This project is developed to suit the electricity network of Jordan, considering minimizing the network losses by trading with the nearest peer. The term “peers” in the energy market indicates the grid-connected parties which could be two or more. These parties are available in the grid in two forms, ordinary consumers, and prosumers (consumers who have their renewable energy resources such as rooftop solar systems). Peer-to-peer (P2P) energy trading enables prosumers to actively participate in the electricity market and gain incentivized profits. The P2P market is constructed in the low voltage network within a microgrid or among neighbor microgrids. The energy market has been revolutionized in recent years due to various aspects. These aspects include the proliferation of distributed renewable energy resources and the increase in the number of prosumers in the local electricity network, as well as the development in information systems. The local energy market is undergoing several developments to accommodate energy participants through various trading mechanisms and balance the supply and demand within the microgrid. Prosumers who are the agents with renewable energy resources such as rooftop solar panels are integrated with the grid and trade their excess energy using certain policies that vary from one country to another, for example, net-metering and feed-in tariff. An alternative policy is needed to adapt to the rapid development in the energy sector worldwide. One of the promising trading strategies is Peer-to-peer (P2P) energy trading. This platform is designed for you to join and participate in the local electricity market in Jordan to buy energy at a low cost and start trading your surplus energy with more profits."

How to Trade?

A platform is developed to enable subscribers to share their surplus electricity within the microgrids in Jordanian network. The consumers have to submit their energy requests in kWh. After that prosumer will give there offers to each request with requested energy and their total price. Once the offer is approved by the aggregator, the consumer can select on of the nominated offers. The aggregator will accept only offers with certain losses range, for example (400W in single phase, and 2500 W in 3-phase).

P2P Platform!