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Journal of the Korean Institute of Illuminating and Electrical Installation Engineers

ISO Journal TitleJ Korean Inst. IIIum. Electr. Install. Eng.
Title Development of P2P Energy Trading Platform for Energy Efficiency of Self-Generation Resources
Authors Jung-Sung Park ; Sang-Hyun Lee ; Yun-Hyuk Choi
DOI http://doi.org/10.5207/JIEIE.2023.37.5.021
Page pp.21-28
ISSN 1225-1135
Keywords DER; Economic analysis; Energy prosumer; Price tracking; P2P energy trading; Self-generation
Abstract In accordance with climate change and renewable energy supply policies, power generation using fossil fuels is gradually decreasing, and renewable energy generation that replaces them is increasing. From the consumer’s point of view, self-generation and consumption using solar panels are increasing. Therefore, in this paper, we develop a P2P energy trading platform that allows individuals to directly trade surplus electricity through self-generation, and propose a methodology for energy prosumer to efficiently trade electricity using a business model. In addition, the economic analysis of the business model was analyzed by comparing the electricity rates of prosumer and general consumers using this platform.