scholarly journals Complementary business models for distribution system operator in a peer-to-peer electricity market

2021 ◽  
Author(s):  
Van Hoa Nguyen ◽  
Quoc Tuan Tran ◽  
Yvon Besanger ◽  
Antoine Labonne
Keyword(s):  
Electricity Market ◽  
Distribution System ◽  
Business Models ◽  
Peer To Peer ◽  
System Operator

scholarly journals Smart Grid Development: Multinational Demo Project Analysis

2016 ◽  
Vol 53 (6) ◽  
pp. 3-11 ◽  
Author(s):  
I. Oleinikova ◽  
A. Mutule ◽  
A. Obushevs ◽  
N. Antoskovs
Keyword(s):  
Best Practices ◽  
Smart Grid ◽  
Demand Response ◽  
Distribution System ◽  
Business Models ◽  
System Level ◽  
System Service ◽  
Project Analysis ◽  
System Operator ◽  
The Baltic

Abstract This paper analyses demand side management (DSM) projects and stakeholders’ experience with the aim to develop, promote and adapt smart grid tehnologies in Latvia. The research aims at identifying possible system service posibilites, including demand response (DR) and determining the appropriate market design for such type of services to be implemented at the Baltic power system level, with the cooperation of distribution system operator (DSO) and transmission system operator (TSO). This paper is prepared as an extract from the global smart grid best practices, smart solutions and business models.

Flexibilization of Biogas Plants through Intelligent Automation Generates Earning Opportunities

2016 ◽  
Vol 19 ◽  
pp. 74-80
Author(s):  
Ralf Böhm ◽  
Ralph M. Schaidhauf ◽  
Robert Spanheimer ◽  
Diana Maria Erdmann ◽  
Jörg Franke
Keyword(s):  
Electricity Market ◽  
Distribution System ◽  
Power Plants ◽  
Electrical Network ◽  
High Demand ◽  
Renewable Power ◽  
Wind Power Plants ◽  
Renewable Power Generation ◽  
System Operator ◽  
Biogas Plants

Due to guaranteed feed-in tariffs under the Renewable Energy Act and the feed-in precedence of renewable power generation plants the operation of biogas plants in Germany is currently plannable and economically advantageous. However, it is foreseeable that without this subvention biogas plants cannot compete with other regenerative plants such as photovoltaic and wind power plants on the open electricity market. Accordingly, it is of great importance for biogas plant operators to identify and occupy suitable niches to make full use of the unique features of their plants. Because of their predictable availability, those plants can particularly benefit of earning opportunities in times of high demand and contribute to grid stabilization. In order to keep the effort for plant operators as low as possible the automation of existing biogas plants can be extended and enabled to communicate with market platforms or control centers of the distribution system operator. Thus biogas plants can contribute to balancing group compensation not only for accounting purposes but factual by appropriate feed-in into the electrical network in consideration of actual demand.

scholarly journals The Regulatory Framework for Market Transparency in Future Power Systems under the Web-of-Cells Concept

Energies ◽  
2019 ◽  
Vol 12 (5) ◽  
pp. 880 ◽  
Author(s):  
Viktorija Bobinaite ◽  
Marialaura Di Somma ◽  
Giorgio Graditi ◽  
Irina Oleinikova
Keyword(s):  
Electricity Market ◽  
Distribution System ◽  
Renewable Energy Sources ◽  
Voltage Control ◽  
The European Union ◽  
Market Transparency ◽  
Disclosure Of Information ◽  
System Operator ◽  
Wholesale Electricity Market ◽  
The Web

