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Energies Webinar | Peer-to-Peer Energy Trading in Smart Grid

15 Jul 2021, 10:00

Energy Trading, Smart Grid, P2P, Energy Market, Power Systems, Energy Internet, Energy Routing
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Welcome from the Chair

3rd Energies Webinar

Peer-to-Peer Energy Trading in Smart Grid

The transition from centralized to decentralized electricity networks has been accelerated in recent years. This was facilitated by the fast deployment of distributed energy resources (DERs), in line with grid modernization, thanks to recent advances in information and communication technology. As a part of this transition, customers are becoming prosumers, proactive players who can manage their flexible resources in response to market signals. Existing market paradigms do not facilitate the active participation of prosumers in the energy market. Hence, new liberalized market structures are needed to pave the way for prosumers’ participation in energy markets. Within this context, new market structures have been proposed in recent studies to incorporate prosumers into energy trading through local transactive markets, and peer-to-peer (P2P) energy trading.

Chair: Prof. Dr. Pierluigi Siano

Date: 15 July 2021

Time: 10:00 am CEST | 4:00 pm CST Asia

Webinar ID: 826 9047 3506

Webinar Secretariat: energies.webinar@mdpi.com

Chair

Department of Management and Innovation Systems, University of Salerno, Italy

DETAILS
Bio
Pierluigi Siano received his MSc degree in electronic engineering and his PhD degree in information and electrical engineering from the University of Salerno, Salerno, Italy, in 2001 and 2006, respectively. He is a Professor and Scientific Director of the Smart Grids and Smart Cities Laboratory with the Department of Management and Innovation Systems, University of Salerno. His research activities are centered on demand response, energy management, the integration of distributed energy resources in smart grids, electricity markets and the planning and management of power systems. In these research fields, he has co-authored more than 550 articles, including more than 300 international journal papers that received, in Scopus, more than 11,000 citations, with an H-index equal to 51. In 2019 and 2020, he received the award of Highly Cited Researcher from ISI Web of Science Group. He was the Chair of the IES TC on Smart Grids. He is Editor for the Power and Energy Society Section of IEEE Access, IEEE TRANSACTIONS ON POWER SYSTEMS, IEEE TRANSACTIONS ON INDUSTRIAL INFORMATICS, IEEE TRANSACTIONS ON INDUSTRIAL ELECTRONICS, IEEE Systems, Open Journal of the IEEE IES, IET Smart Grid and IET Renewable Power Generation.

Invited Speakers

Dr. Barry Hayes

School of Engineering, University College Cork, Ireland

DETAILS
Bio
Dr. Barry Hayes is an Assistant Professor in Electrical Power Engineering at University College Cork (UCC) and a Funded Investigator at the MaREI Research Centre (www.marei.ie). Prior to joining UCC, he was an Assistant Professor at National University of Ireland Galway (2016–2018), and a Marie Sklodowska-Curie research fellow at IMDEA Energy in Madrid (2013–2016). He holds a PhD in Electrical Power Systems Engineering from the University of Edinburgh (2013), and has held visiting researcher positions at National Grid UK (2011) and at the University of Tennessee (2016). Barry is a Senior Member of the Institute of Electrical and Electronic Engineers (IEEE) and has co-authored more than 40 peer-reviewed, international publications in books, conference proceedings, and journals. Barry’s research group focuses on the electricity grid integration of sustainable energy technologies, and the operation and planning of future power systems. Barry is the UCC principal investigator on a €3.8 million research project on local energy trading called “CENTS” (Co-operative Energy Trading System).

Prof. Dr. Zita Vale

GECAD-Research Group on Intelligent Engineering and Computing for Advanced Innovation and Development, Polytechnic of Porto (P.PORTO), Portugal

DETAILS
Bio
Zita Vale is a Full Professor at the Department of Electrical Engineering of the Institute of Engineering—Polytechnic of Porto (ISEP). She received her diploma in Electrical Engineering in 1986, her PhD in 1993, and her Habilitation in 2003, from University of Porto. She works in the area of Power and Energy Systems, with special interest in the application of artificial intelligence techniques. She has been involved in more than 60 funded projects related to the development and the use of knowledge-based systems, multi-agent systems, neural networks, particle swarm intelligence, and data mining. The main application fields of these projects comprise: - Smart grids, accommodating an intensive use of renewable energy sources, distributed energy resources (DER), namely distributed generation (DG), storage, electrical vehicles, including the ones with gridable capability (V2G), and demand flexibility. The real-time management and simulation of energy resources, considering electrical networks, buildings, and diverse Internet of Things (IoT) and machine-to-machine (M2M) approaches are relevant aspects of her work in this field; - Electricity markets, addressing decision support for market participants, prices and tariffs, ancillary services, energy transactions, service provision, and market simulation in the scope of wholesale and local markets. The integration of DER, demand response, and EVs in electricity markets, transactive energy (TE), and peer-to-peer approaches are important aspects of her work. Her work also focuses on the conception, development and test of new business models for market participants and aggregation models for energy resources and the respective management and operation methods. The results of her research are published in more than 140 journal papers. Professor Zita Vale actively participates in several technical working groups and committee, namely from IEEE. She also has regular activity as a reviewer and an evaluator for papers and for project proposals and monitoring, from different funding agencies around the world.

