-changing field of EVCI and the critical role of peer-to-peer (P2P) energy trading in mitigating the problems with grid management that result from unorganized EV charging and intermittency in DER. Also, the possibility of energy sharing in electrical distribution systems for microgrids and EVCI on various energy-sharing methods and algorithms are discussed in detail. Furthermore, the application of market clearing algorithms like game theory, double auction theory, blockchain technology, optimization techniques, machine learning algorithms, and other models from the existing literature are presented. This paper discusses the policies, economic benefits, environmental impacts, societal advantages, and challenges in distribution systems related to sharing in EVCI and MGs. A roadmap for future research and sharing strategies is provided to guide policymakers, researchers, and industry stakeholders toward a sustainable, resilient, and efficient energy market by integrating P2P technology into EVCIs and MGs. |
| title | Energy Sharing among Resources within Electrical Distribution Systems: A Systematic Review |
| topic | Systems and Control |
| url | https://arxiv.org/abs/2401.01597 |