Open Access Open Access  Restricted Access Subscription or Fee Access

Optimizing the Price of Electrical Energy Transactions on the Microgrid System Using the Shortest Path Solution

(*) Corresponding author

Authors' affiliations



Microgrid networks that reduce greenhouse gas emissions have increased electrical energy. In electrical energy transactions, a strategy is needed to create the lowest electricity sales price optimization for consumers. Currently, optimizing the price of electricity transactions is a challenge because few still discuss offering the cheapest electricity prices. In the wheeling System Transaction (shared use of utility-owned electricity networks), optimizing the price of electrical energy transactions is still a challenge that must be resolved. This is because there is no algorithm developed to solve this problem. This research will develop an algorithm to optimize electricity price sales using the shortest path and Power Flow Tracing methods. Developing the shortest path algorithm can provide recommendations for each area that conducts electrical energy transactions. Then, electrical energy transactions are determined based on the lowest price, the most negligible loss, and the shortest distance to get the optimal price.
Copyright © 2022 Praise Worthy Prize - All rights reserved.


Transactive Energy; Energy Trading; Smart Grid; Cost Optimization; Photovoltaic

Full Text:



Sarda, Jigar, et al. Energy Management System of Microgrid using Optimization Approach. IFAC-PapersOnLine, vol. 55, no. 9, pp. 280-284,2022

D. Gielen, F. Boshell, D. Saygin, M. D. Bazilian, N. Wagner, and R. Gorini, The role of renewable energy in the global energy transformation, Energy Strategy. Rev., vol. 24, no. June 2018, pp. 38-50, 2019.

Langer J, Quist J, Blok K. Review of Renewable Energy Potentials in Indonesia and Their Contribution to a 100% Renewable Electricity System. Energies. 2021; 14(21):7033.

R. Prăvălie, C. Patricia, and G. Bandoc, Spatial assessment of solar energy potential at the global scale. A geographical approach, J. Clean. Prod., vol. 209, pp. 692-721, 2019.

F. N. Haryadi, A. A. Simaremare, D. F. Hakam, I. A. Aditya, and I. Haryani, Strategies for Increasing the Use Rooftop PV in Indonesia, J. Dev. Econ., vol. 7, no. 1, pp. 70-83, 2022.

D. Wen, W. Gao, S. Kuroki, Q. Gu, and J. Ren, The effects of the new Feed-In Tariff Act for solar photovoltaic (PV) energy in the wake of the Fukushima accident in Japan, Energy Policy, vol. 156, no. November 2020.

Z. Zhao et al., Energy Transaction for Multi-Microgrids and Internal Microgrid Based on Blockchain, IEEE Access, vol. 8, pp. 144362-144372, 2020.

C. D. Iweh, S. Gyamfi, E. Tanyi, and E. Effah-Donyina, Distributed generation and renewable energy integration into the grid: Prerequisites, push factors, practical options, issues, and merits, Energies, vol. 14, no. 17, 2021.

Jian, Wei, et al. Blockchain-based smart microgrid power transaction model. IFAC-PapersOnLine, vol. 55, no. 11,pp. 126-131, 2022.

C. R. R. Dornellas, A. M. Leite da Silva, J. G. C. Costa, Z. S. Machado Jr, A. L. M. Marcato, and J. C. O. Mello, Toward a New Nodal Pricing Policy of the Brazilian Transmission System Considering Multiple Hydrological Scenarios, Int. Trans. Electr. Energy Syst., vol. 2022, pp. 1-12, 2022.

R. Korab, H. Kocot, and H. Majchrzak, Fixed transmission charges based on the degree of network utilization, Energies, vol. 14, no. 3, pp. 1-19, 2021.

Wang, Jian, et al. Cooperative Trading Mechanism and Satisfaction-Based Profit Distribution in a Multi-Energy Community. Frontiers in Energy Research, 2021.

Thitapars, S., Prukpanit, P., Leeprechanon, N. (2022). The Distribution Service Pricing for Third-Party Access to Preserve the Responsibility of National Distribution Service Operator in Thailand: The Case of Industrial Estates. International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies, 13(1), 13A1L, 1-18.

Li, Na et al. Cost allocation in integrated community energy systems - A review. Renewable and Sustainable Energy Reviews, vol. 144, 2021.

