Participation of Active Buildings in Peer-to-Peer and Local Transactive Energy Markets

Abstract

In recent years, great environmental concerns have led to the transition of the energy sector by integrating distributed energy resources (DER) into the power system. Hence, the former passive buildings of the network are turning into active buildings, which are capable of employing different technologies to store, consume, and produce energy. Furthermore, through the collaborative economy paradigm, end-users are willing to play a more decisive role in the way of trading energy. By implementing a Peer-to-Peer (P2P) energy market, users in active buildings are able to trade energy directly to one another, which brings valuable opportunities for a community of buildings. These opportunities not only facilitate internal energy procurement but also contribute to the provision of different services for the main utility. Hence, in this chapter, different technologies and potentials in a community of active buildings are investigated, and it is described that how these potentials can be activated through local transactive energy markets.