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Planning, operation, and trading mechanisms of transactive energy systems in the context of carbon neutrality [Editorial]

Wang, Dan, Zhou, Yue, Liu, Nian, Qadrdan, Meysam, Bhakar, Rohit and Alnaser, Sahban 2022. Planning, operation, and trading mechanisms of transactive energy systems in the context of carbon neutrality [Editorial]. Energy Conversion and Economics 3 (3) , pp. 109-111. 10.1049/enc2.12060

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Abstract

In the context of carbon neutrality, the penetration ratio of renewable energy, flexible load, energy storage, and interactive equipment have been increasing, and the boundary between traditional energy producers and consumers has been getting more blurred. A new type of energy system, namely the transactive energy system (TES), has emerged. The TES uses the value (price) as a guide for market participants in optimizing decisions, realizing centralized/distributed coordination of large-scale energy systems, and developing these systems to improve energy efficiency, thus, reducing carbon emissions and improving the economy. However, the deep coupling between energy trading and physical energy flow complicates the planning, operation optimization, trading, and interaction of traditional energy systems. Based on the abovementioned background, this special issue, which focuses on the planning, operation, and trading mechanism of TES, has received considerable attention from the research community.

Item Type: Article
Date Type: Publication
Status: Published
Schools: Engineering
Additional Information: License information from Publisher: LICENSE 1: URL: http://creativecommons.org/licenses/by/4.0/
Publisher: Wiley Open Access
ISSN: 2634-1581
Date of First Compliant Deposit: 23 June 2022
Last Modified: 21 Jul 2022 13:56
URI: https://orca.cardiff.ac.uk/id/eprint/150734

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