EnergyShare AI: Transforming P2P energy trading through advanced deep learning

Abstract

Peer-to-peer (P2P) energy trading is an innovative concept poised to transform energy demand management and utilization. EnergyShare AI is a powerful peer-to-peer energy exchange system that operates on a P2P model that integrates advanced machine learning with distributed energy sharing. This paper presents EnergyShare AI, a technology that connects consumers and prosumers through solar arrays, energy storage systems (ESS), and electric vehicles (EVs). Using Deep Reinforcement Learning (DRL) algorithms, Energy Share AI significantly improves energy management efficiency and substantially reduces costs. Our approach offers several advantages over traditional linear integer programming models, particularly in optimizing bidirectional energy transfer involving EVs and highlighting the critical role of ESS and photovoltaic (PV) systems in facilitating efficient P2P energy trading. Our research results show that successful P2P exchange can lead to significant cost savings and improved sustainability, thereby increasing the amount of energy transferred between different household profiles and stages of human development.

Keywords

• Peer-to-peer energy exchange
• Deep learning
• Energy storage systems
• Solar power systems
• Electric vehicles
• Cost optimization