Description
This proposal aims to design and simulate a series of peer-to-peer (P2P) business models for individual PV prosumers in a 'virtual' Swedish community. It will evaluate full processes of P2P electricity trading at the business layer, including bidding, exchanging and settlement. It will consider electricity/financial flows, ownership, trading rule and climate change in a local electricity market, using simulated load and PV generation profiles. Three different markets (local energy providers, local energy communities, and local energy markets) will be studied using agent-based modelling (non-cooperative game theory) for an optimal evaluation of net present values (NPV) of PV prosumers. Three results are expected: (1) a P2P energy trading tool for PV prosumers in communities, (2) optimal local market in Swedish context, and (3) resilience of a P2P local market.
This project will cover research gaps in: (1) evaluation of full P2P energy trading process on business layer at the micro-grid level, (2) agent-based fair pricing, and (3) impact of climate change on P2P market. This project can provide knowledge for stakeholders to design a fair, effective, economical and resilient P2P energy framework, towards energy surplus and climate neutrality in a PED.