Definition

• A P2P market is defined as energy sharing and trading among all consumers equipped with DRERs, which converts
them into active customers (prosumers) in the market by selling/buying energy from each interconnected nodes of
the network.
• P2P energy trading allows direct energy sharing among consumers and prosumers in the local electricity grids
• Each prosumer has its local controller leading to have a totally decentralized market, which decisions will be made
locally based on users and market information.
• TN based P2P Market:
• The TNs may contain DGs, flexible loads, normal loads and energy storage devices
• TN responsible for underlying transactive agents
• transactive agent is responsible for
• the management of all the underlying agents in the node,
• power generation and
• load forecasting.
• ensure the supply meet the demand within the nodes and trade with other TNs in TE system
• distribution system operator (DSO) is a center part of the system
• DSO is responsible for managing all TNs in the regional distribution system and ensure the overall balance of the transactive nodes, so
as to realize the stability of the distribution system.
• Hence, it has the authority to acquire all the transaction information among TNs.