Traditionally, energy consumers pay non-commodity charges (e.g. transmission, environmental and network costs) as a major component of their energy bills. With the distributed energy generation, enabling energy consumption close to producers can minimize such costs. The physically constrained energy prosumers in power networks can be logically grouped into virtual microgrids (VMGs) using communication systems. Prosumer benefits can be optimised by modelling the energy trading interactions among producers and consumers in a VMG as a Stackelberg game in which producers lead and consumers follow. Considering renewable (RES) and non-renewable energy (nRES) resources, and given that RES are unpredictable thus unschedulable, we also describe cost and utility models that include load uncertainty demands of producers. The results show that under Stackelberg equilibrium (SE), the costs incurred by a consumer for procuring either the RES or nRES are significantly reduced while the derived utility by producer is maximized. We further show that when the number of prosumers in the VMG increases, the CO2 emission cost and consequently the energy cost are minimized at the SE. Lastly, we evaluate the peer-to-peer (P2P) energy trading scenario involving noncooperative energy prosumers with and without Stackelberg game. The results show that the P2P energy prosumers attain 47% higher benefits with Stackelberg game.

Transaction-based energy (TE) management and control has become an increasingly relevant topic, attracting considerable attention from industry and the research community alike. As a result, new techniques are emerging for its development and actualization. This paper presents a comprehensive review of TE involving peer-to-peer (P2P) energy trading and also covering the concept, enabling technologies, frameworks, active research efforts and the prospects of TE. The formulation of a common approach for TE management modelling is challenging given the diversity of circumstances of prosumers in terms of capacity, profiles and objectives. This has resulted in divergent opinions in the literature. The idea of this paper is therefore to explore these viewpoints and provide some perspectives on this burgeoning topic on P2P TE systems. This study identified that most of the techniques in the literature exclusively formulate energy trade problems as a game, an optimization problem or a variational inequality problem. It was also observed that none of the existing works has considered a unified messaging framework. This is a potential area for further investigation.

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.

Blockchain (BC) and artificial intelligence (AI) are often utilised separately in energy trading systems (ETS). However, these technologies can complement each other and reinforce their capabilities when integrated. This paper provides a comprehensive review of consensus algorithms (CA) of BC and deep reinforcement learning (DRL) in ETS. While the distributed consensus underpins the immutability of transaction records of prosumers, the deluge of data generated paves the way to use AI algorithms for forecasting and address other data analytic related issues. Hence, the motivation to combine BC with AI to realise secure and intelligent ETS. This study explores the principles, potentials, models, active research efforts and unresolved challenges in the CA and DRL. The review shows that despite the current interest in each of these technologies, little effort has been made at jointly exploiting them in ETS due to some open issues. Therefore, new insights are actively required to harness the full potentials of CA and DRL in ETS. We propose a framework and offer some perspectives on effective BC-AI integration in ETS.

Advanced metering infrastructure (AMI) subsystems monitor and control energy distribution through exchange of information between smart meters and utility networks. A key challenge is how to select a cost-effective communication system without compromising the performance of the applications. Current communication technologies were developed for conventional data networks with different requirements. It is therefore necessary to investigate how much of existing communication technologies can be retrofitted into the new energy infrastructure to cost-effectively deliver acceptable level of service. This paper investigates broadband power line communications (BPLC) as a backhaul solution in AMI. By applying the disparate traffic characteristics of selected AMI applications, the network performance is evaluated. This study also examines the communication network response to changes in application configurations in terms of packet sizes. In each case, the network is stress-tested and performance is assessed against acceptable thresholds documented in the literature. Results show that, like every other communication technology, BPLC has certain limitations; however, with some modifications in the network topology, it indeed can fulfill most AMI traffic requirements for flexible and time-bounded applications. These opportunities, if tapped, can significantly improve fiscal and operational efficiencies in AMI services. Simulation results also reveal that BPLC as a backhaul can support flat and clustered AMI structures with cluster size ranging from 1 to 150 smart meters.