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From Science to Society pp 139–151Cite as

Goal-Based Automation of Peer-to-Peer Electricity Trading

Part of the Progress in IS book series (PROIS)

Abstract

As the uptake of microgeneration increases, the centralised model of electricity generation will be significantly altered. One of the new models that is being investigated is the notion of a peer-to-peer electricity market in which prosumers can market their electricity exports to any other household. This paper investigates this model and proposes a new algorithm for automating the sale and purchase of electricity in this market aiming to optimise the market while providing increased control to householders.

Keywords

  • P2P electricity trading
  • Trading automation
  • Goal optimisation

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Author information

Authors and Affiliations

  1. Department of Informatics, University of Leicester, Leicester, UK

    Jordan Murkin & Ruzanna Chitchyan

  2. EDF Energy, London, UK

    Jordan Murkin & David Ferguson

Authors
  1. Jordan Murkin
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  2. Ruzanna Chitchyan
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  3. David Ferguson
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Corresponding author

Correspondence to Jordan Murkin .

Editor information

Editors and Affiliations

  1. Environmental Research and Innovation, Luxembourg Institute of Science and Technology, Esch/Alzette, Luxembourg

    Prof. Dr. Benoît Otjacques

  2. Environmental Research and Innovation, Luxembourg Institute of Science and Technology, Esch/Alzette, Luxembourg

    Patrik Hitzelberger

  3. Institut für Softwaresysteme in Wirtschaft, Umwelt und Verwaltung, Hochschule Trier - Umwelt-Campus Birkenfeld, Birkenfeld , Germany

    Prof. Dr. Stefan Naumann

  4. Environmental Informatics, University of Applied Sciences, Berlin, Germany

    Prof. Dr. Volker Wohlgemuth

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Cite this paper

Murkin, J., Chitchyan, R., Ferguson, D. (2018). Goal-Based Automation of Peer-to-Peer Electricity Trading. In: Otjacques, B., Hitzelberger, P., Naumann, S., Wohlgemuth, V. (eds) From Science to Society. Progress in IS. Springer, Cham. https://doi.org/10.1007/978-3-319-65687-8_13

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