2022
DOI: 10.3389/fenrg.2022.810395
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RETRACTED: Recent Trends, Challenges, and Future Aspects of P2P Energy Trading Platforms in Electrical-Based Networks Considering Blockchain Technology: A Roadmap Toward Environmental Sustainability

Abstract: Peer-to-peer (P2P) energy trading platform is an upcoming energy generation and effective energy managing strategy that rewards proactive customers (acting as prosumers) in which individuals trade energy for products and services. On the other hand, P2P trading is expected to give multiple benefits to the grid in minimizing the peak load demand, energy consumption costs, and eliminating network losses. However, installing P2P energy trading on a broader level in electrical-based networks presents a number of m… Show more

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Cited by 26 publications
(25 citation statements)
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“…The system contributes to the programs like DR (Demand Response) that manage the flexible or non-flexible loads effectively [ 111 ]. Net metering is also carefully undertaken to exchange the power among the utility while lessening the cost of non-supply of energy to the consumer end with the consideration of DER investments [ 112 ]. A robust optimization method is implemented that considers many errors that forecast in the future for consideration of load, market prices, and variable renewable generation [ 113 ].…”
Section: Microgrid Ems Objective Functions and Constraintsmentioning
confidence: 99%
“…The system contributes to the programs like DR (Demand Response) that manage the flexible or non-flexible loads effectively [ 111 ]. Net metering is also carefully undertaken to exchange the power among the utility while lessening the cost of non-supply of energy to the consumer end with the consideration of DER investments [ 112 ]. A robust optimization method is implemented that considers many errors that forecast in the future for consideration of load, market prices, and variable renewable generation [ 113 ].…”
Section: Microgrid Ems Objective Functions and Constraintsmentioning
confidence: 99%
“…Environmental protection is the main objective in the development of future energy storage systems. These storage systems should have no adverse effects during and after their usable lifecycles and these must have a larger contribution in reducing the greenhouse gas emission [107,108]. The large-scale utilization and production of batteries is a source of environmental pollution because it is associated with the outflow of hazardous gases and waste chemical materials, and presently, CAES or PHES are good alternatives to battery energy storage systems [109,110].…”
Section: Environment Friendlymentioning
confidence: 99%
“…This is due to the conflicting interests of prosumers and grid operators, as discussed in Section 1, as well as the flexibility of the smart grid, where new nodes are constantly being added and leaving the network. As clearly stated in [26], energy demand response remains an open problem in current smart grids and P2P energy trading platforms, as many bus voltages exceed the voltage limit applicable to the grid. In this context, we believe that establishing a Nash game arbitrated by a decentralized smart contract to create competition among provers proposing solutions to the OPF problem, and accordingly rewarding those with the optimal proposals, would significantly reduce the on-chain computations while providing a fully decentralized energy demand management system.…”
Section: Motivationmentioning
confidence: 99%