{"id":"https://openalex.org/W2966272739","doi":"https://doi.org/10.1109/tsg.2019.2933574","title":"A Novel Peer-to-Peer Local Electricity Market for Joint Trading of Energy and Uncertainty","display_name":"A Novel Peer-to-Peer Local Electricity Market for Joint Trading of Energy and Uncertainty","publication_year":2019,"publication_date":"2019-08-06","ids":{"openalex":"https://openalex.org/W2966272739","doi":"https://doi.org/10.1109/tsg.2019.2933574","mag":"2966272739"},"language":"en","primary_location":{"id":"doi:10.1109/tsg.2019.2933574","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tsg.2019.2933574","pdf_url":null,"source":{"id":"https://openalex.org/S59604973","display_name":"IEEE Transactions on Smart Grid","issn_l":"1949-3053","issn":["1949-3053","1949-3061"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Smart Grid","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100350977","display_name":"Zhong Zhang","orcid":"https://orcid.org/0000-0003-3484-6058"},"institutions":[{"id":"https://openalex.org/I51601045","display_name":"University of Bath","ror":"https://ror.org/002h8g185","country_code":"GB","type":"education","lineage":["https://openalex.org/I51601045"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Zhong Zhang","raw_affiliation_strings":["University of Bath, Bath, U.K"],"affiliations":[{"raw_affiliation_string":"University of Bath, Bath, U.K","institution_ids":["https://openalex.org/I51601045"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100428067","display_name":"Ran Li","orcid":"https://orcid.org/0000-0002-1286-6229"},"institutions":[{"id":"https://openalex.org/I51601045","display_name":"University of Bath","ror":"https://ror.org/002h8g185","country_code":"GB","type":"education","lineage":["https://openalex.org/I51601045"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Ran Li","raw_affiliation_strings":["University of Bath, Bath, U.K"],"affiliations":[{"raw_affiliation_string":"University of Bath, Bath, U.K","institution_ids":["https://openalex.org/I51601045"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5111864968","display_name":"Furong Li","orcid":"https://orcid.org/0009-0002-6352-2052"},"institutions":[{"id":"https://openalex.org/I51601045","display_name":"University of Bath","ror":"https://ror.org/002h8g185","country_code":"GB","type":"education","lineage":["https://openalex.org/I51601045"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Furong Li","raw_affiliation_strings":["University of Bath, Bath, U.K"],"affiliations":[{"raw_affiliation_string":"University of Bath, Bath, U.K","institution_ids":["https://openalex.org/I51601045"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5100350977"],"corresponding_institution_ids":["https://openalex.org/I51601045"],"apc_list":null,"apc_paid":null,"fwci":13.3774,"has_fulltext":false,"cited_by_count":229,"citation_normalized_percentile":{"value":0.99239778,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":99,"max":100},"biblio":{"volume":"11","issue":"2","first_page":"1205","last_page":"1215"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":0.9976999759674072,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10768","display_name":"Electric Vehicles and Infrastructure","score":0.9948999881744385,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/flexibility","display_name":"Flexibility (engineering)","score":0.7020555138587952},{"id":"https://openalex.org/keywords/demand-response","display_name":"Demand response","score":0.5412956476211548},{"id":"https://openalex.org/keywords/photovoltaic-system","display_name":"Photovoltaic system","score":0.5373638272285461},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.5363112688064575},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.5269390344619751},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.48212504386901855},{"id":"https://openalex.org/keywords/peer-to-peer","display_name":"Peer-to-peer","score":0.47499385476112366},{"id":"https://openalex.org/keywords/demand-forecasting","display_name":"Demand forecasting","score":0.46245336532592773},{"id":"https://openalex.org/keywords/electric-power-system","display_name":"Electric power system","score":0.4592125415802002},{"id":"https://openalex.org/keywords/electricity-generation","display_name":"Electricity generation","score":0.44197404384613037},{"id":"https://openalex.org/keywords/distributed-generation","display_name":"Distributed