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EnergyShare AI: Transforming P2P energy trading through advanced deep learning
Nouf Atiahallah Alghanmi1, Hanadi Alkhudhayr2
1Faculty of Computing and Information Technology, Department of Information Technology, King Abdulaziz University, Rabigh, 21911, Saudi Arabia.
EnergyShare AI enables peer-to-peer (P2P) energy trading using machine learning, connecting homes with solar arrays, storage, and EVs. This system optimizes energy sharing, reducing costs and improving sustainability for consumers and prosumers.
Area of Science:
- Energy Systems Engineering
- Artificial Intelligence
- Sustainable Energy
Background:
- Peer-to-peer (P2P) energy trading is emerging as a transformative approach to energy demand management.
- Traditional energy systems face challenges in integrating distributed energy resources and optimizing energy flow.
Purpose of the Study:
- To introduce EnergyShare AI, a novel P2P energy exchange system leveraging machine learning.
- To demonstrate the system's capability in managing energy sharing among consumers and prosumers with solar arrays, energy storage systems (ESS), and electric vehicles (EVs).
Main Methods:
- Development and application of Deep Reinforcement Learning (DRL) algorithms within the EnergyShare AI framework.
- Optimization of bidirectional energy transfer, considering the roles of ESS and photovoltaic (PV) systems.
Main Results:
- EnergyShare AI significantly enhances energy management efficiency and reduces operational costs.
- The system facilitates substantial cost savings and promotes improved sustainability through efficient P2P energy exchange.
- Increased energy transfer observed between diverse household profiles and developmental stages.
Conclusions:
- EnergyShare AI offers a superior alternative to traditional linear integer programming models for P2P energy trading.
- The integration of DRL, ESS, and EVs is critical for efficient and cost-effective P2P energy transactions.
- Successful P2P energy trading contributes to a more sustainable and economically viable energy landscape.
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