Abstract
Energy inflation and the need to de-carbonise and address existential climate change pressures, have focussed the attention of the international community upon ways to improve energy consumption and supply dynamics. Significantly improved efficiencies in electricity supply and consumption in both developed and less developed regions is possible through the digital transformation of electricity markets which apply automation and control solutions in new ways. One of the most promising solutions is peer-to-peer (P2P) energy market which enables prosumers, such as microgenerators who use solar PV but who must supplement this with electricity from other sources, to trade their solar-generated excess energy with their peers elsewhere in region. This paper is a global industry and academic survey of the current state of peer-to-peer energy trading projects world-wide, including a meta-analysis of the scholarship as well as project implementations. It draws conclusions as to current trends and future research for IFAC.
Original language | English |
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Pages (from-to) | 1-8 |
Number of pages | 8 |
Journal | IFAC-PapersOnLine |
Volume | 55 |
Issue number | 39 |
DOIs | |
Publication status | Published - 01 Oct 2022 |
Event | 21st IFAC Conference on Technology, Culture and International Stability, TECIS 2022 - Kosovo Duration: 26 Oct 2022 → 28 Oct 2022 |
Keywords
- Control
- energy markets
- Energy Systems
- New Technologies for the environment
- peer-to-peer energy trading
- Sustainable Design