Related papers: Dynamic Operating Envelopes Embedded Peer-to-Peer-…
In this paper, we propose a bilateral peer-to-peer (P2P) energy trading scheme under single-contract and multi-contract market setups, both as an assignment game, and a special class of coalitional games. {The proposed market formulation…
Continuous integration of renewable energy sources into power networks is causing a paradigm shift in energy generation and distribution with regards to trading and control; the intermittent nature of renewable sources affects pricing of…
Utilizing distributed renewable and energy storage resources via peer-to-peer (P2P) energy trading has long been touted as a solution to improve energy system's resilience and sustainability. Consumers and prosumers (those who have energy…
Owing to the decreasing costs of distributed energy resources (DERs) as well as decarbonization policies, power systems are undergoing a modernization process. The large deployment of DERs together with internet of things (IoT) devices…
With exponential growth in distributed energy resources (DERs) coupled with at-capacity distribution grid infrastructure, prosumers cannot always export all extra power to the grid without violating technical limits. Consequently, a slew of…
Dynamic operating envelopes (DOEs), as a key enabler to facilitate DER integration, have attracted increasing attention in the past years. However, uncertainties, which may come from load forecast errors or inaccurate network parameters,…
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…
The diversity of prosumers' resources in energy communities can provide significant technical and economic benefits to both prosumers and the distribution system operator (DSO). To maximize these benefits, a coordination framework is…
In peer-to-peer (P2P) energy trading, a secured infrastructure is required to manage trade and record monetary transactions. A central server/authority can be used for this. But there is a risk of central authority influencing the energy…
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…
The examination of the maximum number of electric vehicles (EVs) that can be integrated into the distribution network (DN) without causing any operational incidents has become increasingly crucial as EV penetration rises. This issue can be…
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…
This paper introduces peer to peer (P2P) trading mechanisms based on decentralized Blockchain to facilitate retail electricity market for ever-increasing distributed energy resources (DERs). The Blockchain network supports fast and secure…
The growing adoption of electric vehicles (EVs) is increasing peak demand in distribution systems, which can threaten grid stability and reduce operational efficiency. Dynamic electricity pricing is a promising means of mitigating these…
This paper describes a method for computing price signals for prosumers, incentivizing them to adjust their consumption according to the constraints of the distribution grids to which they are connected, thereby preventing voltage…
Integration of distributed energy resources (DERs) at a residential level has given way to the development of a self-sufficient energy-resilient system and peer-to-peer (P2P) energy trading at a community level. Several researchers have…
The massive integration of uncertain distributed renewable energy resources into power systems raises power imbalance concerns. Peer-to-peer (P2P) energy trading provides a promising way to balance the prosumers' volatile energy power…
The smart grid incentivizes distributed agents with local generation (e.g., smart homes, and microgrids) to establish multi-agent systems for enhanced reliability and energy consumption efficiency. Distributed energy trading has emerged as…
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…
This paper demonstrates the value of power hardware-in-the-loop (PHIL) testing for the study of peer-to-peer (P2P) energy trading. P2P has emerged as a promising candidate for coordinating large numbers of distributed energy resources (DER)…