Transaction and Operation Control Algorithm for An Energy Bank

Martial Giraneza; Khaled Abo-Al-Ez

doi:10.1109/GEC55014.2022.9986712

Transaction and Operation Control Algorithm for An Energy Bank

Martial Giraneza
, Khaled Abo-Al-Ez

Cape Peninsula University of Technology

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

1 Citation (Scopus)

Abstract

Lack of access to energy from the grid by millions of people has led many to seek alternative and affordable solutions for energy access. PV systems are popular, quick and cost effective solutions for a multitude of people with no access to electrical energy. The drawback of the PV system is the cost of the energy storage system in comparison to the rest of the system components. To minimize or to overcome this challenge, energy bank has been proposed as a solution and part of peer to peer energy trading. This paper presents an algorithm that will coordinate, monitor and automate the energy transaction for the energy bank. The algorithm is validated in MATLAB environment. The results show a successful track and control of energy exchange between the prosumers and the energy bank.

Original language	English
Title of host publication	IEEE Global Energy Conference, GEC 2022
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	47-51
Number of pages	5
ISBN (Electronic)	9781665497510
DOIs	https://doi.org/10.1109/GEC55014.2022.9986712
Publication status	Published - 2022
Externally published	Yes
Event	2022 IEEE Global Energy Conference, GEC 2022 - Batman, Turkey Duration: 26 Oct 2022 → 29 Oct 2022

Publication series

Name	IEEE Global Energy Conference, GEC 2022

Conference

Conference	2022 IEEE Global Energy Conference, GEC 2022
Country/Territory	Turkey
City	Batman
Period	26/10/22 → 29/10/22

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

algorithm
energy bank
energy trading
MATLAB
PV system
renewable energy

ASJC Scopus subject areas

Energy Engineering and Power Technology
Renewable Energy, Sustainability and the Environment
Electrical and Electronic Engineering
Mechanical Engineering
Control and Optimization

Access to Document

10.1109/GEC55014.2022.9986712

Cite this

@inproceedings{03e49203af4f4bdd8363c54d0c8dd3a1,

title = "Transaction and Operation Control Algorithm for An Energy Bank",

abstract = "Lack of access to energy from the grid by millions of people has led many to seek alternative and affordable solutions for energy access. PV systems are popular, quick and cost effective solutions for a multitude of people with no access to electrical energy. The drawback of the PV system is the cost of the energy storage system in comparison to the rest of the system components. To minimize or to overcome this challenge, energy bank has been proposed as a solution and part of peer to peer energy trading. This paper presents an algorithm that will coordinate, monitor and automate the energy transaction for the energy bank. The algorithm is validated in MATLAB environment. The results show a successful track and control of energy exchange between the prosumers and the energy bank.",

keywords = "algorithm, energy bank, energy trading, MATLAB, PV system, renewable energy",

author = "Martial Giraneza and Khaled Abo-Al-Ez",

note = "Publisher Copyright: {\textcopyright} 2022 IEEE.; 2022 IEEE Global Energy Conference, GEC 2022 ; Conference date: 26-10-2022 Through 29-10-2022",

year = "2022",

doi = "10.1109/GEC55014.2022.9986712",

language = "English",

series = "IEEE Global Energy Conference, GEC 2022",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

pages = "47--51",

booktitle = "IEEE Global Energy Conference, GEC 2022",

address = "United States",

}

TY - GEN

T1 - Transaction and Operation Control Algorithm for An Energy Bank

AU - Giraneza, Martial

AU - Abo-Al-Ez, Khaled

PY - 2022

Y1 - 2022

N2 - Lack of access to energy from the grid by millions of people has led many to seek alternative and affordable solutions for energy access. PV systems are popular, quick and cost effective solutions for a multitude of people with no access to electrical energy. The drawback of the PV system is the cost of the energy storage system in comparison to the rest of the system components. To minimize or to overcome this challenge, energy bank has been proposed as a solution and part of peer to peer energy trading. This paper presents an algorithm that will coordinate, monitor and automate the energy transaction for the energy bank. The algorithm is validated in MATLAB environment. The results show a successful track and control of energy exchange between the prosumers and the energy bank.

AB - Lack of access to energy from the grid by millions of people has led many to seek alternative and affordable solutions for energy access. PV systems are popular, quick and cost effective solutions for a multitude of people with no access to electrical energy. The drawback of the PV system is the cost of the energy storage system in comparison to the rest of the system components. To minimize or to overcome this challenge, energy bank has been proposed as a solution and part of peer to peer energy trading. This paper presents an algorithm that will coordinate, monitor and automate the energy transaction for the energy bank. The algorithm is validated in MATLAB environment. The results show a successful track and control of energy exchange between the prosumers and the energy bank.

KW - algorithm

KW - energy bank

KW - energy trading

KW - MATLAB

KW - PV system

KW - renewable energy

UR - https://www.scopus.com/pages/publications/85146493365

U2 - 10.1109/GEC55014.2022.9986712

DO - 10.1109/GEC55014.2022.9986712

M3 - Conference contribution

AN - SCOPUS:85146493365

T3 - IEEE Global Energy Conference, GEC 2022

SP - 47

EP - 51

BT - IEEE Global Energy Conference, GEC 2022

PB - Institute of Electrical and Electronics Engineers Inc.

T2 - 2022 IEEE Global Energy Conference, GEC 2022

Y2 - 26 October 2022 through 29 October 2022

ER -

Transaction and Operation Control Algorithm for An Energy Bank

Abstract

Publication series

Conference

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

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Cite this