arXiv · 2301.09745
A fair Peer-to-Peer Electricity Market model for Residential Prosumers
Abstract
In this paper, we propose a bilateral peer-to-peer (P2P) energy trading scheme for residential prosumers with a simplified entry to the market. We formulate the market as an assignment game, a special class of coalitional games. For solving the resulting decision problem, we design a bilateral negotiation mechanism that enables matched buyer-seller pairs to reach a consensus on a set of ``stable" and ``fair" trading contracts. The proposed negotiation process can be executed on possibly time-varying communication networks with virtually minimal information requirements that in turn preserves privacy among prosumers. Numerical simulations illustrate the beneficial features of our P2P market model and negotiation protocol.
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A. A. Raja, S. Grammatico. 2023-01-23. A fair Peer-to-Peer Electricity Market model for Residential Prosumers. https://arxiv.org/abs/2301.09745
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