LAPSE:2023.18267
Published Article

LAPSE:2023.18267
Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration
March 7, 2023
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.
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.
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Keywords
blockchain, cooperative mechanism, distributed energy resources (DER), multi agent system, P2P energy trading, Renewable and Sustainable Energy
Subject
Suggested Citation
Takeda Y, Nakai Y, Senoo T, Tanaka K. Designing a User-Centric P2P Energy Trading Platform: A Case Study—Higashi-Fuji Demonstration. (2023). LAPSE:2023.18267
Author Affiliations
Takeda Y: Graduate School of Engineering, The University of Tokyo, 7-3-1 Hongo, Bunkyō, Tokyo 113-8654, Japan; TRENDE Inc., 1-16-7 Higashikanda, Chiyoda City, Tokyo 101-0031, Japan [ORCID]
Nakai Y: TRENDE Inc., 1-16-7 Higashikanda, Chiyoda City, Tokyo 101-0031, Japan
Senoo T: TRENDE Inc., 1-16-7 Higashikanda, Chiyoda City, Tokyo 101-0031, Japan
Tanaka K: Graduate School of Engineering, The University of Tokyo, 7-3-1 Hongo, Bunkyō, Tokyo 113-8654, Japan
Nakai Y: TRENDE Inc., 1-16-7 Higashikanda, Chiyoda City, Tokyo 101-0031, Japan
Senoo T: TRENDE Inc., 1-16-7 Higashikanda, Chiyoda City, Tokyo 101-0031, Japan
Tanaka K: Graduate School of Engineering, The University of Tokyo, 7-3-1 Hongo, Bunkyō, Tokyo 113-8654, Japan
Journal Name
Energies
Volume
14
Issue
21
First Page
7289
Year
2021
Publication Date
2021-11-03
ISSN
1996-1073
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Original Submission
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PII: en14217289, Publication Type: Journal Article
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LAPSE:2023.18267
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https://doi.org/10.3390/en14217289
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