Feasibility study of a local peer-to-peer energy market: Implications on a real-life LV distribution grid

Abstract

The H2020 INTERRFACE project designs, develops, and exploits an Interoperable pan-European Grid Services Architecture to act as the interface between the power system (TSO and DSO) and the customers and allow the seamless and coordinated operation of all stakeholders to use and procure common services. The project exploits state-of-the-art digital tools based on peer-to-peer (P2P) local market to provide new opportunities for electricity market participation and thus engage consumers into the INTERRFACE proposed market structures that are designed to exploit Distributed Energy Resources and empowers customers to become active market participants. In this paper, a network modeling method is introduced and validated through the metering data of a test area. The model considers voltage limits, asymmetry, and overloading violations. Simulation results show that the modeling considerations are adequate to analyze the effects on the local grid assets and provide reflective tariff signals for proper grid utilization. Therefore, the proposed design can serve as the network calculation principle of low voltage P2P markets in the future.