Peer-to-peer electricity trading and blockchain: pieces of the same puzzle for decentralised renewable solutions
- Oct 26, 2020 4:05 pm GMT
This item is part of the Special Issue - 2020-10 - Distributed Energy Resources, click here for more
Written by: Arina Anisie, Francisco Boshell, Elena Ocenic (IRENA), Hazril Izan Bahari, Dr. Wei-nee Chen (SEDA)
Peer-to-peer electricity trading concept
Peer-to-peer (P2P) electricity trading model was born as a consequence of the increasing deployment of distributed energy resources, increasingly owned by the end consumers. P2P electricity trading is based on an interconnected platform, that serves as an online marketplace where consumers and producers “meet” to trade electricity directly, without the need for an intermediary. P2P electricity trading is also known as the “Uber” or “Airbnb” of energy, as it is a platform that allows local distributed energy generators to sell their electricity at an optimal price to consumers.
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