Network-constrained Electricity Market Trading for Distributed Energy. This project aims to uncover the fundamental principles that govern the complexity of electricity network constraints through rig

Description

Network-constrained Electricity Market Trading for Distributed Energy. This project aims to uncover the fundamental principles that govern the complexity of electricity network constraints through rigorous scientific inquiry and engineering applications with our industry partner, with the goal of maximising the profitability of distributed energy resources (DERs). It will integrate theoretical mathematical modelling, numerical simulations, and practical applications to address the complex interplay of variables in network operation and energy trading. Expected outcomes include innovative solutions for a customer-centric energy trading tool for DERs. These advancements will significantly enhance the efficiency of electricity markets, contributing to the sustainable growth of Australia's energy sector.. Scheme: Linkage Projects. Field: 4008 - Electrical Engineering. Lead: Dr Jing Qiu