Transaction and Operation Control Algorithm for An Energy Bank

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-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 languageEnglish
Title of host publicationIEEE Global Energy Conference, GEC 2022
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages47-51
Number of pages5
ISBN (Electronic)9781665497510
DOIs
Publication statusPublished - 2022
Externally publishedYes
Event2022 IEEE Global Energy Conference, GEC 2022 - Batman, Turkey
Duration: 26 Oct 202229 Oct 2022

Publication series

NameIEEE Global Energy Conference, GEC 2022

Conference

Conference2022 IEEE Global Energy Conference, GEC 2022
Country/TerritoryTurkey
CityBatman
Period26/10/2229/10/22

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

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