Peer-to-Peer Energy Trading, Towards an Integrated Technically Feasible and Socially Efficient Framework

Presentation in PriTEM workshop, March 22-23, 2023, by Meysam Aboutalebi from ITS, UiO

Abstract: The power system is facing a transition from its traditional hierarchical structure to a more decentralized model by introducing peer-to-peer (P2P) trading for local markets. The architecture of P2P energy trading consists of four layers, including the business model, control layer, ICT layer, and power grid layer. This architecture highly depends on the market mechanism in defining the nature of P2P energy trading, which can be classified into three categories: centralized, decentralized, and distributed. Every category has several advantages and disadvantages when it comes to real-world implementation. This analysis primarily aims to provide insights into the market design and technical perspectives of P2P energy trading under different categories. In addition, this presentation will summarize the cross-disciplinary factors through social and personal impacts of prosumers' decision-making and market legislation in the P2P energy trading frameworks. The upcoming discussion will pave the way for the transactive energy management scheme being developed in the PriTEM project to become feasible and widely accepted.

Bio of Meysam Aboutalebi: Meysam Aboutalebi holds his master's and bachelor's degrees in Electrical Engineering - Power Systems. His previous research was on resilience-oriented optimal operation of multi-microgrids under load and intermittent generation uncertainties. He has been a doctoral research fellow at the Department of Technology Systems at the University of Oslo since November 2022. His research focuses on developing a comprehensive optimization framework for integrating the cross-disciplinary aspects into the technical aspects of P2P electricity trading in distribution networks.