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Lookup NU author(s): Dr Adib Allahham
This work is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0).
© 2022 by the authors. Licensee MDPI, Basel, Switzerland. Peer-to-peer (P2P) energy trading is a promising energy trading mechanism due to the deployment of distributed energy resources in recent years. Trading energy between prosumers and consumers in the local energy market is undergoing massive research and development, paying significant attention to the business model of the energy market. In this paper, an extensive review was conducted on the current research in P2P energy trading to understand the business layer of the energy market concerning business model dimensions: bidding strategies and the market-clear-ing approach. Different types of game theoretical-based and auction-based market-clearing mechanisms are investigated, including a detailed classification of auctions. This study considers the pos-sibility of employing the P2P technique in developing countries and reviewing existing business models and trading policies. The business layer of the P2P structure plays a vital role in developing an effective trading mechanism based on interactive energy markets.
Author(s): Muhsen H, Allahham A, Al-halhouli A, Al-mahmodi M, Alkhraibat A, Hamdan M
Publication type: Review
Publication status: Published
Journal: Sustainability (Switzerland)
Print publication date: 01/02/2022
Online publication date: 29/01/2022
Acceptance date: 21/01/2022
ISSN (electronic): 2071-1050