An Innovative Hierarchical P2P Method for Energy Trading Management in A Distribution Network with Micro-Grids

This paper focuses on the idea of a small grid distribution system that gives the public a new framework for controlling and operating these types of grids in the future. By distributing energy resources across numerous partners, it intends to increase the advantages of the conventional small grid. In the micro-grid distribution system of the future society, the peer-to-peer (P2P) energy trading model seems to be one feasible paradigm for energy trading. This paper suggests a three-step peer-to-peer (P2P) regulatory framework for future community microgrid distribution networks to provide efficient energy trading in the microgrid energy market. A community's remote network distribution system is an example of the proposed P2P framework. A simulation analysis has confirmed its usefulness since it reduces costs and congestion on the leading network.