A Decentralized Bilateral Energy Trading System for Peer-to-Peer Electricity Markets

Increase in the deployment of distributed energy resources (DERs) has triggered a new trend to redesign electricity markets as consumer-centric markets relying on peer-to-peer (P2P) approaches. In the P2P markets, players can directly negotiate under bilateral energy trading to match demand and supp...

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Bibliographic Details
Published in:	IEEE transactions on industrial electronics (1982) Vol. 67; no. 6; pp. 4646 - 4657
Main Authors:	Khorasany, Mohsen, Mishra, Yateendra, Ledwich, Gerard
Format:	Journal Article
Language:	English
Published:	New York IEEE 01.06.2020 The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:	Algorithms Bilateral trading Computer simulation Convergence Convex functions Data exchange decartelized market Distributed generation Electricity Electricity consumption Electricity supply industry Energy Energy sources Gradient methods market framework design Peer to peer computing peer-to-peer (P2P) Players Power marketers Product differentiation Redesign Resource management Supply & demand
ISSN:	0278-0046, 1557-9948
Online Access:	Get full text
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