As a promising solution to address the“energy trilemma”confronting human society,peer-to-peer(P2P)energy trading has emerged and rapidly developed in recent years.When carrying out P2P energy trading,customers with ...As a promising solution to address the“energy trilemma”confronting human society,peer-to-peer(P2P)energy trading has emerged and rapidly developed in recent years.When carrying out P2P energy trading,customers with distributed energy resources(DERs)are able to directly trade and share energy with each other.This paper summarizes and analyzes the global development of P2P energy trading based on a comprehensive review of related academic papers,research projects,and industrial practice.Key aspects in P2P energy trading are identified and discussed,including market design,trading platforms,physical infrastructure and information and communication technology(ICT)infrastructure,social science perspectives,and policy.For each key aspect,existing research and practice are critically reviewed and insights for future development are presented.Comprehensive concluding remarks are provided at the end,summarizing the major findings and perspectives of this paper.P2P energy trading is a growing field with great potential and opportunities for both academia and industry across the world.展开更多
The emergence of prosumers in distribution systems has enabled competitive electricity markets to transition from traditional hierarchical structures to more decentralized models such as peer-to-peer(P2P)and community...The emergence of prosumers in distribution systems has enabled competitive electricity markets to transition from traditional hierarchical structures to more decentralized models such as peer-to-peer(P2P)and community-based(CB)energy transaction markets.However,the network usage charge(NUC)that prosumers pay to the electric power utility for network services is not adjusted to suit these energy transactions,which causes a reduction in revenue streams of the utility.In this study,we propose an NUC calculation method for P2P and CB transactions to address holistically economic and technical issues in transactive energy markets and distribution system operations,respectively.Based on the Nash bargaining(NB)theory,we formulate an NB problem for P2P and CB transactions to solve the conflicts of interest among prosumers,where the problem is further decomposed into two convex subproblems of social welfare maximization and payment bargaining.We then build the NUC calculation model by coupling the NB model and AC optimal power flow model.We also employ the Shapley value to allocate the NUC to consumers fairly for the NUC model of CB transactions.Finally,numerical studies on IEEE 15-bus and 123-bus distribution systems demonstrate the effectiveness of the proposed NUC calculation method for P2P and CB transactions.展开更多
This paper proposes an adaptive segmentation method as a market clearing mechanism for peer-to-peer(P2P)energy trading scheme with large number of market players.In the proposed method,market players participate in th...This paper proposes an adaptive segmentation method as a market clearing mechanism for peer-to-peer(P2P)energy trading scheme with large number of market players.In the proposed method,market players participate in the market by announcing their bids.In the first step,players are assigned to different segments based on their features,where the balanced k-means clustering method is implemented to form segments.These segments are formed based on the similarity between players,where the amount of energy for trade and its corresponding price are considered as features of players.In the next step,a distributed method is employed to clear the market in each segment without any need to private information of players.The novelty of this paper relies on developing an adaptive algorithm for dividing large number of market players into multiple segments to enhance scalability of the P2P trading by reducing data exchange and communication overheads.The proposed approach can be used along with any distributed method for market clearing.In this paper,two different structures including community-based market and decentralized bilateral trading market are used to demonstrate the efficacy of the proposed method.Simulation results show the beneficial properties of the proposed segmentation method.展开更多
With the growing penetration of distributed energy resources(DER)in distribution systems,the traditional utility dominated tariff-based business model may no longer meet the need for further development.As a result,th...With the growing penetration of distributed energy resources(DER)in distribution systems,the traditional utility dominated tariff-based business model may no longer meet the need for further development.As a result,the transformation from the traditional tariff-based business model to the emerging peer-to-peer energy trading model has been acknowledged by researchers and policy makers.In this paper,a two-stage peer-to-peer energy trading model is proposed while considering the role of the utility.Specifically,energy transactions between buyers and sellers are optimized in the first stage;the cleared transactions are submitted to the utility for approval in the second stage,which solves a transaction approval model to verify the transactions from the perspective of secure system operations.Indeed,certain transactions mav be disapproved to ensure that all network constraints,such as voltage and line flow limitations,are satisfied.In addition,a comprehensive trading tariff is designed to recover the hidden costs of the utility,such as those associated with network usage,system losses,and ancillary service provision.A modified 33-bus distribution system is adopted to verify the proposed model.展开更多
More customers are tending to install batteries with photovoltaic(PV), so they can better control their electricity bills. In this context, customers may be tempted to go offgrid at a substantial up-front cost, leadin...More customers are tending to install batteries with photovoltaic(PV), so they can better control their electricity bills. In this context, customers may be tempted to go offgrid at a substantial up-front cost, leading electricity companies into a death spiral, thereby raising electricity price further on those remaining on grid. Neighborhood energy markets can promote the sharing of locally generated renewable energy and encourage prosumers to stay on grid with financial incentives. A novel neighborhood energy trading(NET) mechanism is developed using the topology of existing radial distribution network to encourage sustainable energy sharing in neighborhood and encourage prosumers to stay on grid. This mechanism considers loss, congestion management, and voltage regulation, and it is scalable with low computation and communication overhead.An IEEE test system is used to validate the NET mechanism.The simulation shows that the price and flow results are obtained with fast computation speed(within 10 iterations) and with loss reflected, flow limit reinforced, and voltage regulated.This study proves that the economic demand-supply-based pricing mechanism can be applied effectively in distribution networks to help encourage more renewable energy sharing in sustainable neighborhood and avoid energy network death spiral.展开更多
基金the Horizon 2020 project P2P-SmarTest,EPSRC Supergen Hub on Energy Networks(EP/S00078X/1)and MISTRAL(EP/N017064/1).