Webinar Content

On Thursday, 15 July 2021, MDPI and the Journal Energies organized the 3rd webinar on Energies, entitled "Peer-to-Peer Energy Trading in Smart Grid".

The introduction was held by the Chair of the webinar, Prof. Dr. Pierluigi Siano. He has received his MSc degree in Electronic Engineering and his PhD degree in Information and Electrical Engineering from the University of Salerno in Italy. He is a Professor and Scientific Director of the “Smart Grids and Smart Cities Laboratory” with the Department of Management and Innovation Systems at the University of Salerno. His research activities are centered on demand response, energy management, the integration of distributed energy resources in smart grids, electricity markets and the planning and management of power systems. In 2019 and 2020, Professor Doctor Siano received the award of Highly Cited Researcher from ISI Web of Science Group.

The first speaker to quick off this webinar was Dr. Barry Hayes, with his presentation "Open Platforms for Decentralised Electricity Trading in Future Power Grids". Dr. Hayes is an Assistant Professor in Electrical Power Engineering at University College Cork (UCC) and a Funded Investigator at the MaREI Research Centre. He holds a PhD in Electrical Power Systems Engineering from the University of Edinburgh, and has held visiting researcher positions at National Grid UK and at the University of Tennessee. Dr. Hayes is a Senior Member of the Institute of Electrical and Electronic Engineers (IEEE). His research group focuses on the electricity grid integration of sustainable energy technologies, and the operation and planning of future power systems.

The second presentation with the title "Sustainable Energy Solutions for the Smart Grid: The Importance of Citizen Energy Communities" was held by Prof. Dr. Zita Vale. She is Full Professor at the Department of Electrical Engineering of the Institute of Engineering—Polytechnic of Porto (ISEP). She received her diploma in Electrical Engineering in 1986, her PhD in 1993, and her Habilitation in 2003, from University of Porto. Prof. Dr. Zita Vale works in the area of Power and Energy Systems, with special interest in the application of artificial intelligence techniques. She has been involved in more than 60 funded projects related to the development and the use of knowledge-based systems, multi-agent systems, neural networks, particle swarm intelligence, and data mining. Prof. Dr. Zita Vale actively participates in several technical working groups and committee, namely from IEEE.

The third presentation “An Extreme-Scale Distributed Parallel Optimization for Energy Communities” was held by Prof. Dr. Pierluigi Siano.

The presentations were followed by a Q&A and a discussion, moderated by the Chair Prof. Dr. Pierluigi Siano. The webinar was offered via Zoom and required registration to attend. The full recording can be found here on Sciforum website. In order to stay updated on the next webinars on Energies be sure to sign up for our newsletter by clicking on “Subscribe” at the top of the page.

Program

The webinar will start at 10:00 am (CEST) 15 July 2021 and will last maximum 2 hours and a half.

Speaker/Presentation

Time

Prof. Dr. Pierluigi Siano

Introduction

4:00 pm (CST Asia) | 10:00 am (CEST)

Dr. Barry Hayes

"Open Platforms for Decentralised Electricity Trading in Future Power Grids"

4:05 pm (CST Asia) | 10:05 am (CEST)

Prof. Dr. Zita Vale

"Sustainable Energy Solutions for the Smart Grid: The Importance of Citizen Energy Communities"

4:35 pm (CST Asia) | 10:35 am (CEST)

Prof. Dr. Pierluigi Siano

"An Extreme-Scale Distributed Parallel Optimization for Energy Communities"

5:05 pm (CST Asia) | 11:05 am (CEST)

Q&A

5:35 pm (CST Asia) | 11:35 am (CEST)

Relevant Topical Collections and Special Issues

Relevant Topical Collections:

Feature Papers in Smart Grids and Microgrids
Editors: José Matas, Saeed Golestan and Helena Martin

Women's Research in Smart Energy Systems
Editors: Eleonora Riva Sanseverino, Luisa F. Cabeza and Irina Ciornei

Sections and Collections in Energies

Relevant Special Issues:

Advances in Energy Internet
Guest Editor: Junwei Cao
Accepting submissions until 31 October 2021

Advances and Trends in Smart Energy Communities
Guest Editors: Pierluigi Siano and Hassan Haes Alhelou
Accepting submissions until 31 December 2021

Artificial Intelligence for Smart Energy Systems
Guest Editors: Goreti Marreiros, Zita Vale and Bo Nørregaard Jørgensen
Accepting submissions until 31 December 2021

Special Issues in Energies

Sponsors and Partners

Organizers

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