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Owing to the decreasing costs of distributed energy resources (DERs) as wellas decarbonization policies, power systems are undergoing a modernizationprocess. The large deployment of DERs together with internet of things (IoT)devices provide a platform for peer-to-peer (P2P) energy trading in activedistribution networks. However, P2P energy trading with IoT devices have driventhe grid more vulnerable to cyber-physical threats. To this end, in this paper,a resilience-oriented P2P energy exchange model is developed considering threephase unbalanced distribution systems. In addition, various scenarios forvulnerability assessment of P2P energy exchanges considering adverse prosumersand consumers, who provide false information regarding the price and quantitywith the goal of maximum financial benefit and system operation disruption, areconsidered. Techno-economic survivability analysis against these attacks areinvestigated on a IEEE 13-node unbalanced distribution test system. Simulationresults demonstrate that adverse peers can affect the physical operation ofgrid, maximize their benefits, and cause financial loss of other agents.

Cyber-Physical Vulnerability Assessment of P2P Energy Exchanges in Active Distribution Networks