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A Multilateral Transactive Energy Framework of Hybrid Charging Stations for Low-Carbon Energy-Transport Nexus

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This article proposes a multilateral multienergy trading framework for synergetic hydrogen (H2) and electricity transactions among renewable-dominated hybrid charging stations (HCSs). In this framework, each autonomous HCS with various renewable… Click to show full abstract

This article proposes a multilateral multienergy trading framework for synergetic hydrogen (H2) and electricity transactions among renewable-dominated hybrid charging stations (HCSs). In this framework, each autonomous HCS with various renewable energy resource (RES) endowment can harvest local renewables for internal green H2 and electricity generation to simultaneously meet demands of electric vehicles (EVs) and hydrogen-powered vehicles (HVs) from the transportation network. The surplus electricity/H2 production of the HCS is accommodated by external multilateral transactions to increase the additional profit. Besides, each HCS is modeled as a sustainable energy hub, and multiple hubs with multienergy transactions contribute toward a low-carbon energy-transport nexus. A partial differential equation model based on fluid dynamic theory is formed to capture the temporal and spatial dynamics of traffic flows for estimating the EV/HV loads at HCSs. Furthermore, a distributed multilateral pricing algorithm is developed to iteratively derive the optimal prices and quantities for transactive electricity and H2. Comparative studies corroborate the superiority of the proposed methodology on economic merits and RES accommodation.

Keywords: charging stations; energy transport; energy; hybrid charging; carbon energy; low carbon

Journal Title: IEEE Transactions on Industrial Informatics
Year Published: 2022

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