Latency and Energy Transmission Cost Optimization using BCO-aware Energy Routing for Smart Grid

Hebal, Sara; Harous, Saad; Mechta, Djamila

doi:10.1109/iwcmc48107.2020.9148409

Cited by 8 publications

(1 citation statement)

References 21 publications

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“…Other challenges encountered by P2P energy trading are elaborated upon in the findings of Hebal et al The study asserts that prosumers often engage in energy trading among themselves, thereby undermining the role of traditional centralized systems. According to Hebal et al, fostering effective and efficient coordination among prosumers and various stakeholders proves to be a complex task [61]. Facilitating a robust decision-making mechanism is equally challenging, especially when it conflicts with the objectives of other energy producers.…”

Section: B Global Acceptance and Market Dynamicsmentioning

confidence: 99%

Peer-to-Peer Trade and the Sharing Economy at Distribution Level: A Review of the Literature

Mohandes,

Bayhan,

Sanfilippo

et al. 2023

IEEE Access

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Peer-to-peer (P2P) energy trading has gained significant importance in recent years due to the growing energy needs worldwide. To ensure the effective and efficient implementation of P2P energy trading, it is necessary to analyze the concept from multiple dimensions. This study aims to investigate the challenges that may hinder the smooth flow of P2P energy trading and identify strategies to overcome them. Technical, cybersecurity, renewable energy integration, economic, pricing mechanisms, and regulatory challenges are among the key obstacles that may curtail the full potential of P2P energy trading. In addition, the full achievement of the P2P energy trading potential requires a global response from stakeholders to ensure widespread acceptance and adoption. Game theory and agent-based modeling can effectively address these challenges and facilitate the successful implementation of P2P energy trading.INDEX TERMS Agent-based modeling, game theory, peer-to-peer energy trading, pricing mechanisms, renewable energy integration, regulatory frameworks.

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Section: B Global Acceptance and Market Dynamicsmentioning

confidence: 99%