文摘As a promising solution to address the“energy trilemma”confronting human society,peer-to-peer(P2P)energy trading has emerged and rapidly developed in recent years.When carrying out P2P energy trading,customers with distributed energy resources(DERs)are able to directly trade and share energy with each other.This paper summarizes and analyzes the global development of P2P energy trading based on a comprehensive review of related academic papers,research projects,and industrial practice.Key aspects in P2P energy trading are identified and discussed,including market design,trading platforms,physical infrastructure and information and communication technology(ICT)infrastructure,social science perspectives,and policy.For each key aspect,existing research and practice are critically reviewed and insights for future development are presented.Comprehensive concluding remarks are provided at the end,summarizing the major findings and perspectives of this paper.P2P energy trading is a growing field with great potential and opportunities for both academia and industry across the world.
基金supported in part by the Foundation of State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources(No.LAPS22015)in part by Shanghai Science and Technology Development Funds(No.22YF1429500)。
文摘The emergence of prosumers in distribution systems has enabled competitive electricity markets to transition from traditional hierarchical structures to more decentralized models such as peer-to-peer(P2P)and community-based(CB)energy transaction markets.However,the network usage charge(NUC)that prosumers pay to the electric power utility for network services is not adjusted to suit these energy transactions,which causes a reduction in revenue streams of the utility.In this study,we propose an NUC calculation method for P2P and CB transactions to address holistically economic and technical issues in transactive energy markets and distribution system operations,respectively.Based on the Nash bargaining(NB)theory,we formulate an NB problem for P2P and CB transactions to solve the conflicts of interest among prosumers,where the problem is further decomposed into two convex subproblems of social welfare maximization and payment bargaining.We then build the NUC calculation model by coupling the NB model and AC optimal power flow model.We also employ the Shapley value to allocate the NUC to consumers fairly for the NUC model of CB transactions.Finally,numerical studies on IEEE 15-bus and 123-bus distribution systems demonstrate the effectiveness of the proposed NUC calculation method for P2P and CB transactions.
文摘This paper proposes an adaptive segmentation method as a market clearing mechanism for peer-to-peer(P2P)energy trading scheme with large number of market players.In the proposed method,market players participate in the market by announcing their bids.In the first step,players are assigned to different segments based on their features,where the balanced k-means clustering method is implemented to form segments.These segments are formed based on the similarity between players,where the amount of energy for trade and its corresponding price are considered as features of players.In the next step,a distributed method is employed to clear the market in each segment without any need to private information of players.The novelty of this paper relies on developing an adaptive algorithm for dividing large number of market players into multiple segments to enhance scalability of the P2P trading by reducing data exchange and communication overheads.The proposed approach can be used along with any distributed method for market clearing.In this paper,two different structures including community-based market and decentralized bilateral trading market are used to demonstrate the efficacy of the proposed method.Simulation results show the beneficial properties of the proposed segmentation method.
基金supported in part by the U.S.National Science Foundation grants CNS-1915756 and ECCS-1952683。
文摘With the growing penetration of distributed energy resources(DER)in distribution systems,the traditional utility dominated tariff-based business model may no longer meet the need for further development.As a result,the transformation from the traditional tariff-based business model to the emerging peer-to-peer energy trading model has been acknowledged by researchers and policy makers.In this paper,a two-stage peer-to-peer energy trading model is proposed while considering the role of the utility.Specifically,energy transactions between buyers and sellers are optimized in the first stage;the cleared transactions are submitted to the utility for approval in the second stage,which solves a transaction approval model to verify the transactions from the perspective of secure system operations.Indeed,certain transactions mav be disapproved to ensure that all network constraints,such as voltage and line flow limitations,are satisfied.In addition,a comprehensive trading tariff is designed to recover the hidden costs of the utility,such as those associated with network usage,system losses,and ancillary service provision.A modified 33-bus distribution system is adopted to verify the proposed model.
基金supported in part by the Australian Research Council Discovery Project (No. 160102570)。
文摘More customers are tending to install batteries with photovoltaic(PV), so they can better control their electricity bills. In this context, customers may be tempted to go offgrid at a substantial up-front cost, leading electricity companies into a death spiral, thereby raising electricity price further on those remaining on grid. Neighborhood energy markets can promote the sharing of locally generated renewable energy and encourage prosumers to stay on grid with financial incentives. A novel neighborhood energy trading(NET) mechanism is developed using the topology of existing radial distribution network to encourage sustainable energy sharing in neighborhood and encourage prosumers to stay on grid. This mechanism considers loss, congestion management, and voltage regulation, and it is scalable with low computation and communication overhead.An IEEE test system is used to validate the NET mechanism.The simulation shows that the price and flow results are obtained with fast computation speed(within 10 iterations) and with loss reflected, flow limit reinforced, and voltage regulated.This study proves that the economic demand-supply-based pricing mechanism can be applied effectively in distribution networks to help encourage more renewable energy sharing in sustainable neighborhood and avoid energy network death spiral.