{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,1,16]],"date-time":"2026-01-16T12:44:25Z","timestamp":1768567465597,"version":"3.49.0"},"reference-count":34,"publisher":"MDPI AG","issue":"21","license":[{"start":{"date-parts":[[2021,11,8]],"date-time":"2021-11-08T00:00:00Z","timestamp":1636329600000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"DOI":"10.13039\/501100004705","name":"King Mongkut's University of Technology Thonburi","doi-asserted-by":"publisher","award":["61300800004"],"award-info":[{"award-number":["61300800004"]}],"id":[{"id":"10.13039\/501100004705","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Sensors"],"abstract":"<jats:p>Thailand\u2019s power system has been facing an energy transition due to the increasing amount of Renewable Energy (RE) integration, prosumers with self-consumption, and digitalization-based business models in a Local Energy Market (LEM). This paper introduces a decentralized business model and a possible trading platform for electricity trading in Thailand\u2019s Micro-Grid to deal with the power system transformation. This approach is Hybrid P2P, a market structure in which sellers and buyers negotiate on energy exchanging by themselves called Fully P2P trading or through the algorithm on the market platform called Community-based trading. A combination of Auction Mechanism (AM), Bill Sharing (BS), and Traditional Mechanism (TM) is the decentralized price mechanism proposed for the Community-based trading. The approach is validated through a test case in which, during the daytime, the energy import and export of the community are significantly reduced when 75 consumers and 25 PV rooftop prosumers participate in this decentralized trading model. Furthermore, a comparison analysis confirms that the decentralized business model outperforms a centralized approach on community and individual levels.<\/jats:p>","DOI":"10.3390\/s21217413","type":"journal-article","created":{"date-parts":[[2021,11,8]],"date-time":"2021-11-08T22:08:41Z","timestamp":1636409321000},"page":"7413","update-policy":"https:\/\/doi.org\/10.3390\/mdpi_crossmark_policy","source":"Crossref","is-referenced-by-count":4,"title":["Decentralized P2P Electricity Trading Model for Thailand"],"prefix":"10.3390","volume":"21","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-0316-0929","authenticated-orcid":false,"given":"Anchisa","family":"Pinyo","sequence":"first","affiliation":[{"name":"The Joint Graduate School of Energy and Environment, King Mongkut\u2019s University of Technology Thonburi, Bangkok 10140, Thailand"},{"name":"Center of Excellence on Energy Technology and Environment (CEE), Ministry of Higher Education, Science, Research and Innovation (MHESI), Bangkok 10140, Thailand"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Athikom","family":"Bangviwat","sequence":"additional","affiliation":[{"name":"The Joint Graduate School of Energy and Environment, King Mongkut\u2019s University of Technology Thonburi, Bangkok 10140, Thailand"},{"name":"Center of Excellence on Energy Technology and Environment (CEE), Ministry of Higher Education, Science, Research and Innovation (MHESI), Bangkok 10140, Thailand"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Christoph","family":"Menke","sequence":"additional","affiliation":[{"name":"The Joint Graduate School of Energy and Environment, King Mongkut\u2019s University of Technology Thonburi, Bangkok 10140, Thailand"},{"name":"Center of Excellence on Energy Technology and Environment (CEE), Ministry of Higher Education, Science, Research and Innovation (MHESI), Bangkok 10140, Thailand"},{"name":"Department of Building Engineering Services, Trier University of Applied Sciences, 54293 Trier, Germany"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Antonello","family":"Monti","sequence":"additional","affiliation":[{"name":"E. ON Energy Research Center, The Institute for Automation of Complex Power Systems, RWTH Aachen University, Mathieustr. 10, 52074 Aachen, Germany"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"1968","published-online":{"date-parts":[[2021,11,8]]},"reference":[{"key":"ref_1","first-page":"483","article-title":"How Decarbonization, Digitalization and Decentralization are changing key power infrastructures","volume":"99","author":"Favuzza","year":"2018","journal-title":"Renew. Sustain. 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