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Related papers: A P2P-dominant Distribution System Architecture

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Peer-to-peer trading is a next-generation energy management technique that economically benefits proactive consumers (prosumers) transacting their energy as goods and services. At the same time, peer-to-peer energy trading is also expected…

Multiagent Systems · Computer Science 2020-01-22 Wayes Tushar , Tapan K. Saha , Chau Yuen , David Smith , H. Vincent Poor

After a century of relative stability of the electricity industry, extensive deployment of distributed energy resources and recent advances in computation and communication technologies have changed the nature of how we consume, trade, and…

Distributed, Parallel, and Cluster Computing · Computer Science 2020-11-24 Wayes Tushar , Chau Yuen , Tapan Saha , Thomas Morstyn , Archie Chapman , M. Jan E Alam , Sarmad Hanif , H. Vincent Poor

This paper studies the applicability of peer-to-peer (P2P) energy trading in a grid-tied network. The main objectives are to understand the impact of the financial P2P energy trading on the network operation, and thus demonstrate the…

Systems and Control · Electrical Eng. & Systems 2019-09-12 M Imran Azim , S. A. Pourmousavi , Wayes Tushar , Tapan K. Saha

With the widespread adoption of Renewable Energy Sources (RESs) in low-voltage distribution systems, opportunities for energy trading among peers have emerged. In particular, the advent of distributed ledgers and blockchain technologies has…

Systems and Control · Electrical Eng. & Systems 2023-09-07 Saeed Nasiri

We develop a clearance and settlement model for Peer-to-Peer (P2P) energy trading in low-voltage networks. The model enables direct transactions between parties within an open and distributed system and integrates unused capacity while…

Optimization and Control · Mathematics 2024-08-01 Diana Vieira Fernandes , Nicolas Christin , Soummya Kar

This work focuses on the electric power market, comparing the status quo with the recent trend towards the increase in distributed self-generation capabilities by prosumers. Starting from the existing tension between the intrinsically…

Physics and Society · Physics 2020-03-30 Luca Mazzola , Alexander Denzler , Ramon Christen

The increasing uptake of distributed energy resources (DERs) in distribution systems and the rapid advance of technology have established new scenarios in the operation of low-voltage networks. In particular, recent trends in…

Systems and Control · Computer Science 2018-09-20 Jaysson Guerrero , Archie Chapman , Gregor Verbic

Peer-to-peer (P2P) energy trading and energy communities have garnered much attention over in recent years due to increasing investments in local energy generation and storage assets. However, the efficiency to be gained from P2P trading,…

Systems and Control · Electrical Eng. & Systems 2023-11-21 Ying Zhang , Valentin Robu , Sho Cremers , Sonam Norbu , Benoit Couraud , Merlinda Andoni , David Flynn , H. Vincent Poor

The development of distributed generation technology is endowing consumers the ability to produce energy and transforming them into "prosumers". This transformation shall improve energy efficiency and pave the way to a low-carbon future.…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-08-10 Yue Chen , Changhong Zhao

Energy management of buildings is of vital importance for the urban low-carbon transition. This paper proposes a sustainable energy cooperation framework for the building community by communication-efficient peer-to-peer transaction.…

Systems and Control · Electrical Eng. & Systems 2021-06-22 Cheng Lyu , Youwei Jia , Zhao Xu

While peer-to-peer energy trading has the potential to harness the capabilities of small-scale energy resources, a peer-matching process often overlooks power grid conditions, yielding increased losses, line congestion, and voltage…

Systems and Control · Electrical Eng. & Systems 2025-01-28 Hyun Joong Kim , Yong Hyun Song , Jip Kim

The transition to renewable energy is driving the rise of distributed multi-energy systems, in which individual energy hubs and prosumers (e.g., homes, industrial campuses) generate, store, and trade energy. Economic Model Predictive…

Systems and Control · Electrical Eng. & Systems 2025-04-09 Varsha Behrunani , Cara Koepele , Jared Miller , Ahmed Aboudonia , Philipp Heer , Roy S. Smith , John Lygeros

In this paper, the motivation to develop microgrids as an effective solution for the control of distribution networks with high level penetration of Distributed Energy Resources(DERs) is discussed. As many different control methods for…

Optimization and Control · Mathematics 2020-01-29 Hamada Almasalma , Jonas Engels , Geert Deconinck

As the penetration of distributed energy resources in the residential sector increases, the scope for sharing arrangements expands. We model a peer-to-peer rental market for rooftop solar and energy storage in the residential sector, with…

Computational Engineering, Finance, and Science · Computer Science 2018-09-18 Siddharth Patel , Ram Rajagopal

This paper presents a statistical analysis of the structure of Peer-to-Peer (P2P) social networks that captures social associations of distributed peers in resource sharing. Peer social networks appear to be mainly composed of pure resource…

Physics and Society · Physics 2007-05-23 Fang Wang , Yamir Moreno , Yaoru Sun

Peer-to-peer (P2P) energy trading, commonly recognized as a decentralized approach, has emerged as a popular way to better utilize distributed energy resources (DERs). In order to better manage this user-side decentralized approach from a…

Systems and Control · Electrical Eng. & Systems 2024-09-13 Hanyang Lin , Ye Guo , Firdous Ul Nazir , Jianguo Zhou , Chi Yung Chung , Nikos Hatziargyriou

As more and more distributed renewable energy resources are integrated to the grid, the traditional consumers have become the prosumers who can sell back their surplus energy to the others who are in energy shortage. This peer-to-peer (P2P)…

Computers and Society · Computer Science 2018-10-15 Van Hoa Nguyen , Yvon Besanger , Quoc Tuan Tran , Minh Tri Le

Significant cost reductions attract ever more households to invest in small-scale renewable electricity generation and storage. Such distributed resources are not used in the most effective way when only used individually, as sharing them…

Emerging Technologies · Computer Science 2024-01-25 Romaric Duvignau , Vincenzo Gulisano , Marina Papatriantafilou , Ralf Klasing

In smart energy communities, prosumers who both generate and consume energy play a crucial role in shaping energy management strategies. These communities use advanced platforms that enable prosumers to actively engage in the local…

Computational Engineering, Finance, and Science · Computer Science 2024-05-06 Atefeh Alirezazadeh , Vahid Disfani

Efforts to utilize 100% renewable energy in community microgrids require new approaches to energy markets and transactions to efficiently address periods of scarce energy supply. In this paper we contribute to the promising approach of…

Optimization and Control · Mathematics 2021-12-23 Jonathan Lee , Rodrigo Henriquez-Auba , Bala Kameshwar Poolla , Duncan S. Callaway
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