This paper explores two pricing mechanisms for peer-to-peer electricity trading in residential photovoltaic communities: rule-based and reinforcement learning (RL) based. The rule-based methods include bill-sharing, mid-market rate, and supply-demand-ratio pricing. The RL approach, utilizing a Deep Q-Network, was evaluated with SDR-shaped pricing, showing improved community savings when battery energy storage was introduced. However, rule-based pricing remained competitive, and benefit distribution was uneven among households. AI
IMPACT This research could inform the development of more efficient and equitable electricity trading systems in decentralized energy grids.
RANK_REASON The item is an academic paper detailing a comparison of different pricing mechanisms for peer-to-peer electricity trading. [lever_c_demoted from research: ic=1 ai=0.4]
- bill-sharing
- Deep Q-Network
- euro
- mid-market rate
- PV-BES Communities
- reinforcement learning
- SDR-shaped pricing
- supply-demand-ratio pricing
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