Next Article in Journal
Energy and Acoustic Environmental Effective Approach for a Wind Farm Location
Next Article in Special Issue
Going for Derivatives or Forwards? Minimizing Cashflow Fluctuations of Electricity Transactions on Power Markets
Previous Article in Journal
Py-GC-MS Study on Catalytic Pyrolysis of Biocrude Obtained via HTL of Fruit Pomace
Previous Article in Special Issue
Comprehensive and Comparative Analysis of GAM-Based PV Power Forecasting Models Using Multidimensional Tensor Product Splines against Machine Learning Techniques
 
 
Font Type:
Arial Georgia Verdana
Font Size:
Aa Aa Aa
Line Spacing:
Column Width:
Background:
Article

Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration

1
Graduate School of Engineering, The University of Tokyo, 7-3-1 Hongo, Bunkyō, Tokyo 113-8654, Japan
2
TRENDE Inc., 1-16-7 Higashikanda, Chiyoda City, Tokyo 101-0031, Japan
*
Author to whom correspondence should be addressed.
Energies 2021, 14(21), 7289; https://doi.org/10.3390/en14217289
Submission received: 28 September 2021 / Revised: 18 October 2021 / Accepted: 26 October 2021 / Published: 3 November 2021
(This article belongs to the Special Issue Forecasting and Risk Management Techniques for Electricity Markets)

Abstract

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.
Keywords: distributed energy resources (DER); P2P energy trading; cooperative mechanism; renewable energy; multi agent system; blockchain distributed energy resources (DER); P2P energy trading; cooperative mechanism; renewable energy; multi agent system; blockchain

Share and Cite

MDPI and ACS Style

Takeda, Y.; Nakai, Y.; Senoo, T.; Tanaka, K. Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration. Energies 2021, 14, 7289. https://doi.org/10.3390/en14217289

AMA Style

Takeda Y, Nakai Y, Senoo T, Tanaka K. Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration. Energies. 2021; 14(21):7289. https://doi.org/10.3390/en14217289

Chicago/Turabian Style

Takeda, Yasuhiro, Yoichi Nakai, Tadatoshi Senoo, and Kenji Tanaka. 2021. "Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration" Energies 14, no. 21: 7289. https://doi.org/10.3390/en14217289

APA Style

Takeda, Y., Nakai, Y., Senoo, T., & Tanaka, K. (2021). Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration. Energies, 14(21), 7289. https://doi.org/10.3390/en14217289

Note that from the first issue of 2016, this journal uses article numbers instead of page numbers. See further details here.

Article Metrics

Back to TopTop