| Project ID |
BITS-SRIP/9D6150/2026 |
| Project Title |
Peer-to-Peer Energy Trading: A Pathway Toward Net-Zero Energy Goals |
| Project Description |
Peer-to-Peer (P2P) energy trading represents a decentralized market mechanism that enables prosumers and consumers to directly trade locally generated renewable energy within distribution networks or microgrids. By leveraging advanced metering infrastructure, digital platforms, and intelligent control algorithms, P2P trading enhances local utilization of distributed energy resources, particularly rooftop solar PV and battery energy storage systems. This approach reduces dependency on centralized fossil-fuel-based generation, minimizes transmission losses, and improves overall system efficiency as key requirements for achieving Net-Zero energy goals.
The expected outcomes of this initiative include the development of scalable P2P trading frameworks suitable for urban and semi-urban distribution systems, quantitative assessment of carbon emission reductions, and improved economic incentives for renewable energy adoption. Additionally, the work is expected to demonstrate enhanced grid flexibility, peak load reduction, and resilience through localized energy balancing. The results will provide actionable insights for regulators, utilities, and policymakers to integrate P2P energy trading into existing market structures, supporting India’s and global Net-Zero transition strategies. |
| Project Discipline |
EEE, Instrumentation, CSIS and ECE |
| Faculty Name |
HITESH DATT MATHUR |
| Department |
Department of Electrical & Electronics Engineering |
