Peer-to-Peer Energy Trading Among Networked Microgrids Considering the Complementary Nature of Wind and PV Solar Energy

Peer-to-peer (P2P) energy trading is a next-generation energy management technique that economically benefits proactive consumers (prosumers) transacting their energy as goods and services. However, the deployment of P2P trading for networked microgrids (MGs) poses a number of challenges particularly in modeling a fair negotiation and pricing mechanism. In this paper, a multi-agent based- P2P energy trading model for interconnected microgrids is developed in a day-ahead market. Furthermore, the study investigates the impact of the complementary nature between the PV-based MG and Wind-based MG on the trading mechanism. Simulation results have confirmed the effectiveness of the proposed model.