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Peer-to-Peer energy trading in a Microgrid
Open accessAbstract
Peer-to-Peer (P2P) energy trading represents direct energy trading between peers, where energy from small-scale Distributed Energy Resources (DERs) in dwellings, offices, factories, etc, is traded among local energy prosumers and consumers. A hierarchical system architecture model was proposed to identify and categorize the key elements and technologies involved in P2P energy trading. A P2P energy trading platform was designed and P2P energy trading was simulated using game theory. Test results in a LV grid-connected Microgrid show that P2P energy trading is able to improve the local balance of energy generation and consumption. Moreover, the increased diversity of generation and load profiles of peers is able to further facilitate the balance.
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Cited by
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Blockchain for internet of things: a survey
Dai, H.-N., Zheng, Z., & Zhang, Y. (2019) · IEEE Internet of Things Journal · doi:10.1109/jiot.2019.2920987 · Cited by 1,246
Tushar, W., Yuen, C., Saha, T. K., Morstyn, T., Chapman, A. C., Alam, M. J. E., Hanif, S., & Poor, H. V. (2021) · Applied Energy · doi:10.1016/j.apenergy.2020.116131 · Cited by 523
Zhang, X., Shen, J., Saini, P. K., Lovati, M., Han, M., Huang, P., & Huang, Z. (2021) · Frontiers in Sustainable Cities · doi:10.3389/frsc.2021.663269 · Cited by 76
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Metadata
- Authors
- Zhang, C., Wu, J., Zhou, Y., Cheng, M., & Long, C.
- Venue
- Applied Energy
- Publisher
- Elsevier BV
- Published
- 2018-06
- Volume
- 220
- Pages
- 1-12
- ISSN
- 0306-2619 (ISSN-L)
- OpenAlex
- W2791029640
- Cited by
- 912
- References
- 0
- FWCI
- 37.44
- Type
- journal article
- Language
- en
- Open access
- hybrid
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