State-of-the-art analysis and perspectives for peer-to-peer energy trading

Zhou, Yue ORCID: https://orcid.org/0000-0002-6698-4714, Wu, Jianzhong ORCID: https://orcid.org/0000-0001-7928-3602, Long, Chao ORCID: https://orcid.org/0000-0002-5348-8404 and Ming, Wenlong ORCID: https://orcid.org/0000-0003-1780-7292 2020. State-of-the-art analysis and perspectives for peer-to-peer energy trading. Engineering 6 (7) , pp. 739-753. 10.1016/j.eng.2020.06.002

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Abstract

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.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Engineering
Publisher:	Engineering Sciences Press
ISSN:	2095-8099
Funders:	European Comission; EPSRC
Date of First Compliant Deposit:	11 June 2020
Date of Acceptance:	8 June 2020
Last Modified:	06 May 2023 00:37
URI:	https://orca.cardiff.ac.uk/id/eprint/132357

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