The power system landscape has evolved from isolated end-users to interactive communities due to advances in information and communication technologies. This paper explores peer-to-peer energy (P2PE) trading and sharing within a community, where customer incentives for energy exchange enhance collective profits. A two-stage optimization (TSO) framework is proposed: the first stage determines customer participation in P2PE, balancing individual and collective benefits, while the second stage optimizes economic aspects of P2P trading using a payment bargaining model. A case study demonstrates significant cost reductions and improved renewable energy utilization, with notable profit increments for participants. The study highlights the effectiveness of Nash bargaining theory and privacy-preserving algorithms in optimizing social welfare and economic interactions. Limitations include a focus on wind energy and simplified assumptions about energy storage. Future research should incorporate diverse renewable sources, dynamic modeling, and multi-community interactions.
Read full abstract