Autonomous cooperative energy trading between prosumers for microgrid systems

A method of autonomous cooperative energy trading is proposed for prosumers in microgrid systems with renewable energy generation, storage and prosumer-to-prosumer energy exchange. The trading is based on policies and protocols for sharing and matching of energy schedules, including repayment of energy. Prosumer to Prosumer (P2P) trading mode and Proxy trading mode are described. Simulation results show that the proposed energy trading can increase the utilization of renewable energy, and reduce costs of energy purchase and energy storage.