S. Shandilya, Z. Szymanski, S. K. Shandilya, I. Izonin, and K. K. Singh, Modeling and Comparative Analysis of Multi-Agent Cost Allocation Strategies Using Cooperative Game Theory for the Modern Electricity Market, Energies, vol. 15, no. 7, 2022.

J. Bushnell, A. Ibarra-Yúnez, and N. Pappas, Electricity transmission cost allocation and network efficiency: Implications for Mexico's liberalized power market, Util. Policy, vol. 59, no. March 2018, p. 100932, 2019.

T. Khatib, A. Bazyan, H. Assi, and S. Mathis, Palestine energy policy for a photovoltaic generation: Current status and what should be next?, Sustain., vol. 13, no. 5, pp. 1-19, 2021.

N. Choi, B. Lee, D. Kim, and S. Nam, Interaction boundary determination of renewable energy sources to estimate system strength using the power flow tracing strategy, Sustain., vol. 13, no. 3, pp. 1-13, 2021.

Zahid, Herman, et al. Multi-phase techno-economic framework for energy wheeling via generation capacity design of microgrids and virtual power plants. Energy Reports, vol. 8, 2022.

Avar, Ali, and Sheikh El-Eslami, Mohammad. A new benefit-based transmission cost allocation scheme based on capacity usage differentiation. Electric Power Systems Research, vol. 208, 2022.

Karimi, Maziar, et al. MW-mile recovery method in merchant transmission investment by generation companies. Electric Power Systems Research, vol. 175, 2019.

Benetti, Marcelo, et al. Novel dynamic framework to form transmission tariffs with suitable economic signals. Electric Power Systems Research, vol. 206, 2022.

S. Bhattacharya et al., Incentive Mechanisms for Smart Grid: State of the Art, Challenges, Open Issues, Future Directions, Big Data Cogn. Comput., vol. 6, no. 2, 2022.

İnce, Ender, and Güler, Mehmet. On the advantages of the new power-split infinitely variable transmission over conventional mechanical transmissions based on fuel consumption analysis. Journal of Cleaner Production, vol. 244, 2020.

D. Rachmawati and L. Gustin, Analysis of Dijkstra's Algorithm and A∗ Algorithm in Shortest Path Problem, J. Phys. Conf. Ser., vol. 1566, no. 1, 2020.

A. Baczynska and W. Niewiadomski, Power flow tracing for active congestion management in modern power systems, Energies, vol. 13, no. 18, 2020.

Raj, Puneet and Pal, Kirti. Green energy transaction assessment on individual customer based on power factor correction coefficient, International Journal of Emerging Electric Power Systems, vol. 23, no. 3, 2022.

Tranberg, Bo, et al. Real-time carbon accounting method for the European electricity markets. Energy Strategy Reviews, vol. 26, 2019.

A. K. Singh and C. S. Ozveren, A novel application of sensitivity factor (PTDF) for transmission pricing evaluation in a deregulated power market, Gazi Univ. J. Sci., vol. 33, no. 1, pp. 45-60, 2020.

An, Qingxian, et al. Fixed cost allocation based on the principle of efficiency invariance in two-stage systems. European Journal of Operational Research, vol. 283, no. 2, 2020, pp. 662-675.

M. R. Wayahdi, S. H. N. Ginting, and D. Syahputra, Greedy, A-Star, and Dijkstra's Algorithms in Finding Shortest Path, Int. J. Adv. Data Inf. Syst., vol. 2, no. 1, pp. 45-52, 2021.

M. Resende, J. Leal, and J. Simoni, Electricity demand in the iron ore industry: Evidence from Brazil, Econ. Bull., vol. 41, no. 3, pp. 929-937, 2021.

Mouwafi, Mohamed, et al. A two-stage method for optimal placement of distributed generation units and capacitors in distribution systems. Applied Energy, vol. 307, 2022.

Kwon, Tae. Policy mix of renewable portfolio standards, feed-in tariffs, and auctions in South Korea: Are three better than one?. Utilities Policy, vol. 64, 2020.


  • There are currently no refbacks.

Please send any question about this web site to
Copyright © 2005-2024 Praise Worthy Prize