A Carbon Emission Allowance Bargaining Model For Energy Transactions Among Prosumers

Xiang, Yue; Qing, Guiping; Fang, Mengqiu; Li, Zhengmao; Yao, Haotian; Liu, Junyong; Guo, Zekun; Liu, Jichun; Zeng, Pingliang

Abstract

The carbon pricing is the main issue of the carbon trading market for enabling cost-effective decarbonization in the energy networks. A nodal carbon pricing model is firstly proposed based on the sharing and integration of the intra-regional carbon emission allowance. In this regard, the game theory is introduced to construct a multi-agent carbon emission allowance bargaining model in this letter. The alternating direction multiplier method is adopted to solve the model considering the competitional burden and privacy-preserving. Numerical results demonstrate that it could significantly reduce the carbon emissions of regional energy networks and improve the economic benefits of prosumers.

Citation

Xiang, Y., Qing, G., Fang, M., Li, Z., Yao, H., Liu, J., …Zeng, P. (2024). A Carbon Emission Allowance Bargaining Model For Energy Transactions Among Prosumers. IEEE Transactions on Power Systems, https://doi.org/10.1109/TPWRS.2024.3388251

• Journal Article Type: Article
• Acceptance Date: Apr 12, 2024
• Online Publication Date: Apr 12, 2024
• Publication Date: Apr 12, 2024
• Deposit Date: Jun 5, 2024
• Publicly Available Date: Jun 7, 2024
• Journal: IEEE Transactions on Power Systems
• Print ISSN: 0885-8950
• Electronic ISSN: 1558-0679
• Publisher: Institute of Electrical and Electronics Engineers
• Peer Reviewed: Peer Reviewed
• DOI: https://doi.org/10.1109/TPWRS.2024.3388251
• Keywords: Prosumers; Energy transaction; Carbon emission allowance bargaining; Optimal trading and scheduling
• Public URL: https://hull-repository.worktribe.com/output/4703839