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Monte Carlo Simulation of the Profits of Households in a Peer-to-Peer Electricity Market Accounting for Imbalance Charges - Results

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posted on 2023-08-01, 16:43 authored by Timothy CapperTimothy Capper, Jaise Kuriakose, Maria Sharmina

Results from Monte Carlo simulation of households with rooftop PV acting in a peer-to-peer electricity market. The model calculated the profit of a households in the peer-to-peer electricity market accounting for imbalance charges. The revenue from the traditional market (retail market and feed-in tariff) is also calculated for comparison. See linked software in related materials section.

Funding

EPSRC Centre for Doctoral Training in Power Networks at The University of Manchester

Engineering and Physical Sciences Research Council

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