Analysis of the Profit of Prosumers and Consumers Through P2P Power Trading Simulation Model Considering Real-time Trading Environment

This paper is about the analysis of economic profits from real-time P2P power trading between prosumer who directly produces, consume, and sell electricity with solar power generation facilities and consumers who consume only electricity. In this paper, we propose a power trading brokerage model tha...

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Bibliographic Details
Main Authors: Park, Daegeun, Park, Wanki
Format: Conference Proceeding
Language:English
Subjects:
Analytical models
Economics
Information and communication technology
P2P
Power demand
Power markets
Power Trading
Prosumer
Real-time systems
Renewable Energy
Simulation
Online Access:Request full text
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Summary:This paper is about the analysis of economic profits from real-time P2P power trading between prosumer who directly produces, consume, and sell electricity with solar power generation facilities and consumers who consume only electricity. In this paper, we propose a power trading brokerage model that controls power trading matching between prosumer and consumer in real-time and fabricate it as a simulation model. And through the simulator, we show how the P2P power trading model affects prosumer and consumer returns.
ISSN:2162-1241
DOI:10.1109/ICTC55196.2022.9952697