Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration
Peer-to-peer (P2P) energy trading is gaining attention as a technology to effectively handle already existing distributed energy resources (DER). In order to manage a large number of DER, it is necessary to increase the number of P2P energy trading participants. For that, designing incentives for pa...
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| Format: | Article |
| Language: | English |
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MDPI AG
2021-11-01
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| Series: | Energies |
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| Online Access: | https://www.mdpi.com/1996-1073/14/21/7289 |
| _version_ | 1797512578417557504 |
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| author | Yasuhiro Takeda Yoichi Nakai Tadatoshi Senoo Kenji Tanaka |
| author_facet | Yasuhiro Takeda Yoichi Nakai Tadatoshi Senoo Kenji Tanaka |
| author_sort | Yasuhiro Takeda |
| collection | DOAJ |
| description | Peer-to-peer (P2P) energy trading is gaining attention as a technology to effectively handle already existing distributed energy resources (DER). In order to manage a large number of DER, it is necessary to increase the number of P2P energy trading participants. For that, designing incentives for participants to engage in P2P energy trading is important. This paper describes a user-centric cooperative mechanism that enhances user participation in P2P energy trading. The key components of this incentive for participants to engage in P2P energy trading are described and evaluated in this study. The goal of the proposal is to make it possible to conduct economic transactions while reflecting the preferences of the traders in the ordering process, making it possible to conduct transactions with minimal effort. As a case study, the Higashi-Fuji demonstration experiment conducted in Japan verified the proposed mechanism. In this experiment, 19 households and 9 plugin hybrid vehicles (PHV) were evaluated. As a result, the study confirmed that prosumers were able to sell their surplus electricity, and consumers were able to preferentially purchase renewable energy when it was available. In addition, those trades were made economically. All trades were made automatically, and this efficiency allowed the users to continue using the P2P energy trading. |
| first_indexed | 2024-03-10T06:02:46Z |
| format | Article |
| id | doaj.art-82c7632ae346463f9237dc266a147ad8 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T06:02:46Z |
| publishDate | 2021-11-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-82c7632ae346463f9237dc266a147ad82023-11-22T20:46:15ZengMDPI AGEnergies1996-10732021-11-011421728910.3390/en14217289Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji DemonstrationYasuhiro Takeda0Yoichi Nakai1Tadatoshi Senoo2Kenji Tanaka3Graduate School of Engineering, The University of Tokyo, 7-3-1 Hongo, Bunkyō, Tokyo 113-8654, JapanTRENDE Inc., 1-16-7 Higashikanda, Chiyoda City, Tokyo 101-0031, JapanTRENDE Inc., 1-16-7 Higashikanda, Chiyoda City, Tokyo 101-0031, JapanGraduate School of Engineering, The University of Tokyo, 7-3-1 Hongo, Bunkyō, Tokyo 113-8654, JapanPeer-to-peer (P2P) energy trading is gaining attention as a technology to effectively handle already existing distributed energy resources (DER). In order to manage a large number of DER, it is necessary to increase the number of P2P energy trading participants. For that, designing incentives for participants to engage in P2P energy trading is important. This paper describes a user-centric cooperative mechanism that enhances user participation in P2P energy trading. The key components of this incentive for participants to engage in P2P energy trading are described and evaluated in this study. The goal of the proposal is to make it possible to conduct economic transactions while reflecting the preferences of the traders in the ordering process, making it possible to conduct transactions with minimal effort. As a case study, the Higashi-Fuji demonstration experiment conducted in Japan verified the proposed mechanism. In this experiment, 19 households and 9 plugin hybrid vehicles (PHV) were evaluated. As a result, the study confirmed that prosumers were able to sell their surplus electricity, and consumers were able to preferentially purchase renewable energy when it was available. In addition, those trades were made economically. All trades were made automatically, and this efficiency allowed the users to continue using the P2P energy trading.https://www.mdpi.com/1996-1073/14/21/7289distributed energy resources (DER)P2P energy tradingcooperative mechanismrenewable energymulti agent systemblockchain |
| spellingShingle | Yasuhiro Takeda Yoichi Nakai Tadatoshi Senoo Kenji Tanaka Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration Energies distributed energy resources (DER) P2P energy trading cooperative mechanism renewable energy multi agent system blockchain |
| title | Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration |
| title_full | Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration |
| title_fullStr | Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration |
| title_full_unstemmed | Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration |
| title_short | Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration |
| title_sort | designing a user centric p2p energy trading platform a case study higashi fuji demonstration |
| topic | distributed energy resources (DER) P2P energy trading cooperative mechanism renewable energy multi agent system blockchain |
| url | https://www.mdpi.com/1996-1073/14/21/7289 |
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