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Title: Peer-to-Peer Energy Trading and Grid Impact Studies in Smart Communities
The rise of peer-to-peer (P2P) marketplace paradigms has transformed existing marketplace models, but the extent to which this approach can be applied to the energy marketplace has yet to be considered. In this paper, we examine existing approaches taken in the application of a P2P paradigm to the energy marketplace, further presenting an approach towards facilitating an online P2P energy marketplace, implementing a prototype P2P web application named SolTrade. Furthermore, we submit initial statistics based on simulated transactions facilitated through the platform, which illustrate the physical impact of marketplace transactions on the energy grid. In particular, these results show that, as the number of users rises, the chance of overloading the grid rises, but the chance of the grid being unable to sustain itself without an external source of energy falls.  more » « less
Award ID(s):
1852002
PAR ID:
10147603
Author(s) / Creator(s):
; ; ; ;
Date Published:
Journal Name:
2020 International Conference on Computing, Networking and Communications (ICNC)
Page Range / eLocation ID:
674 to 678
Format(s):
Medium: X
Sponsoring Org:
National Science Foundation
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