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Comparison of net-metering with peer-to-peer models using the grid and electric vehicles for the electricity exchange

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  • Soto, Esteban A.
  • Bosman, Lisa B.
  • Wollega, Ebisa
  • Leon-Salas, Walter D.

Abstract

Along with the exponential growth of distributed energy sources in the last decade, net-metering programs have expanded to encourage investment in renewable energy. However, several countries and some states in the United States are ending these programs. Therefore, it is needed to explore alternatives to net-metering programs to continue encouraging the adoption of renewable energies. In this paper, Peer-to-Peer (P2P) models are studied as viable options to net-metering. In particular, the evaluation and comparison of the net-metering model to two P2P models is proposed. The first P2P model uses the power grid for electricity exchange, and the other uses electric vehicles. Simulations of a 50 household microgrid with access to electric vehicles and photovoltaic generation were run to achieve this objective. Technical and economic indexes were established to measure the performance of the three models. The results indicate that the P2P model using the grid shows the best performance, followed by the P2P model using electric vehicles.

Suggested Citation

  • Soto, Esteban A. & Bosman, Lisa B. & Wollega, Ebisa & Leon-Salas, Walter D., 2022. "Comparison of net-metering with peer-to-peer models using the grid and electric vehicles for the electricity exchange," Applied Energy, Elsevier, vol. 310(C).
    • Handle: RePEc:eee:appene:v:310:y:2022:i:c:s0306261922000472
    DOI: 10.1016/j.apenergy.2022.118562
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    2. Agnieszka Joanna Drzymala & Ewa Korzeniewska, 2022. "Impact of the Self-Consumption of Electricity on the Profitability of the Investment into a Photovoltaic Installation: The Case of a Company in Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 316-332.
    3. Park, Jung-Sung & Kim, Seung Wan & Lee, Ji Woo, 2024. "P2P credit auction vs. net metering: Benefit analysis for prosumers under incremental block rate electricity tariff," Applied Energy, Elsevier, vol. 364(C).

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