Goal-Based Automation of Peer-to-Peer Electricity Trading

Jordan Murkin (), Ruzanna Chitchyan () and David Ferguson ()
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Jordan Murkin: University of Leicester
Ruzanna Chitchyan: University of Leicester
David Ferguson: EDF Energy

A chapter in From Science to Society, 2018, pp 139-151 from Springer

Abstract: Abstract As the uptake of microgeneration increases, the centralised model of electricity generation will be significantly altered. One of the new models that is being investigated is the notion of a peer-to-peer electricity market in which prosumers can market their electricity exports to any other household. This paper investigates this model and proposes a new algorithm for automating the sale and purchase of electricity in this market aiming to optimise the market while providing increased control to householders.

Keywords: P2P electricity trading; Trading automation; Goal optimisation (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prochp:978-3-319-65687-8_13

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DOI: 10.1007/978-3-319-65687-8_13

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