Publication

Abstract : Surging clean energy demand clashes with grid stability concerns, calling for creative solutions. This work explores the synergy between peer-to-peer (P2P) energy trading and grid-connected wind-solar systems. It is apparent that, in the contemporary grid scenario, renewable power injection involving integrated wind-solar power generation is proliferating, and hence grid stability and excess energy utilization become critical challenges. P2P trading emerges as a promising remedy, allowing prosumers (consumers who also produce) to directly exchange surplus energy, fostering a more decentralized and efficient energy system. Leveraging MATLAB simulations, the project assesses the technical feasibility of such systems. It then designs and implements a P2P energy transfer system with a user-friendly dashboard, empowering prosumers to actively participate and optimize their energy usage. By analyzing benefits for both prosumers and the grid, the project showcases the significant potential of P2P trading in paving the way for a sustainable and equitable energy future.