This paper investigates the regulatory rules of market transparency which could be applied within the wholesale electricity market and market for frequency and voltage control in the Web-of-Cells (WoC) decentralized power control architecture, which has been developed in the ELECTRA Project to respond the challenges and needs of the future power system (2030+). In this decentralized functional architecture for frequency and voltage control, the European Union (EU) power grid is divided into grid control areas, i.e., cells, which are defined as portions of the grid having adequate monitoring infrastructure and local reserves capacity, allowing voltage and balancing (frequency) problems to be solved at cell level, under the responsibility of a Cell System Operator (CSO) (present Distribution System Operator (DSO)/Transmission System Operator (TSO)). In order to foster the practical realization of the WoC-based architecture, the related wholesale electricity market and market for frequency and voltage control are proposed considering the competitive market principles, including transparency. The critical review of the existing EU regulations dealing with this issue suggests respecting the valid provisions on market transparency while tailoring them into the WoC-based architecture. Moreover, in order to take into account the WoC peculiarities, a set of integrations to the current regulatory rules is also proposed, addressing: (1) disclosure of information in respect to attributes of emerging technologies such as renewable energy sources (RES), distributed energy resources (DER), storage; (2) provision of generation and load forecast information; (3) process of procurement of flexibilities; (4) retail market transparency; (5) disclosure of privacy-sensitive household attributes; and (6) disclosure of information on market for frequency and voltage control.

scholarly journals Business Models to Exploit Possibilities of E-mobility: An Electricity Distribution System Operator Perspective

2019 ◽  
Vol 48 (1) ◽  
pp. 1-10 ◽  
Author(s):  
István Vokony ◽  
Bálint Hartmann ◽  
József Kiss ◽  
Péter Sőrés ◽  
Csaba Farkas
Keyword(s):  
Distribution System ◽  
Business Models ◽  
Economic Benefits ◽  
Research Topic ◽  
Electricity Distribution ◽  
Electric Cars ◽  
Target Individual ◽  
System Operator ◽  
Common Framework ◽  
Potential Customers

E-mobility is a fast-developing field of electrical industry not only in in Hungary but in Europe and worldwide as well. Besides their environmental, social and economic benefits, electric cars offer further significant possibilities for distribution system operators, for example through the exploitation of controlled charging. This is a hot research topic, but uniform and well-tried solutions are still not available. Actors in electromobility are still forming, thus it is still not known which customer groups might be partners in controlled charging.Present paper enlists solutions offering more than traditional optimization processes based on solely one objective function. The five business solutions proposed here aim at matching electric cars with the present and future operation of DSOs. Two methods (Vehicle2Home and Night Rider) target individual customers, while the other three proposals (E-pump, plug&WORK, ENTERPRISeFLEET) are for fleets. A common framework is used to describe these methods here, and both potential customers and the advantages for DSOs are given. Out of the five solutions above, a detailed business model was developed for three concepts, specifying costs and expected incomes. Avoided costs were identified separately, which include all expenses that might be qualitatively or quantitatively influenced by charging of electric cars or controlled charging.

scholarly journals Optimal Simulation of Three Peer to Peer (P2P) Business Models for Individual PV Prosumers in a Local Electricity Market Using Agent-Based Modelling

Buildings ◽  
2020 ◽  
Vol 10 (8) ◽  
pp. 138 ◽  
Author(s):  
Marco Lovati ◽  
Xingxing Zhang ◽  
Pei Huang ◽  
Carl Olsmats ◽  
Laura Maturi
Keyword(s):  
Electricity Markets ◽  
Electricity Market ◽  
Business Models ◽  
Energy System ◽  
Peer To Peer ◽  
Positive Energy ◽  
Financial Flows ◽  
Agent Based ◽  
Agent Based Modelling ◽  
Self Sufficiency

Solar photovoltaic (PV) is becoming one of the most significant renewable sources for positive energy district (PED) in Sweden. The lack of innovative business models and financing mechanisms are the main constraints for PV’s deployment installed in local communities. This paper therefore proposes a peer-to-peer (P2P) business model for 48 individual building prosumers with PV installed in a Swedish community. It considers energy use behaviour, electricity/financial flows, ownerships and trading rules in a local electricity market. Different local electricity markets are designed and studied using agent-based modelling technique, with different energy demands, cost–benefit schemes and financial hypotheses for an optimal evaluation. This paper provides an early insight into a vast research space, i.e., the operation of an energy system through the constrained interaction of its constituting agents. The agents (48 households) show varying abilities in exploiting the common PV resource, as they achieve very heterogeneous self-sufficiency levels (from ca. 15% to 30%). The lack of demand side management suggests that social and lifestyle differences generate huge impacts on the ability to be self-sufficient with a shared, limited PV resource. Despite the differences in self-sufficiency, the sheer energy amount obtained from the shared PV correlates mainly with annual cumulative demand.

