Realizing the Transactive Energy Future with Local Energy Market: an Overview

2022 ◽  
Author(s):  
Yanling Lin ◽  
Jianhui Wang
Keyword(s):  
Energy Market ◽  
Local Energy ◽  
Transactive Energy

scholarly journals Photovoltaics Enabling Sustainable Energy Communities: Technological Drivers and Emerging Markets

Energies ◽  
2021 ◽  
Vol 14 (7) ◽  
pp. 1862
Author(s):  
Alexandros-Georgios Chronis ◽  
Foivos Palaiogiannis ◽  
Iasonas Kouveliotis-Lysikatos ◽  
Panos Kotsampopoulos ◽  
Nikos Hatziargyriou
Keyword(s):  
State Of The Art ◽  
Research Question ◽  
Economic Benefits ◽  
Energy Market ◽  
Small Scale ◽  
Local Energy ◽  
Community Members ◽  
Open Research ◽  
Energy Community

In this paper, we investigate the economic benefits of an energy community investing in small-scale photovoltaics (PVs) when local energy trading is operated amongst the community members. The motivation stems from the open research question on whether a community-operated local energy market can enhance the investment feasibility of behind-the-meter small-scale PVs installed by energy community members. Firstly, a review of the models, mechanisms and concepts required for framing the relevant concepts is conducted, while a clarification of nuances at important terms is attempted. Next, a tool for the investigation of the economic benefits of operating a local energy market in the context of an energy community is developed. We design the local energy market using state-of-the-art formulations, modified according to the requirements of the case study. The model is applied to an energy community that is currently under formation in a Greek municipality. From the various simulations that were conducted, a series of generalizable conclusions are extracted.

Impact of Spot Market Interfaces on Local Energy Market Trading

2019 ◽  
Author(s):  
Carlo Schmitt ◽  
Wilhelm Cramer ◽  
Maria Vasconcelos ◽  
Nicolas Thie
Keyword(s):  
Spot Market ◽  
Energy Market ◽  
Local Energy

scholarly journals Microgrids Bidding Strategy in a Transactive Energy Market

2019 ◽  
Vol 0 (0) ◽  
pp. 0-0
Author(s):  
Hossein Nezamabadi ◽  
Vahid Vahidinasab
Keyword(s):  
Bidding Strategy ◽  
Energy Market ◽  
Transactive Energy

scholarly journals Coalitional Game-Based Transactive Energy Management in Local Energy Communities

2020 ◽  
Vol 35 (3) ◽  
pp. 1729-1740 ◽  
Author(s):  
Changsen Feng ◽  
Fushuan Wen ◽  
Shi You ◽  
Zhiyi Li ◽  
Farhad Shahnia ◽  
...  
Keyword(s):  
Energy Management ◽  
Coalitional Game ◽  
Local Energy ◽  
Transactive Energy
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