Comparative Analysis of P2P Architectures for Energy Trading and Sharing

Anoh, KOO, Jogunola, O, Ikpehai, A, Adebisi, B, Hammoudeh, M, Gacanin, H and Harris, G (2017) Comparative Analysis of P2P Architectures for Energy Trading and Sharing. Energies, 11 (1). ISSN 1996-1073

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Abstract

Rising awareness and emergence of smart technologies have inspired new thinking in energy system management. Whilst integration of distributed energy resources in micro-grids (MGs) has become the technique of choice for consumers to generate their energy, it also provides a unique opportunity to explore energy trading and sharing amongst them. This paper investigates peer-to-peer (P2P) communication architectures for prosumers’ energy trading and sharing. The performances of common P2P protocols are evaluated under the stringent communication requirements of energy networks defined in IEEE 1547.3-2007. Simulation results show that the structured P2P protocol exhibits a reliability of 99.997% in peer discovery and message delivery whilst the unstructured P2P protocol yields 98%, both of which are consistent with the requirements of MG applications. These two architectures exhibit high scalability with a latency of 0.5 s at a relatively low bandwidth consumption, thus, showing promising potential in their adoption for prosumer to prosumer communication.