6,036 research outputs found
Transforming Energy Networks via Peer to Peer Energy Trading: Potential of Game Theoretic Approaches
Peer-to-peer (P2P) energy trading has emerged as a next-generation energy
management mechanism for the smart grid that enables each prosumer of the
network to participate in energy trading with one another and the grid. This
poses a significant challenge in terms of modeling the decision-making process
of each participant with conflicting interest and motivating prosumers to
participate in energy trading and to cooperate, if necessary, for achieving
different energy management goals. Therefore, such decision-making process
needs to be built on solid mathematical and signal processing tools that can
ensure an efficient operation of the smart grid. This paper provides an
overview of the use of game theoretic approaches for P2P energy trading as a
feasible and effective means of energy management. As such, we discuss various
games and auction theoretic approaches by following a systematic classification
to provide information on the importance of game theory for smart energy
research. Then, the paper focuses on the P2P energy trading describing its key
features and giving an introduction to an existing P2P testbed. Further, the
paper zooms into the detail of some specific game and auction theoretic models
that have recently been used in P2P energy trading and discusses some important
finding of these schemes.Comment: 38 pages, single column, double spac
COIN@AAMAS2015
COIN@AAMAS2015 is the nineteenth edition of the series and the fourteen papers included in these proceedings demonstrate the vitality of the community and will provide the grounds for a solid workshop program and what we expect will be a most enjoyable and enriching debate.Peer reviewe
A Classification Scheme for Local Energy Trading
The current trend towards more renewable and sustainable energy generation
leads to an increased interest in new energy management systems and the concept
of a smart grid. One important aspect of this is local energy trading, which is
an extension of existing electricity markets by including prosumers, who are
consumers also producing electricity. Prosumers having a surplus of energy may
directly trade this surplus with other prosumers, which are currently in
demand. In this paper, we present an overview of the literature in the area of
local energy trading. In order to provide structure to the broad range of
publications, we identify key characteristics, define the various settings, and
cluster the considered literature along these characteristics. We identify
three main research lines, each with a distinct setting and research question.
We analyze and compare the settings, the used techniques, and the results and
findings within each cluster and derive connections between the clusters. In
addition, we identify important aspects, which up to now have to a large extent
been neglected in the considered literature and highlight interesting research
directions, and open problems for future work.Comment: 38 pages, 1 figure, This work has been submitted and accepted at OR
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