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Development of a multi-community peer-to-peer electricity trading mechanism

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  • معلومة اضافية
    • Contributors:
      Spezi, Emiliano; Bray, Michaela
    • بيانات النشر:
      Cardiff University Press
    • الموضوع:
      2024
    • Collection:
      Cardiff University: ORCA (Online Research @ Cardiff)
    • نبذة مختصرة :
      Peer-to-peer electricity trading allows individual energy producers and consumers to trade electricity directly with one another. They can be managed as a single unit in the form of an energy community. However, in this study, a multi-community peer-to-peer electricity trading mechanism was developed to enable excess electricity from renewable sources to be traded between multiple communities. For this purpose, two energy communities were considered, in which there are generation and storage technologies such as PV panels, wind turbines, energy storage systems, and flexible and non-flexible loads. A Bill Sharing method was adopted to determine the price of electricity traded between different peers within each community and between the two communities and the suppliers. The efficacy of the proposed peer-to-peer electricity trading in decreasing the cost of satisfying the electricity demand in the communities was investigated. The proposed model reduces the average daily electricity costs by 64% compared with the case without peer-to-peer electricity trading.
    • File Description:
      application/pdf
    • Relation:
      https://orca.cardiff.ac.uk/id/eprint/169703/1/proceedings-of-the-cardiff-university-school-of-engineering-research-conference-2023-34-development-of-a-multi-community-peer-to-peer-elec.pdf; Shafiekhani, Morteza https://orca.cardiff.ac.uk/view/cardiffauthors/A2732320H.html, Qadrdan, Meysam https://orca.cardiff.ac.uk/view/cardiffauthors/A1430554.html orcid:0000-0001-6167-2933 orcid:0000-0001-6167-2933, Zhou, Yue https://orca.cardiff.ac.uk/view/cardiffauthors/A2273361N.html orcid:0000-0002-6698-4714 orcid:0000-0002-6698-4714 and Wu, Jianzhong https://orca.cardiff.ac.uk/view/cardiffauthors/A131368Q.html orcid:0000-0001-7928-3602 orcid:0000-0001-7928-3602 2024. Development of a multi-community peer-to-peer electricity trading mechanism. Presented at: Cardiff University Engineering Research Conference 2023, Cardiff, UK, 12-14 July 2023. Published in: Spezi, Emiliano and Bray, Michaela eds. Proceedings of the Cardiff University Engineering Research Conference 2023. Cardiff: Cardiff University Press, pp. 148-152. 10.18573/conf1.ah https://doi.org/10.18573/conf1.ah file https://orca.cardiff.ac.uk/id/eprint/169703/1/proceedings-of-the-cardiff-university-school-of-engineering-research-conference-2023-34-development-of-a-multi-community-peer-to-peer-elec.pdf
    • الرقم المعرف:
      10.18573/conf1.ah
    • الدخول الالكتروني :
      https://doi.org/10.18573/conf1.ah
      https://orca.cardiff.ac.uk/id/eprint/169703/
      https://orca.cardiff.ac.uk/id/eprint/169703/1/proceedings-of-the-cardiff-university-school-of-engineering-research-conference-2023-34-development-of-a-multi-community-peer-to-peer-elec.pdf
    • Rights:
      cc_by_nc_nd_4_0
    • الرقم المعرف:
      edsbas.DA62333F