Abstract
This paper presents a peer-to-peer (P2P) local energy trading strategy in distribution networks with a novel decentralized voltage management scheme based on voltage sensitivity factors. A social welfare maximizing optimization problem is formulated for P2P energy trading, which is solved by an alternating direction method of multipliers (ADMM) algorithm. The proposed approach is especially designed for asynchronous communication between energy producers and consumers, which may be more suitable for short-term market clearings.
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