A Graph-Based Loss Allocation Framework for Transactive Energy Markets in Unbalanced Radial Distribution Networks

Abstract

IEEE Future distributed transactive energy markets are envisioned to integrate multiple entities located mainly at the distribution level of the grid, so that consumers and prosumers can trade power either directly with the upstream wholesale energy market or through local pricing mechanisms (e.g. through "peer-to-peer" contracts or by forming "energy communities"). In such market environments, a transparent loss allocation framework is required to guarantee economic efficiency and fairness. Nevertheless, the unbalanced power flow nature associated with the distribution networks should be fundamentally integrated in the loss allocation process. To this end, this paper presents a graph-based ..