Knowledge Agora



Scientific Article details

Title Prospects for synergies between low-voltage DC microgrid technology and peer-to-peer energy trading markets
ID_Doc 67947
Authors Ben Abdeljawed, H; El Amraoui, L
Title Prospects for synergies between low-voltage DC microgrid technology and peer-to-peer energy trading markets
Year 2021
Published
DOI 10.1016/j.spc.2021.07.029
Abstract Electric power systems are experiencing an unprecedented technological revolution that poses operational and commercial challenges for today's electric power industry. In this context, low voltage DC microgrid technology is attracting growing interest regarding its energy efficiency and local reliability. These micro grids support the innovation and implementation of new local electricity markets such as the emergent peer-to-peer energy trading paradigm which is perceived as a promising solution for tomorrow's power grid. Although, several pilot projects are under test, research is mainly concerned with the development of hardware and software infrastructure and the design of new business models. This paper deals with the prospects for synergies between low-voltage DC microgrid technology and P2P energy trading markets. After focusing on the fundamentals and the links between both concepts, the paper surveys the most innovative peer-to-peer electricity trading projects. A multi-aspect SWOT (strengths, weaknesses, opportunities and threats) analysis approach is conducted. Finally, the environmental impact is evaluated in a vision of sustainable and collaborative energy governance. (C) 2021 Institution of Chemical Engineers. Published by Elsevier B.V. All rights reserved.
Author Keywords Peer-to-peer energy trading; Low voltage DC microgrid; Electricity market; Environmental sustainability; Renewable energy technologies; Collaborative energy governance
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000701869900020
WoS Category Green & Sustainable Science & Technology; Environmental Studies
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
PDF
Similar atricles
Scroll