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A Framework for Supporting Energy Transactions in Smart-Grid Environment

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IoT for Smart Grids

Part of the book series: Power Systems ((POWSYS))

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Abstract

With the increasing connection of Distributed Energy Resources (DER), traditional energy consumers are becoming prosumers, who can both consume and generate energy. This enables Peer-to-Peer (P2P) energy trading, where direct energy trading between small-scale DERs takes place. This chapter introduces a P2P platform based on market theory for supporting the energy trading in micro-grid environment. Rather than employing a centralized auction mechanism, the introduced solution follows a distributed approach, where auctions are initiated ad-hoc by energy producers. Experimental results based on real data validate the efficiency of proposed framework, as we achieve considerable energy savings.

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Authors and Affiliations

  1. Department of Physics, Aristotle University of Thessaloniki, Thessaloniki, Greece

    Kostas Siozios

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  1. Kostas Siozios
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Correspondence to Kostas Siozios .

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Editors and Affiliations

  1. Department of Physics, Aristotle University of Thessaloniki, Thessaloniki, Greece

    Kostas Siozios

  2. Department of Computer Science, National Technical University of Athens, Athens, Greece

    Dimitrios Anagnostos

  3. School of Electrical and Computer Engineering, National Technical University of Athens, Athens, Greece

    Dimitrios Soudris

  4. Department of Electrical and Computer Engineering, Democritus University of Thrace, Xanthi, Greece

    Elias Kosmatopoulos

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Siozios, K. (2019). A Framework for Supporting Energy Transactions in Smart-Grid Environment. In: Siozios, K., Anagnostos, D., Soudris, D., Kosmatopoulos, E. (eds) IoT for Smart Grids. Power Systems. Springer, Cham. https://doi.org/10.1007/978-3-030-03640-9_11

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  • DOI: https://doi.org/10.1007/978-3-030-03640-9_11

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-03169-5

  • Online ISBN: 978-3-030-03640-9

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