generation","score":0.43771106004714966},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.40070608258247375},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.32941383123397827},{"id":"https://openalex.org/keywords/power","display_name":"Power (physics)","score":0.3265570402145386},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3068310618400574},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.25786036252975464},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.20430916547775269},{"id":"https://openalex.org/keywords/electrical-engineering","display_name":"Electrical engineering","score":0.17295700311660767},{"id":"https://openalex.org/keywords/renewable-energy","display_name":"Renewable energy","score":0.1691807210445404},{"id":"https://openalex.org/keywords/distributed-computing","display_name":"Distributed computing","score":0.16733688116073608}],"concepts":[{"id":"https://openalex.org/C2780598303","wikidata":"https://www.wikidata.org/wiki/Q65921492","display_name":"Flexibility (engineering)","level":2,"score":0.7020555138587952},{"id":"https://openalex.org/C2779438525","wikidata":"https://www.wikidata.org/wiki/Q5255048","display_name":"Demand response","level":3,"score":0.5412956476211548},{"id":"https://openalex.org/C41291067","wikidata":"https://www.wikidata.org/wiki/Q1897785","display_name":"Photovoltaic system","level":2,"score":0.5373638272285461},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.5363112688064575},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.5269390344619751},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.48212504386901855},{"id":"https://openalex.org/C534932454","wikidata":"https://www.wikidata.org/wiki/Q161410","display_name":"Peer-to-peer","level":2,"score":0.47499385476112366},{"id":"https://openalex.org/C193809577","wikidata":"https://www.wikidata.org/wiki/Q3409300","display_name":"Demand forecasting","level":2,"score":0.46245336532592773},{"id":"https://openalex.org/C89227174","wikidata":"https://www.wikidata.org/wiki/Q2388981","display_name":"Electric power system","level":3,"score":0.4592125415802002},{"id":"https://openalex.org/C423512","wikidata":"https://www.wikidata.org/wiki/Q383973","display_name":"Electricity generation","level":3,"score":0.44197404384613037},{"id":"https://openalex.org/C544738498","wikidata":"https://www.wikidata.org/wiki/Q861135","display_name":"Distributed generation","level":3,"score":0.43771106004714966},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.40070608258247375},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.32941383123397827},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.3265570402145386},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3068310618400574},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.25786036252975464},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.20430916547775269},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.17295700311660767},{"id":"https://openalex.org/C188573790","wikidata":"https://www.wikidata.org/wiki/Q12705","display_name":"Renewable energy","level":2,"score":0.1691807210445404},{"id":"https://openalex.org/C120314980","wikidata":"https://www.wikidata.org/wiki/Q180634","display_name":"Distributed computing","level":1,"score":0.16733688116073608},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/tsg.2019.2933574","is_oa":false,"landing_page_url":"https://doi.org/10.1109/tsg.2019.2933574","pdf_url":null,"source":{"id":"https://openalex.org/S59604973","display_name":"IEEE Transactions on Smart Grid","issn_l":"1949-3053","issn":["1949-3053","1949-3061"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Transactions on Smart Grid","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.7400000095367432,"display_name":"Affordable and clean energy","id":"https://metadata.un.org/sdg/7"}],"awards":[{"id":"https://openalex.org/G7376874757","display_name":null,"funder_award_id":"EP/N03466X/1","funder_id":"https://openalex.org/F4320334627","funder_display_name":"Engineering and Physical Sciences Research Council"},{"id":"https://openalex.org/G7691693859","display_name":"Peer-to-Peer Energy Trading and Sharing - 3M (Multi-times, Multi-scales, Multi-qualities)","funder_award_id":"EP/N03466X/1","funder_id":"https://openalex.org/F4320334627","funder_display_name":"Engineering and Physical Sciences Research Council"},{"id":"https://openalex.org/G7944869848","display_name":null,"funder_award_id":"EP/S00078X/1","funder_id":"https://openalex.org/F4320334627","funder_display_name":"Engineering and Physical Sciences