Prosumers Matching and Least-Cost Energy Path Optimisation for Peer-to-Peer Energy Trading

Jogunola, Olamide ORCID: https://orcid.org/0000-0002-2701-9524, Wang, Weizhuo ORCID: https://orcid.org/0000-0002-1225-4011 and Adebisi, Bamidele ORCID: https://orcid.org/0000-0001-9071-9120 (2020) Prosumers Matching and Least-Cost Energy Path Optimisation for Peer-to-Peer Energy Trading. IEEE Access, 8. pp. 95266-95277.

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Abstract

Potential benefits of peer-to-peer energy trading and sharing (P2P-ETS) include the opportunity for prosumers to exchange flexible energy for additional income, whilst reducing the carbon footprint. Establishing an optimal energy routing path and matching energy demand to supply with capacity constraints are some of the challenges affecting the full realisation of P2P-ETS. In this paper, we proposed a slime-mould inspired optimisation method for addressing the path cost problem for energy routing and the capacity constraint of the distribution lines for congestion control. Numerical examples demonstrate the practicality and flexibility of the proposed method for a large number of peers (15 – 2000) over existing optimised path methods. The result shows up to 15% cost savings as compared to a non-optimised path. The proposed method can be used to control congestion on distribution links, provide alternate paths in cases of disruption on the optimal path, and match prosumers in the local energy market.