Assessment of Peer-to-Peer Trading Benefits

Emon Chatterji and Payne Institute Director Morgan Bazilian write about how a Peer-to-peer (P2P) electricity trading model can enable customers to support each other with potentially significant economic benefits, yields technical benefits to reduce losses/congestion, and presents a greater opportunity to maximize variable renewable development. This study uses a two-stage optimization model to generate supply curves for individual customers, followed by an optimization by the P2P operator to maximize the savings. July 10, 2024.