Research Council"}],"funders":[{"id":"https://openalex.org/F4320334627","display_name":"Engineering and Physical Sciences Research Council","ror":"https://ror.org/0439y7842"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":48,"referenced_works":["https://openalex.org/W1631615310","https://openalex.org/W1966003058","https://openalex.org/W1970071487","https://openalex.org/W1971761654","https://openalex.org/W1972217247","https://openalex.org/W1973522354","https://openalex.org/W1981160213","https://openalex.org/W2022447380","https://openalex.org/W2023247191","https://openalex.org/W2038786991","https://openalex.org/W2039079854","https://openalex.org/W2042704389","https://openalex.org/W2063532886","https://openalex.org/W2078834385","https://openalex.org/W2084156013","https://openalex.org/W2101842495","https://openalex.org/W2116509703","https://openalex.org/W2144931085","https://openalex.org/W2171793737","https://openalex.org/W2302892851","https://openalex.org/W2345283347","https://openalex.org/W2461490389","https://openalex.org/W2521116880","https://openalex.org/W2522515518","https://openalex.org/W2558567940","https://openalex.org/W2558985136","https://openalex.org/W2561035841","https://openalex.org/W2561943498","https://openalex.org/W2569201729","https://openalex.org/W2588321229","https://openalex.org/W2589489991","https://openalex.org/W2593427583","https://openalex.org/W2606631653","https://openalex.org/W2618901882","https://openalex.org/W2619984247","https://openalex.org/W2621059712","https://openalex.org/W2682836610","https://openalex.org/W2734921351","https://openalex.org/W2735454229","https://openalex.org/W2795789375","https://openalex.org/W2856171837","https://openalex.org/W2883628237","https://openalex.org/W2888118999","https://openalex.org/W2892301476","https://openalex.org/W2897126533","https://openalex.org/W2898108869","https://openalex.org/W2923222014","https://openalex.org/W2926759486"],"related_works":["https://openalex.org/W2555175041","https://openalex.org/W2032085210","https://openalex.org/W4392752943","https://openalex.org/W2389561653","https://openalex.org/W2052188148","https://openalex.org/W4239205706","https://openalex.org/W4239297229","https://openalex.org/W3166575991","https://openalex.org/W4205710825","https://openalex.org/W4210490979"],"abstract_inverted_index":{"In":[0,126,144],"the":[1,35,40,45,61,91,100,122,127,140,155],"future":[2],"power":[3,93,102,106,157,160],"system,":[4],"an":[5,50],"increasing":[6],"number":[7],"of":[8,131,147],"distributed":[9],"energy":[10,80],"resources":[11],"will":[12],"be":[13,57,115,136],"integrated":[14],"including":[15],"intermittent":[16],"generation":[17],"like":[18,24],"photovoltaic":[19],"(PV)":[20],"and":[21,82,99,158,168],"flexible":[22,36],"demand":[23,37,95,104],"electric":[25],"vehicles":[26],"(EVs).":[27],"It":[28],"has":[29],"been":[30],"long":[31],"thought":[32],"to":[33,38,56,60,89,114,121,181],"utilize":[34],"absorb":[39],"PV":[41,112,132,148,179],"output":[42],"locally":[43,117,138,153],"with":[44,65,94,103],"technical":[46],"solution":[47],"proposed":[48,141,173],"while":[49],"effective":[51],"commercial":[52],"arrangement":[53],"is":[54,88,151],"yet":[55],"developed":[58],"due":[59],"significant":[62],"uncertainty":[63,83,113],"associated":[64],"local":[66,74],"generation.":[67],"This":[68,108],"paper":[69],"proposes":[70],"a":[71,165,169],"peer-to-peer":[72],"(P2P)":[73],"electricity":[75],"market":[76,109,167,175],"model":[77],"incorporating":[78],"both":[79],"trading":[81,84],"simultaneously.":[85],"The":[86,172],"novelty":[87],"match":[90],"forecast":[92,133,149,156,183],"having":[96,105],"time":[97],"flexibility":[98],"uncertain":[101,159],"flexibility.":[107],"enables":[110],"more":[111],"balanced":[116,137,152],"rather":[118],"than":[119],"propagating":[120],"upper":[123],"layer":[124],"system.":[125],"test":[128],"case,":[129],"55.3%":[130],"error":[134,150],"can":[135,176],"in":[139,164],"joint":[142],"market.":[143,171],"comparison,":[145],"43.6%":[146],"when":[154],"are":[161],"traded":[162],"separately":[163],"day-ahead":[166],"realtime":[170],"P2P":[174],"also":[177],"motivate":[178],"owners":[180],"improve":[182],"accuracy.":[184]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":17},{"year":2024,"cited_by_count":51},{"year":2023,"cited_by_count":47},{"year":2022,"cited_by_count":54},{"year":2021,"cited_by_count":38},{"year":2020,"cited_by_count":19}],"updated_date":"2026-03-10T16:38:18.471706","created_date":"2025-10-10T00:00:00"}
