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The increasing penetration of intermittent renewables, storage devices, and flexible loads is introducing operational challenges in distribution grids. The proper coordination and scheduling of these resources using a distributed approach…

Peer-to-peer (P2P) energy systems have recently emerged as a promising approach for integrating renewable and distributed energy resources into energy grids to reduce carbon emissions. However, market-clearing energy price and amounts,…

Systems and Control · Electrical Eng. & Systems 2021-11-03 Dinh Hoa Nguyen

We study Pareto optimality in a decentralized peer-to-peer risk-sharing market where agents' preferences are represented by robust distortion risk measures that are not necessarily convex. We obtain a characterization of Pareto-optimal…

Risk Management · Quantitative Finance 2025-10-08 Mario Ghossoub , Michael B. Zhu , Wing Fung Chong

This paper studies how to aggregate prosumers (or large consumers) and their collective decisions in electricity markets, with a focus on fairness. Fairness is essential for prosumers to participate in aggregation schemes. Some prosumers…

Optimization and Control · Mathematics 2024-09-02 Zoé Fornier , Vincent Leclère , Pierre Pinson

The development of distributed energy resources, such as rooftop photovoltaic (PV) panels, batteries, and electric vehicles (EVs), has decentralized our power system operation, where transactive energy markets empower local energy…

Systems and Control · Electrical Eng. & Systems 2022-06-29 Yue Chen , Yu Yang , Xiaoyuan Xu

Farm businesses are increasingly adopting renewables to enhance energy efficiency and reduce reliance on fossil fuels and the grid. This shift aims to decrease dairy farms' dependence on traditional electricity grids by enabling the sale of…

Artificial Intelligence · Computer Science 2024-05-22 Mian Ibad Ali Shah , Enda Barrett , Karl Mason

This paper proposes an optimal strategy for a Renewable Energy Community participating in the Italian pay-as-bid ancillary service market. The community is composed by a group of residential customers sharing a common facility equipped with…

Systems and Control · Electrical Eng. & Systems 2023-11-22 F. Conte , S. Massucco , G. Natrella , M. Saviozzi , F. Silvestro

While the importance of peer influences has been demonstrated in several studies, little is known about the underlying mechanisms of active peer effects in residential photovoltaic (PV) diffusion. Empirical evidence indicates that the…

General Economics · Economics 2021-05-04 Fabian Scheller , Sören Graupner , James Edwards , Jann Weinand , Thomas Bruckner

Emerging collaborative Peer-to-Peer (P2P) systems require discovery and utilization of diverse, multi-attribute, distributed, and dynamic groups of resources to achieve greater tasks beyond conventional file and processor cycle sharing.…

Distributed, Parallel, and Cluster Computing · Computer Science 2012-07-10 H. M. N. Dilum Bandara , Anura P. Jayasumana

As pressures to decarbonize the electricity grid increase, the grid edge is witnessing a rapid adoption of distributed and renewable generation. As a result, traditional methods for reactive power management and compensation may become…

Optimization and Control · Mathematics 2024-04-04 Adam Potter , Rabab Haider , Giulio Ferro , Michela Robba , Anuradha M. Annaswamy

Extreme events, exacerbated by climate change, pose significant risks to the energy system and its consumers. However there are natural limits to the degree of protection that can be delivered from a centralised market architecture.…

General Economics · Economics 2023-02-06 Farhad Billimoria , Filiberto Fele , Iacopo Savelli , Thomas Morstyn , Malcolm McCulloch

The shift towards an energy Grid dominated by prosumers (consumers and producers of energy) will inevitably have repercussions on the distribution infrastructure. Today it is a hierarchical one designed to deliver energy from large scale…

Physics and Society · Physics 2015-03-19 Giuliano Andrea Pagani , Marco Aiello

Renewable distributed energy resources (DERs) have the potential to provide multi-location electricity consumers (MLECs) with electricity at prices lower than those offered by the grid using behind-the-meter advantages. This study examines…

Computer Science and Game Theory · Computer Science 2023-10-24 Sara Mollaeivaneghi , Julia Barbosa , Florian Steinke

Distributed energy resources (DERs), such as rooftop solar panels, are growing rapidly and are reshaping power systems. To promote DERs, feed-in-tariff (FIT) is usually adopted by utilities to pay DER owners certain fixed rates for…

Systems and Control · Electrical Eng. & Systems 2020-02-24 Zibo Zhao , Andrew L. Liu

A model, applicable to a range of innovation diffusion applications with a strong peer to peer component, is developed and studied, along with methods for its investigation and analysis. A particular application is to individual households…

Adaptation and Self-Organizing Systems · Physics 2019-10-03 Nicholas J. McCullen , Alastair M. Rucklidge , Catherine S. E. Bale , Tim J. Foxon , William F. Gale

Peer to peer networks will become an increasingly important distribution channel for consumer information goods and may play a role in the distribution of information within corporations. Our research analyzes optimal membership rules for…

Computers and Society · Computer Science 2007-05-23 Atip Asvanund , Karen Clay , Ramayya Krishnan , Michael Smith

Many-to-one matching markets exist in numerous different forms, such as college admissions, matching medical interns to hospitals for residencies, assigning housing to college students, and the classic firms and workers market. In all these…

Social and Information Networks · Computer Science 2011-07-25 Elizabeth Bodine-Baron , Christina Lee , Anthony Chong , Babak Hassibi , Adam Wierman

Shared energy storage systems (ESS) present a promising solution to the temporal imbalance between energy generation from renewable distributed generators (DGs) and the power demands of prosumers. However, as DG penetration rates rise,…

Systems and Control · Electrical Eng. & Systems 2025-01-09 Yingcong Sun , Laijun Chen , Yue Chen , Mingrui Tang , Shengwei Mei

The integration of renewable energy resources in rural areas, such as dairy farming communities, enables decentralized energy management through Peer-to-Peer (P2P) energy trading. This research highlights the role of P2P trading in…

Artificial Intelligence · Computer Science 2025-12-01 Mian Ibad Ali Shah , Marcos Eduardo Cruz Victorio , Maeve Duffy , Enda Barrett , Karl Mason

Many "sharing economy" platforms, such as Uber and Airbnb, have become increasingly popular, providing consumers with more choices and suppliers a chance to make profit. They, however, have also brought about emerging issues regarding…

Computers and Society · Computer Science 2017-09-25 Qing Ke