Peer-to-Peer Energy Trading
A system where neighbors can buy and sell excess solar electricity directly to each other using blockchain or utility-mediated platforms, bypassing traditional wholesale markets.
Why It Matters
P2P trading could let solar households earn more for exports than utility buyback rates while letting neighbors buy local, clean power cheaper than retail.
Related Terms
Prosumer
A portmanteau of "producer" and "consumer" — a household or business that both produces and consumes electricity, typically through rooftop solar.
Virtual Power Plant (VPP)
A network of distributed energy resources (solar, batteries, EVs, smart appliances) coordinated by a central platform to provide grid services collectively, functioning like a power plant.
Community Solar
A shared solar installation where multiple customers receive credits on their utility bills for their share of production.