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Energy Trading Strategy Incorporating Electric Vehicles
Integrating distributed generation (DG) into the main grid represents a challenge for grid safety and stability, as well as a potential solution for technical and economic issues. The implementation of peer-to-peer (P2P) technology in microgrids incorporating DGs and Energy Storage can raise self-consumption awareness, as well as the economic incentives of consumers and grid operator. In this article, the application of P2P energy trading model is applied at parking of Arab Academy for Science Technology and Martine Transport with photovoltaic (PV) distributed generation and Plug-in hybrid electric vehicles (PHEV) as flexible Energy Storage. Two cases were included such that the trading in the first case is carried out through grid (centralized) and the second case involves deccentralized energy trading via the proposed P2P energy trading method. The simulation of both cases are carried out using MATLAB software. Simulation Results show the positive impact of applying the P2P energy trading system on the energy cost.