Comparative Analysis of P2P Architectures for Energy Trading and Sharing

Abstract

Abstract:Rising awareness and emergence of smart technologies have inspired new thinking in energy system management. Whilst integration of distributed energy resources in micro-grids (MGs) has become the technique of choice for consumers to generate their energy, it also provides a unique opportunity to explore energy trading and sharing amongst them. This paper investigates peer-to-peer (P2P) communication architectures for prosumers' energy trading and sharing. The performances of common P2P protocols are evaluated under the stringent communication requirements of energy networks defined in IEEE 1547.3-2007. Simulation results show that the structured P2P protocol exhibits a reliability of 99.997% in peer discovery and message delivery whilst the unstructured P2P protocol yields 98%, both of which are consistent with the requirements of MG applications. These two architectures exhibit high scalability with a latency of 0.5 s at a relatively low bandwidth consumption, thus, showing promising potential in their adoption for prosumer to prosumer communication.

Internet of Things Security: A review on the RFID contactless security protocols

“…New applications, such as smart cities [34], [35], intelligent transport, and digital health services make use of the low-cost RFID technologies to achieve 9 seamless interaction between humans and their environment. In conclusion it has been within no doubt proven that while RFID contactless cards are quite useful for society, there are serious issues that must be addressed with the security and privacy of data and this action must be taken as soon as possible before any serious problems happens.…”

A Formal Model of Peer-to-Peer Digital Product Marketplace

“…Walkerdine et al 17,18 illustrate seven possible P2P logical architectures and these will not be repeated here. The P2P architecture has been used extensively in several applications, such as energy trading and sharing 19 , alternative funding financial services 20 , media streaming 21 , mobile networks 22,23 and social networks 24,25 , because P2P systems are self-organized and distributed in nature in addition to their capability to store and retrieve information [without necessarily the need to have a central entity] in the discovery of peers and information exchange within the network. A P2P approach to digital products and services commerce and sharing promotes availability of digital products and services in the P2P community, and increases efficiency, flexibility and effectiveness in digital products transactions.…”

A Formal Model of Peer-to-Peer Digital Product Marketplace

“…The P2P architecture has been used extensively in several applications, such as energy trading and sharing 19 , alternative funding financial services 20 , media streaming 21 , mobile networks 22,23 and social networks 24,25 , because P2P systems are self-organized and distributed in nature in addition to their capability to store and retrieve information [without necessarily the need to have a central entity] in the discovery of peers and information exchange within the network. A P2P approach to digital products and services commerce and sharing promotes availability of digital products and services in the P2P community, and increases efficiency, flexibility and effectiveness in digital products transactions.…”