Prospects for synergies between low-voltage DC microgrid technology and peer-to-peer energy trading markets

Electric power systems are experiencing an unprecedented technological revolution that poses operational and commercial challenges for today's electric power industry. In this context, low voltage DC microgrid technology is attracting growing interest regarding its energy efficiency and local reliability. These micro grids support the innovation and implementation of new local electricity markets such as the emergent peer-to-peer energy trading paradigm which is perceived as a promising solution for tomorrow's power grid. Although, several pilot projects are under test, research is mainly concerned with the development of hardware and software infrastructure and the design of new business models. This paper deals with the prospects for synergies between low-voltage DC microgrid technology and P2P energy trading markets. After focusing on the fundamentals and the links between both concepts, the paper surveys the most innovative peer-to-peer electricity trading projects. A multi-aspect SWOT (strengths, weaknesses, opportunities and threats) analysis approach is conducted. Finally, the environmental impact is evaluated in a vision of sustainable and collaborative energy governance. (C) 2021 Institution of Chemical Engineers. Published by Elsevier B.V. All rights reserved.