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Related papers: Bilateral Peer-to-Peer Energy Trading via Coalitio…

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In this paper, we propose a bilateral peer-to-peer (P2P) energy trading scheme for residential prosumers with a simplified entry to the market. We formulate the market as an assignment game, a special class of coalitional games. For solving…

Systems and Control · Electrical Eng. & Systems 2023-01-25 A. A. Raja , S. Grammatico

This paper explores the feasibility of social cooperation between prosumers within an energy network in establishing their sustainable participation in peer-to-peer (P2P) energy trading. In particular, a canonical coalition game (CCG) is…

Computer Science and Game Theory · Computer Science 2018-10-01 Wayes Tushar , Tapan Kumar Saha , Chau Yuen , Paul Liddell , Richard Bean , H. Vincent Poor

Peer-to-peer (P2P) energy trading has emerged as a next-generation energy management mechanism for the smart grid that enables each prosumer of the network to participate in energy trading with one another and the grid. This poses a…

Signal Processing · Electrical Eng. & Systems 2018-08-01 Wayes Tushar , Chau Yuen , Hamed Mohsenian-Rad , Tapan Saha , H. Vincent Poor , Kristin L Wood

This paper proposes a peer-to-peer energy trading scheme that can help the centralized power system to reduce the total electricity demand of its customers at the peak hour. To do so, a cooperative Stackelberg game is formulated, in which…

Systems and Control · Electrical Eng. & Systems 2019-08-27 Wayes Tushar , Tapan Kumar Saha , Chau Yuen , Thomas Morstyn , Nahid-Al-Masood , H. Vincent Poor , Richard Bean

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

With the rapid development of distributed energy resources, increasing number of residential and commercial users have been switched from pure electricity consumers to prosumers that can both consume and produce energy. To properly manage…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-09-15 Bing Liu , Furan Xie , Li Chai

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

Several autonomous energy management and peer-to-peer trading mechanisms for future energy markets have been recently proposed based on optimization and game theory. In this paper, we study the impact of trading prices on the outcome of…

Systems and Control · Electrical Eng. & Systems 2023-02-10 Varsha Behrunani , Andrew Irvine , Giuseppe Belgioioso , Philipp Heer , John Lygeros , Florian Dörfler

Peer-to-peer (P2P) energy trading is a promising market scheme to accommodate the increasing distributed energy resources (DERs). However, how P2P to be integrated into the existing power systems remains to be investigated. In this paper,…

Computational Engineering, Finance, and Science · Computer Science 2022-08-24 Yu Yang , Yue Chen , Guoqiang Hu , Costas J. Spanos

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

Peer-to-peer(P2P) energy trading may increase efficiency and reduce costs, but introduces significant challenges for network operators such as maintaining grid reliability, accounting for network losses, and redistributing costs equitably.…

Systems and Control · Electrical Eng. & Systems 2025-04-01 Varsha N. Behrunani , Philipp Heer , Roy S. Smith , John Lygeros

Peer-to-peer trading in energy networks is expected to be exclusively conducted by the prosumers of the network with negligible influence from the grid. This raises the critical question: how can enough prosumers be encouraged to…

Computer Science and Game Theory · Computer Science 2019-03-12 Wayes Tushar , Tapan Kumar Saha , Chau Yuen , Thomas Morstyn , Malcolm D. McCulloch , H. Vincent Poor , Kristin L. Wood

In future distribution grids, prosumers (i.e., energy consumers with storage and/or production capabilities) will trade energy with each other and with the main grid. To ensure an efficient and safe operation of energy trading, in this…

Systems and Control · Electrical Eng. & Systems 2022-06-14 Giuseppe Belgioioso , Wicak Ananduta , Sergio Grammatico , Carlos Ocampo-Martinez

This paper studies social cooperation backed peer-to-peer energy trading technique by which prosumers can decide how they can use their batteries opportunistically for participating in the peer-to-peer trading. The objective is to achieve a…

Signal Processing · Electrical Eng. & Systems 2020-01-24 Wayes Tushar , Tapan K. Saha , Chau Yuen , M. Imran Azim , Thomas Morstyn , H. Vincent Poor , Dustin Niyato , Richard Bean

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

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

This paper presents an automated peer-to-peer (P2P) negotiation strategy for settling energy contracts among prosumers in a Residential Energy Cooperative (REC) considering heterogeneous prosumer preferences. The heterogeneity arises from…

Multiagent Systems · Computer Science 2018-10-24 Shantanu Chakraborty , Tim Baarslag , Michael Kaisers

This paper designs a market platform for Peer-to-Peer (P2P) energy trading in Transactive Energy (TE) systems, where prosumers and consumers actively participate in the market as seller or buyer to trade energy. An auction-based approach is…

Computer Science and Game Theory · Computer Science 2019-07-30 Mohsen Khorasany , Yateendra Mishra , Gerard Ledwich

This paper proposes a differentially private energy trading mechanism for prosumers in peer-to-peer (P2P) markets, offering provable privacy guarantees while approaching the Nash equilibrium with nearly socially optimal efficiency. We first…

Computer Science and Game Theory · Computer Science 2024-10-22 Yuji Cao , Yue Chen

Lately, the energy communities have gained a lot of attention as they have the potential to significantly contribute to the resilience and flexibility of the energy system, facilitating widespread integration of intermittent renewable…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-09-06 Dan Mitrea , Viorica Chifu , Tudor Cioara , Ionut Anghel , Cristina Pop
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