Residential Energy Communities: Balancing Stakeholder Financial Interests, Heat Decarbonisation and Grid Limitations

Abstract

Simulated an energy community with solar panels, EVs, and heat pumps across different seasons using an agent-based model. Explored the impact of various retail tariffs and energy transaction modes, with the agile tariff favouring supplier profit and TOU benefit- ing prosumers. P2P trading slightly reduced supplier and prosumer profits, especially in winter, but additional resources could mitigate these effects. P2P trading through EV battery flexibility mitigated load peaks, consequently reducing grid strain, improving net load balancing, and eventually, enhancing the integration of renewable energy resources.

Keywords: Electrification, Electric vehicles, P2P Trading, heat decarbonisation, Smart grid, Flexibility