scholarly journals An Ecosystem View of Peer-to-Peer Electricity Trading: Scenario Building by Business Model Matrix to Identify New Roles

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4438
Author(s):  
Mehdi Montakhabi ◽  
Fairouz Zobiri ◽  
Shenja van der Graaf ◽  
Geert Deconinck ◽  
Domenico Orlando ◽  
...  
Keyword(s):  
Business Model ◽  
Electricity Market ◽  
Business Models ◽  
Peer To Peer ◽  
Security And Privacy ◽  
Future Scenarios ◽  
Scenario Building ◽  
Value Network ◽  
Electricity Trading ◽  
Model Matrix

This article introduces new roles in future peer-to-peer electricity trading markets. Following a qualitative approach, firstly, the value network of the current electricity market is presented. To do so, service streams, critical roles, activities, and their setting in the electricity market are identified. Secondly, in order to identify the main sources of uncertainty, the business model matrix framework is utilized to analyze peer-to-peer electricity trading. Thirdly, four future scenarios are built based on user involvement and customer ownership. The outcome of the scenario building is the emergence of new roles, brokers, and representatives in the future peer-to-peer electricity markets. Fourth, based on the four future scenarios, changes in the value network, new roles, and emerging/evolving activities are identified. Finally, the two new roles are discussed from grid structure, security and privacy, legal, and data protection perspectives. The data is gathered by conducting semi-structured interviews with stakeholders in the current electricity market as well as potential disruptors. This article elaborates on the configuration of the value network in the electricity market and highlights the changes that peer-to-peer trading imposes to the status quo. Through the outcomes of the value network analysis, it assists policy makers to consider the requirements and current market players to reconsider their business models.

A Blockchain-based Double-sided Auction Peer-to-peer Electricity Market Framework

2020 ◽  
Author(s):  
Godwin C. Okwuibe ◽  
Michel Zade ◽  
Peter Tzscheutschler ◽  
Thomas Hamacher ◽  
Ulrich Wagner
Keyword(s):  
Electricity Market ◽  
Peer To Peer ◽  
Market Framework

scholarly journals Credible Peer-to-Peer Trading with Double-Layer Energy Blockchain Network in Distributed Electricity Markets

Electronics ◽  
2021 ◽  
Vol 10 (15) ◽  
pp. 1815
Author(s):  
Longze Wang ◽  
Yu Xie ◽  
Delong Zhang ◽  
Jinxin Liu ◽  
Siyu Jiang ◽  
...  
Keyword(s):  
Double Layer ◽  
Electricity Markets ◽  
Electricity Market ◽  
Peer To Peer ◽  
Malicious Nodes ◽  
Energy Trading ◽  
Contract Performance ◽  
Trading Model ◽  
Consensus Information ◽  
Available Information

Blockchain-based peer-to-peer (P2P) energy trading is one of the most viable solutions to incentivize prosumers in distributed electricity markets. However, P2P energy trading through an open-end blockchain network is not conducive to mutual credit and the privacy protection of stakeholders. Therefore, improving the credibility of P2P energy trading is an urgent problem for distributed electricity markets. In this paper, a novel double-layer energy blockchain network is proposed that stores private trading data separately from publicly available information. This blockchain network is based on optimized cross-chain interoperability technology and fully considers the special attributes of energy trading. Firstly, an optimized ring mapping encryption algorithm is designed to resist malicious nodes. Secondly, a consensus verification subgroup is built according to contract performance, consensus participation and trading enthusiasm. This subgroup verifies the consensus information through the credit-threshold digital signature. Thirdly, an energy trading model is embedded in the blockchain network, featuring dynamic bidding and credit incentives. Finally, the Erenhot distributed electricity market in China is utilized for example analysis, which demonstrates the proposed method could improve the credibility of P2P trading and realize effective supervision.

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