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It is observed that users have higher requirements for fairness, transparency, and privacy of transactions of energy exchanges that occur across platforms like Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL). As a…

Cryptography and Security · Computer Science 2022-11-28 Atharv Bhadange , Rohan Doshi , Tanmay Karmarkar , Snehal Shintre

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 proposes a privacy-preserving and accountable billing (PA-Bill) protocol for trading in peer-to-peer energy markets, addressing situations where there may be discrepancies between the volume of energy committed and delivered.…

Cryptography and Security · Computer Science 2023-09-13 Kamil Erdayandi , Lucas C. Cordeiro , Mustafa A. Mustafa

With the sustained deployment of distributed generation capacities and the more proactive role of consumers, power systems and their operation are drifting away from a conventional top-down hierarchical structure. Electricity market…

Systems and Control · Computer Science 2018-09-25 Etienne Sorin , Lucien Bobo , Pierre Pinson

In this paper, we address the digitization of physical assets using blockchain technology focusing on energy and peer-to-peer trading on decentralized energy markets. Because they are forward markets and operate on a day-ahead timeline, the…

Distributed, Parallel, and Cluster Computing · Computer Science 2021-11-09 Liana Toderean , Claudia Antal , Marcel Antal , Dan Mitrea , Tudor Cioara , Ionut Anghel , Ioan Salomie

The continuous penetration of distributed energy resources (DER) in the electric power grid is driving a new paradigm shift towards transactive energy system (TES), an active and more sustainable system characterized by distributed…

Systems and Control · Electrical Eng. & Systems 2021-04-01 Fredmar Asarias , Michael Angelo Pedrasa

We present a hierarchical framework aimed at decentralizing the distribution systems market operations using localized peer-to-peer energy markets. Hierarchically designed decision-making algorithm approaches the power systems market…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-11-21 Sakshi Mishra , Roohallah Khatami , Yu Christine Chen

In the field of energy Internet, blockchain-based distributed energy trading mode is a promising way to replace the traditional centralized trading mode. However, the current power blockchain platform based on public chain has problems such…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-10-12 Lianghaojie Zhou , Youquan Xian , Yipeng Yang , Jianyong Jiang , Peng Liu , Xianxian Li

The advent of more proactive consumers, the so-called "prosumers", with production and storage capabilities, is empowering the consumers and bringing new opportunities and challenges to the operation of power systems in a market…

Computers and Society · Computer Science 2018-12-10 Tiago Sousa , Tiago Soares , Pierre Pinson , Fabio Moret , Thomas Baroche , Etienne Sorin

Large deployment of distribute energy resources and the increasing awareness of end-users towards their energy procurement are challenging current practices of electricity markets. A change of paradigm, from a top-down hierarchical approach…

Optimization and Control · Mathematics 2020-09-18 Fabio Moret , Andrea Tosatto , Thomas Baroche , Pierre Pinson

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

Power grids are undergoing major changes due to rapid growth in renewable energy resources and improvements in battery technology. While these changes enhance sustainability and efficiency, they also create significant management challenges…

Distributed, Parallel, and Cluster Computing · Computer Science 2017-09-28 Aron Laszka , Abhishek Dubey , Michael Walker , Douglas Schmidt

The popularization of distributed energy resources transforms end-users from consumers into prosumers. Inspired by the sharing economy principle, energy sharing markets for prosumers are proposed to facilitate the utilization of renewable…

Computer Science and Game Theory · Computer Science 2024-01-23 Yifan Su , Peng Yang , Kai Kang , Zhaojian Wang , Ning Qi , Tonghua Liu , Feng Liu

Peer-to-peer energy trading is emerging as a new paradigm that in the near future may disrupt conventional electricity markets and heavily affect energy exchanges in networks of microgrids. In this paper, a preference mechanism is…

Systems and Control · Electrical Eng. & Systems 2019-09-17 Li Bai , Dimitri Thomopulos , Emanuele Crisostomi

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

Periodic double auctions (PDA) have applications in many areas such as in e-commerce, intra-day equity markets, and day-ahead energy markets in smart-grids. While the trades accomplished using PDAs are worth trillions of dollars, finding a…

Computer Science and Game Theory · Computer Science 2022-02-23 Sanjay Chandlekar , Easwar Subramanian , Sanjay Bhat , Praveen Paruchuri , Sujit Gujar

The deployment of distributed energy resources, combined with a more proactive demand side, is inducing a new paradigm in power system operation and electricity markets. Within a consumer-centric market framework, peer-to-peer approaches…

Systems and Control · Computer Science 2018-03-07 T. Baroche , P. Pinson , R. Le Goff Latimier. , H. Ben Ahmed

To facilitate responsive and cost-effective computing service delivery over edge networks, this paper investigates a novel two-stage double auction methodology via discovering an interesting idea of resource overbooking to overcome dynamic…

Computer Science and Game Theory · Computer Science 2025-10-14 Sicheng Wu , Minghui Liwang , Deqing Wang , Xianbin Wang , Chao Wu , Junyi Tang , Li Li , Xiaoyu Xia

Transactive energy plays a key role in the operation and energy management of future power systems. However, the conventional operational mechanism, which follows a centralized design, is often less secure, vulnerable to malicious…

Systems and Control · Electrical Eng. & Systems 2020-10-27 Qing Yang , Hao Wang

We consider users which may have renewable energy harvesting devices, or distributed generators. Such users can behave as consumer or producer (hence, we denote them as prosumers) at different time instances. A prosumer may sell the energy…

Computer Science and Game Theory · Computer Science 2018-04-24 Arnob Ghosh , Vaneet Aggarwal , Hong Wan
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