Journal ArticleDOI
A distributed Peer-to-Peer energy transaction method for diversified prosumers in Urban Community Microgrid System
TLDR
A novel distributed P2P energy transaction method based on the double auction market can achieve the coordination and complementarity of energy in the UCMS, promoting economic benefit, energy self-sufficiency, and renewable energySelf-consumption without sacrificing privacy preservation and robustness.About:
This article is published in Applied Energy.The article was published on 2020-02-15. It has received 113 citations till now. The article focuses on the topics: Energy market & Microgrid.read more
Citations
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Journal ArticleDOI
A novel decentralized platform for peer-to-peer energy trading market with blockchain technology
TL;DR: A new decentralized P2P energy trading platform that guarantees a near-optimally efficient market solution, preserves players’ privacy, and allows inter-temporal market products trading is developed.
Journal ArticleDOI
Peer-to-peer electricity trading in grid-connected residential communities with household distributed photovoltaic
Zhenpeng Li,Tao Ma +1 more
TL;DR: In this article, the authors study the impact of trading strategies, determinants of trading quantity and price, and further factors affecting improvement in community energy welfare in P2P electricity trading.
Journal ArticleDOI
Decentralized optimal operation model for cooperative microgrids considering renewable energy uncertainties
TL;DR: A two-stage adjustable robust optimization model is devised to coordinate the power exchange between the DS and MGs, the demand response, the output of controlled distributed generations, and the charging/discharging behavior of energy storage system (ESS) to solve the renewable energy uncertainties in each MG.
Journal ArticleDOI
Framework design and optimal bidding strategy for ancillary service provision from a peer-to-peer energy trading community
TL;DR: In this paper, a framework was proposed to enable ancillary service provision from a P2P energy trading community, creating additional value for both customers in the community and power systems.
Journal ArticleDOI
Peer-to-peer, community self-consumption, and transactive energy: A systematic literature review of local energy market models
Timothy Capper,Anna Gorbatcheva,Mustafa A. Mustafa,Mohamed Bahloul,Jan Marc Schwidtal,Ruzanna Chitchyan,Merlinda Andoni,Valentin Robu,Mehdi Montakhabi,Ian J. Scott,Christina Francis,Tanaka Mandy Mbavarira,Juan Espana,Lynne Kiesling +13 more
TL;DR: In this article , a review of 139 peer-reviewed journal articles examines the market designs used in these energy trading models and identifies five evidence gaps which require future research before these markets could be widely adopted, including the lack of: consideration of physical constraints; a holistic approach to market design and operation; consideration about how these market designs will scale; consideration of information security; and, consideration of market participant privacy.
References
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Journal ArticleDOI
Security and Privacy in Decentralized Energy Trading Through Multi-Signatures, Blockchain and Anonymous Messaging Streams
TL;DR: This paper has implemented a proof-of-concept for decentralized energy trading system using blockchain technology, multi-signatures, and anonymous encrypted messaging streams, enabling peers to anonymously negotiate energy prices and securely perform trading transactions.
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Peer-to-Peer energy trading in a Microgrid
TL;DR: Test results in a LV grid-connected Microgrid show that P2P energy trading is able to improve the local balance of energy generation and consumption and the increased diversity of generation and load profiles of peers is ability to further facilitate the balance.
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A blockchain-based smart grid: towards sustainable local energy markets
TL;DR: This work provides energy prosumers and consumers with a decentralized market platform for trading local energy generation without the need of a central intermediary and presents a preliminary economic evaluation of the market mechanism and a research agenda for the technological evaluation of blockchain technology as the local energy market’s main information and communication technology.
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An Optimal Power Scheduling Method for Demand Response in Home Energy Management System
TL;DR: This research combines RTP with the inclining block rate (IBR) model and proposes an efficient scheduling method for home power usage that would effectively reduce both the electricity cost and PAR, thereby, strengthening the stability of the entire electricity system.
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Energy-Sharing Model With Price-Based Demand Response for Microgrids of Peer-to-Peer Prosumers
TL;DR: For microgrids of peer-to-peer PV prosumers, an energy-sharing model with price-based demand response is proposed and the effectiveness of the method is verified in terms of saving PV pros consumers’ costs and improving the sharing of the PV energy.