A P2P-Dominant Distribution System Architecture

Jip Kim, Yury Dvorkin

Research output: Contribution to journalArticlepeer-review

Abstract

Peer-to-peer interactions between small-scale energy resources exploit distribution network infrastructure as an electricity carrier, but remain financially unaccountable to electric power utilities. This status-quo raises multiple challenges. First, peer-to-peer energy trading reduces the portion of electricity supplied to end-customers by utilities and their revenue streams. Second, utilities must ensure that peer-to-peer transactions comply with distribution network limits. This article proposes a peer-to-peer energy trading architecture, in two configurations, that couples peer-to-peer interactions and distribution network operations. The first configuration assumes that these interactions are settled by the utility in a centralized manner, while the second one is peer-centric and does not involve the utility. Both configurations use distribution locational marginal prices to compute network usage charges that peers must pay to the utility for using the distribution network.

Original languageEnglish (US)
Article number8938817
Pages (from-to)2716-2725
Number of pages10
JournalIEEE Transactions on Power Systems
Volume35
Issue number4
DOIs
StatePublished - Jul 2020

Keywords

  • network usage charge
  • Peer-to-peer trading
  • prosumers
  • utility business model

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Electrical and Electronic Engineering

Fingerprint Dive into the research topics of 'A P2P-Dominant Distribution System Architecture'. Together they form a unique fingerprint.

Cite this