Optimization of Social Welfare Based on Two Distinct Decentralized P2P Energy Sharing and Pricing Mechanisms

This study develops and evaluates two decentralized peer-to-peer energy sharing and pricing mechanisms with the goal of improving social welfare and lowering overall grid use. The first mechanism, which uses a seven-step market-clearing algorithm, allows prosumers to trade energy directly. The secon...

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Bibliographic Details

Published in:	Smart grids and sustainable energy Vol. 10; no. 3
Main Author:	Zan, Jia
Format:	Journal Article
Language:	English
Published:	Singapore Springer Nature Singapore 30.09.2025
Subjects:	Economics and Management Electrical Machines and Networks Energy Energy Policy Energy Systems Power Electronics Pricing mechanism Decentralized Peer-to-Peer Two-step pricing mechanism Social welfare enhancement Renewable energy utilization Energy community
ISSN:	2731-8087, 2731-8087
Online Access:	Get full text
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