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Goal-Based Automation of Peer-to-Peer Electricity Trading

Research output: Chapter in Book/Report/Conference proceedingChapter in a book

Original languageEnglish
Title of host publicationFrom Science to Society
Subtitle of host publicationNew Trends in Environmental Informatics
Publisher or commissioning bodySpringer, Cham
Pages139-151
Number of pages13
ISBN (Electronic)9783319656878
ISBN (Print)9783319656861
DOIs
DatePublished - 25 Aug 2017

Publication series

NameProgress in IS

Abstract

As the uptake of microgeneration increases, the centralised model of electricity generation will be significantly altered. One of the new models that is being investigated is the notion of a peer-to-peer electricity market in which prosumers can market their electricity exports to any other household. This paper investigates this model and proposes a new algorithm for automating the sale and purchase of electricity in this market aiming to optimise the market while providing increased control to householders.

    Research areas

  • P2P electricity trading, Trading automation, Goal optimisation

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