Prospective Architecture for Local Energy Generation and Distribution with Peer-to-Peer Electricity Sharing in a South African Context

Jordan, Eddie Allan; Kusakana, K.; Bokopane, Lindiwe

doi:10.1109/oi.2018.8535971

Cited by 7 publications

(1 citation statement)

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“…Jordan et al. [17] investigated the option of a scheme for energy generation and exchange with P2P electricity sharing. In the paper, the current state of research and development on P2P electricity sharing is reviewed, and the authors provide important data that may be of assistance to anyone conducting further research on the topic in relation to South Africa.…”

Section: Introductionmentioning

confidence: 99%

Optimal peer‐to‐peer energy sharing between grid‐connected prosumers with different demand profiles and renewable energy sources

Kusakana

2021

IET Smart Grid

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A model is developed to optimise power sharing between two grid-connected prosumers that incorporates photovoltaic and wind energy conversion systems operating in a peerto-peer (P2P) energy-sharing arrangement. The city of Durban, South Africa, where wind and solar resources are abundant, is selected as a case study to analyse power flows between selected prosumers. The model optimally manages power flows among micro renewables-based energy generators while minimising the total cost of energy purchased from the power utility under a time-variable pricing structure. To evaluate the economic feasibility of the suggested peer-to-peer energy-sharing arrangement, a lifecycle cost analysis is conducted to determine when the proposed system will break even, in terms of money spent less achievable salvage value, using the suggested prosumers instead of providing power exclusively from the grid to satisfy load demands. The analysis predicts that the breakeven point will occur after 4.3 years at $13,500, with a projected saving at the end of the 20-year lifecycle of approximately $60,536.82, or 47.42%. Furthermore, the 'true' payback period method is used to assess the economic behaviour of the proposed system with P2P energy-sharing capabilities and indicates that the total investment cost would be recovered in 8.76 years. These results show that the optimally controlled peerto-peer energy-sharing scheme is economically feasible in the South African context and may be applied in any global location with similar operating conditions. This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.

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Section: Introductionmentioning

confidence: 99%

Optimal peer‐to‐peer energy sharing between grid‐connected prosumers with different demand profiles and renewable energy sources

Kusakana

2021

IET Smart Grid

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Local Energy Markets: Design and Structures

Leuskov

Talari

Ketter

2023

Lecture Notes in Energy

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Peer-to-Peer Energy Trading Platforms in Local Energy Markets

Alzubaidi,

Thakur,

et al. 2024

E3S Web of Conf.

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This review explores Peer-to-Peer (P2P) Energy Trading Platforms in Local Energy Markets, drawing insights from three key studies. These markets, using P2P trading, efficiently distribute electricity within communities. Research assesses P2P trading’s impact in a Norwegian neighbourhood, comparing it to scenarios without local markets. It also examines integrating PV systems, batteries, and electric vehicles on grid operations. Findings reveal minimal grid impacts with PVs alone, but adding batteries increases voltage fluctuations and losses. However, P2P trading benefits end-users with cost savings and supports Distribution System Operator operations. The paper surveys global P2P energy trading projects, emphasising communication and control networks within local Microgrids. It discusses the transition from passive consumers to prosumers in power networks and introduces the concept of a federated power plant, combining virtual power plants and P2P transactions among prosumers to address challenges and unlock additional value. This review fills research gaps, shedding light on P2P energy trading’s multifaceted aspects in local markets and its transformative potential for the energy sector.

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Prospective Architecture for Local Energy Generation and Distribution with Peer-to-Peer Electricity Sharing in a South African Context

Cited by 7 publications

References 10 publications

Optimal peer‐to‐peer energy sharing between grid‐connected prosumers with different demand profiles and renewable energy sources

Optimal peer‐to‐peer energy sharing between grid‐connected prosumers with different demand profiles and renewable energy sources

Local Energy Markets: Design and Structures

Peer-to-Peer Energy Trading Platforms in Local Energy Markets

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