Proposal of a Decentralized Consensus-Based P2P Electricity Trading Methodology That Takes into Account Consumer Equipment Operations

With increasing penetration of distributed energy resources, peer-to-peer (P2P) electricity trading has attracted attention for locally utilizing surplus renewable energy. This paper proposes a distributed consensus-based P2P electricity trading method that explicitly considers prosumer equipment operation constraints. Each prosumer autonomously solves a daily scheduling problem considering electricity demand, PV generation, battery operation, grid purchase and sale, and P2P trades with neighboring prosumers. P2P prices and desired trading quantities are iteratively adjusted through local information exchange. After convergence, bidirectional trades are converted into net one-way trades, and the final feasible daily schedule is obtained by re-optimizing with fixed trading quantities. Numerical simulations were conducted for six low-voltage prosumers using annual residential demand data and a representative daily PV generation profile. In the base case, the proposed method reduced annual electricity cost by 13.7% compared with the no-P2P case, while its total cost was only 2.3% higher than that of the centralized benchmark. Unlike the centralized benchmark, which increased costs for some prosumers, the proposed method reduced costs for all prosumers. Wheeling-charge sensitivity analysis showed that the charge affects P2P trading volume and benefit allocation. Future work will address tariff design, PV uncertainty, scalability, and distribution-network constraints.