Enhanced fairness-driven decentralized stratified energy management framework for sustainable residential microgrids

A Hybrid Approach for Fair Energy Distribution and Optimal Resource Allocation in Decentralized Energy Systems

Decentralized energy communities (DECs) allow households, prosumers, and small generators to trade electricity locally, improving grid flexibility and supporting renewable integration. However, local market designs often face a trade-off between efficiency and fairness. Efficiency-oriented settlement rules can produce...

Dynamic Participation in Local Energy Markets: An Optimization-Based Peer-to-Peer Marketplace

The increasing penetration of photovoltaic (PV) generation at the distribution level requires coordinated local energy transaction mechanisms to maintain system reliability. While peer-to-peer (P2P) trading frameworks can enhance local renewable utilization, fully decentralized designs face challenges in scalability an...

Decentralized peer-to-peer energy trading: The impact of power loss and transaction fee for optimal market design

Peer-to-Peer (P2P) energy trading has emerged as a transformative approach for creating decentralized energy markets, empowering prosumers to actively participate in energy generation and consumption. This paper presents a novel P2P energy market framework that incorporates the technical constraints of physical electri...

Dynamic cost Pricing-Based Peer-to-Peer Energy Trading for Enhanced Electric Vehicle Participation and Welfare in Local Energy Communities

An integration framework toward peer to peer energy trading system

Cost-effectiveness of renewable energy investment is associated with sharing economy movement and proportion of renewable energy. The rise of clean energy usage increases Distributed Energy Resources (DERs), which integrates into the energy market through proactive consumers known as "Prosumers". This causes energy mar...

Game-Theoretic Demand-Side Management for Fair Cost Distribution in Community Energy Storage and Electric Vehicle Charging

Advancements in rechargeable batteries and environmental awareness campaigns have highlighted the importance of electric vehicles (EVs) in recent times. The influx of EVs has posed challenges in almost all areas of technology, including demand-side management (DSM). Extra generating units are switched ON to meet the re...