The rapid growth of distributed solar energy, such as rooftop photovoltaics (PVs), has revolutionized conventional power systems into more distributed networks, enabling end-users to engage in and trade within the energy market. Maximizing the benefits of rooftop PV panels for residential end-users, including increased renewable energy use and reduced reliance on the utility grid, remains an essential challenge in conventional centralized markets. Moreover, reducing energy consumption may lead to increased peak demand, decreased self-consumption, reduced system flexibility, and reduced grid stability. Therefore, this study presents a transactive energy market framework that integrates home energy management systems (HEMSs) with multi-objective optimization and an aggregator-based, distributed peer-to-peer (P2P) trading strategy to increase rooftop PV utilization and reduce grid dependency within an intra-residential community. The HEMS is structured to integrate rooftop PV production, battery energy storage systems, and smart appliances to offer flexibility through demand response programs in balancing supply and demand by scheduling appliances during periods of rooftop PV production and lower grid prices. Multi-objective (i.e., minimizing energy consumption cost and peak load) optimization problems are solved using the Non-Dominated Sorting Genetic Algorithm-II (NSGA-II) by achieving a Pareto-optimal solution. To validate the reliability and optimality of the NSGA-II results, the same problem formulation is solved using a mixed-integer linear programming approach. Moreover, a Strategic Double Auction with Dynamic Pricing (SDA-DP) strategy is proposed to support P2P trading among consumers and prosumers and thereafter compared with a rule-based zero-intelligence strategy with market-matching rules to analyze the trading performance of the proposed SDA-DP. The results of this comparative analysis (for 10 households, year-long simulation with 15 min time resolution) demonstrate that compared to the baseline case, integrating NSGA-II optimization with SDA-DP trading significantly enhances rooftop PV utilization by 35.11%, reduces grid dependency by 34.04%, and reduces electricity consumption costs by 30.53%, with savings of €1.93 to €6.67 for a single day after participating in the proposed P2P market.
Zeyad et al. (Sun,) studied this question.