Elsevier

Engineering

Volume 6, Issue 7, July 2020, Pages 739-753
Engineering

Research Smart Grid and Energy Internet—Review
State-of-the-Art Analysis and Perspectives for Peer-to-Peer Energy Trading

https://doi.org/10.1016/j.eng.2020.06.002Get rights and content
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Abstract

As a promising solution to address the “energy trilemma” confronting human society, peer-to-peer (P2P) energy trading has emerged and rapidly developed in recent years. When carrying out P2P energy trading, customers with distributed energy resources (DERs) are able to directly trade and share energy with each other. This paper summarizes and analyzes the global development of P2P energy trading based on a comprehensive review of related academic papers, research projects, and industrial practice. Key aspects in P2P energy trading are identified and discussed, including market design, trading platforms, physical infrastructure and information and communication technology (ICT) infrastructure, social science perspectives, and policy. For each key aspect, existing research and practice are critically reviewed and insights for future development are presented. Comprehensive concluding remarks are provided at the end, summarizing the major findings and perspectives of this paper. P2P energy trading is a growing field with great potential and opportunities for both academia and industry across the world.

Keywords

Peer-to-peer energy trading
Distributed energy resource
Local electricity market
Blockchain
Energy policy

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