Credit-Based Peer-to-Peer Electricity Trading in Energy Blockchain Environment

The peer-to-peer (P2P) trading of electricity is a recently developed type of transaction in the electricity system. In a P2P electricity trade, two equal market participants, in most cases prosumers, conclude a contract for the trade of electricity. This article provides a review of the legal context of P2P electricity trading, with a focus on European energy law. Furthermore, the article discusses the relation of P2P electricity trading to the phenomenon of the collaborative economy and to parallel technological developments taking place in the electricity system. We conclude that while the current state of European Union energy law might in principle allow P2P electricity trading, the lack of specific provisions is likely to cause issues in practice.

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Peer-to-peer electricity trading as an enabler of increased PV and EV ownership

Energy Conversion and Management ◽

10.1016/j.enconman.2021.114634 ◽

2021 ◽

Vol 245 ◽

pp. 114634

Author(s):

Timothy D. Hutty ◽

Alejandro Pena-Bello ◽

Siyuan Dong ◽

David Parra ◽

Rachael Rothman ◽

...

Keyword(s):

Peer To Peer ◽

Electricity Trading

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Distributed Peer-to-Peer Electricity Trading Considering Network Loss in a Distribution System

Energies ◽

10.3390/en12224318 ◽

2019 ◽

Vol 12 (22) ◽

pp. 4318 ◽

Cited By ~ 1

Author(s):

Jin Zhang ◽

Cungang Hu ◽

Changbao Zheng ◽

Tao Rui ◽

Weixiang Shen ◽

...

Keyword(s):

Distribution System ◽

Information Exchange ◽

Trading Volume ◽

Peer To Peer ◽

Nash Bargaining ◽

Bargaining Solution ◽

Limited Information ◽

Electricity Trading ◽

Network Losses ◽

Economic Interactions

In this paper, a distributed peer-to-peer (P2P) electricity trading model was proposed to study economic interactions between load aggregators (LAs) and microgrid operators (MGOs) considering network losses in a distribution system. In this model, the economic interactions among market participants were formulated as a Nash bargaining game, where LAs and MGOs can bargain with each other on the trading volume of electricity and payment. To achieve the Nash bargaining solution, the game was divided into two sub-problems: social welfare maximization and payment bargaining. Then, the alternating direction method of multipliers was used to solve the two sub-problems with limited information exchange. Finally, we tested the proposed model on a 12 × 12 km2 distribution system, and the results verify its effectiveness.

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Framework of locality electricity trading system for profitable peer‐to‐peer power transaction in locality electricity market

IET Smart Grid ◽

10.1049/iet-stg.2019.0131 ◽

2020 ◽

Vol 3 (3) ◽

pp. 318-330 ◽

Cited By ~ 1

Author(s):

Bokkisam Hanumantha Rao ◽

Saravana Loganathan Arun ◽

Manickavasagam Parvathy Selvan

Keyword(s):

Electricity Market ◽

Peer To Peer ◽

Trading System ◽

Electricity Trading

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