A Review of Peer-to-Peer Energy Trading with Standard Terminology Proposal and a Techno-Economic Characterisation Matrix

Nowadays decarbonisation of the energy system is one of the main concerns for most governments. Renewable energy technologies, such as rooftop photovoltaic systems and home battery storage systems, are changing the energy system to be more decentralised. As a consequence, new ways of energy business...

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Bibliographic Details
Published in:Energies (Basel) 2022-12, Vol.15 (23), p.9070
Main Authors: Domènech Monfort, Meritxell, De Jesús, César, Wanapinit, Natapon, Hartmann, Niklas
Format: Article
Language:English
Subjects:
Air quality management
Alternative energy sources
characterisation matrix
Classification
Climate change
Content analysis
Distributed ledger
Electricity
Electricity distribution
Energy
Energy industry
Energy management
Energy storage
Energy technology
Energy trading
entry barrier
Environmental aspects
Flexibility
Internet of Things
Literature reviews
local electricity markets
peer-to-peer energy trading
Photovoltaics
Renewable energy technologies
Renewable resources
Research projects
scalability potential
standard language
Storage systems
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Summary:Nowadays decarbonisation of the energy system is one of the main concerns for most governments. Renewable energy technologies, such as rooftop photovoltaic systems and home battery storage systems, are changing the energy system to be more decentralised. As a consequence, new ways of energy business models are emerging, e.g., peer-to-peer energy trading. This new concept provides an online marketplace where direct energy exchange can occur between its participants. The purpose of this study is to conduct a content analysis of the existing literature, ongoing research projects, and companies related to peer-to-peer energy trading. From this review, a summary of the most important aspects and journal papers is assessed, discussed, and classified. It was found that the different energy market types were named in various ways and a proposal for standard language for the several peer-to-peer market types and the different actors involved is suggested. Additionally, by grouping the most important attributes from peer-to-peer energy trading projects, an assessment of the entry barrier and scalability potential is performed by using a characterisation matrix.
ISSN:1996-1073
1996-1073
DOI:10.3390/en15239070