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Investigating the impact of P2P trading on power losses in grid-connected networks with prosumers

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  • Azim, M. Imran
  • Tushar, Wayes
  • Saha, Tapan K.

Abstract

The extensive financial benefit that a prosumer can reap from participating in P2P trading has been shown to be unprecedented by many recent studies. However, since the actual transfer of electricity occurs over the physical network, a key question that yet to answer is: what is the repercussion of P2P trading on the power losses in grid-connected electricity networks? To this end, this paper presents a detailed physical layer analysis of P2P trading to investigate its impact on the network losses. In this paper, P2P transaction losses is defined as one part of network losses and a strategy is proposed to trace P2P transaction losses using effective nodes’ area concept. The other portion of network losses is labelled as grid contributed losses incurred due to the power supplied by the grid to satisfy other customers within and outside effective nodes’ area. Finally, this paper utilises IEEE 8500-node distribution test feeder to capture the large-scale performance of P2P trading in comparison with the existing case, in which there is no P2P trading. Several case studies are considered and the first category of simulation results demonstrate that the P2P transactions do not change the network losses, compared to the non-P2P scenario, if prosumers do not have power dispatch flexibility. Further, It is observed from the second category of simulation results that flexible power dispatch of P2P prosumers can change the network losses at some time instants of a typical day. However, the variation in 24 h network losses between P2P and non-P2P cases is found to be insignificant for a large-sized distribution network with notable residential customers for a typical sunny day.

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  • Azim, M. Imran & Tushar, Wayes & Saha, Tapan K., 2020. "Investigating the impact of P2P trading on power losses in grid-connected networks with prosumers," Applied Energy, Elsevier, vol. 263(C).
    • Handle: RePEc:eee:appene:v:263:y:2020:i:c:s0306261920301999
    DOI: 10.1016/j.apenergy.2020.114687
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    References listed on IDEAS

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    4. Dynge, Marthe Fogstad & Crespo del Granado, Pedro & Hashemipour, Naser & Korpås, Magnus, 2021. "Impact of local electricity markets and peer-to-peer trading on low-voltage grid operations," Applied Energy, Elsevier, vol. 301(C).
    5. Zhou, Yuekuan & Lund, Peter D., 2023. "Peer-to-peer energy sharing and trading of renewable energy in smart communities ─ trading pricing models, decision-making and agent-based collaboration," Renewable Energy, Elsevier, vol. 207(C), pages 177-193.
    6. Azim, M. Imran & Tushar, Wayes & Saha, Tapan K., 2021. "Cooperative negawatt P2P energy trading for low-voltage distribution networks," Applied Energy, Elsevier, vol. 299(C).
    7. Zhang, Yijie & Ma, Tao & Yang, Hongxing, 2022. "Grid-connected photovoltaic battery systems: A comprehensive review and perspectives," Applied Energy, Elsevier, vol. 328(C).
    8. Illia Diahovchenko & Lubov Petrichenko, 2022. "Comparative Analysis of Power Distribution Systems with Individual Prosumers Owing Photovoltaic Installations and Solar Energy Communities in Terms of Profitability and Hosting Capacity," Energies, MDPI, vol. 15(23), pages 1-20, November.
    9. Kristie Kaminski Küster & Daniel Gebbran & Alexandre Rasi Aoki & Germano Lambert-Torres & Daniel Navarro-Gevers & Patrício Rodolfo Impinisi & Cleverson Luiz da Silva Pinto, 2023. "Adoption of Local Peer-to-Peer Energy Markets: Technical and Economical Perspectives for Utilities," Energies, MDPI, vol. 16(5), pages 1-24, March.
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    11. Zheyuan Sun & Sara Tavakoli & Kaveh Khalilpour & Alexey Voinov & Jonathan Paul Marshall, 2024. "Barriers to Peer-to-Peer Energy Trading Networks: A Multi-Dimensional PESTLE Analysis," Sustainability, MDPI, vol. 16(4), pages 1-23, February.
    12. Henni, Sarah & Staudt, Philipp & Weinhardt, Christof, 2021. "A sharing economy for residential communities with PV-coupled battery storage: Benefits, pricing and participant matching," Applied Energy, Elsevier, vol. 301(C).
    13. Ovidiu Ivanov & Bogdan-Constantin Neagu & Gheorghe Grigoras & Florina Scarlatache & Mihai Gavrilas, 2021. "A Metaheuristic Algorithm for Flexible Energy Storage Management in Residential Electricity Distribution Grids," Mathematics, MDPI, vol. 9(19), pages 1-17, September.
    14. Filipe Bandeiras & Álvaro Gomes & Mário Gomes & Paulo Coelho, 2023. "Exploring Energy Trading Markets in Smart Grid and Microgrid Systems and Their Implications for Sustainability in Smart Cities," Energies, MDPI, vol. 16(2), pages 1-41, January.
    15. Ahsan, Syed M. & Khan, Hassan A. & Hassan, Naveed-ul & Arif, Syed M. & Lie, Tek-Tjing, 2020. "Optimized power dispatch for solar photovoltaic-storage system with multiple buildings in bilateral contracts," Applied Energy, Elsevier, vol. 273(C).
    16. Tushar, Wayes & Yuen, Chau & Saha, Tapan K. & Morstyn, Thomas & Chapman, Archie C. & Alam, M. Jan E. & Hanif, Sarmad & Poor, H. Vincent, 2021. "Peer-to-peer energy systems for connected communities: A review of recent advances and emerging challenges," Applied Energy, Elsevier, vol. 282(PA).
    17. Azim, M. Imran & Tushar, Wayes & Saha, Tapan K. & Yuen, Chau & Smith, David, 2022. "Peer-to-peer kilowatt and negawatt trading: A review of challenges and recent advances in distribution networks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 169(C).
    18. Francesca Andreolli & Chiara D'Alpaos & Peter Kort, 2023. "Does P2P Trading Favor Investments in PV-Battery Systems?," Working Papers 2023.02, Fondazione Eni Enrico Mattei.
    19. Esmat, Ayman & de Vos, Martijn & Ghiassi-Farrokhfal, Yashar & Palensky, Peter & Epema, Dick, 2021. "A novel decentralized platform for peer-to-peer energy trading market with blockchain technology," Applied Energy, Elsevier, vol. 282(PA).
    20. Hussain, Sadam & Azim, M. Imran & Lai, Chunyan & Eicker, Ursula, 2023. "New coordination framework for smart home peer-to-peer trading to reduce impact on distribution transformer," Energy, Elsevier, vol. 284(C).
    21. Janko, Samantha & Johnson, Nathan G., 2020. "Reputation-based competitive pricing negotiation and power trading for grid-connected microgrid networks," Applied Energy, Elsevier, vol. 277(C).

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