Local Energy Trading Under Emerging Regulatory Frameworks: Impacts on Market Participants and Power Balance in Distribution Grids

2021 ◽  
Author(s):  
Lin Herencic ◽  
Perica Ilak ◽  
Ivan Rajsl ◽  
Marko Kelava
Keyword(s):  
Power Balance ◽  
Local Energy ◽  
Energy Trading ◽  
Market Participants ◽  
Regulatory Frameworks ◽  
Distribution Grids

Peer-to-Peer Energy Trading Enabled Optimal Decentralized Operation of Smart Distribution Grids

2021 ◽  
pp. 1-1
Author(s):  
Lahanda Purage Mohasha Isuru Sampath ◽  
Amrit Paudel ◽  
Hung D. Nguyen ◽  
Eddy Y. S. Foo ◽  
Hoay Beng Gooi
Keyword(s):  
Peer To Peer ◽  
Energy Trading ◽  
Distribution Grids

scholarly journals SynergyGrids: blockchain-supported distributed microgrid energy trading

2021 ◽  
Author(s):  
Moayad Aloqaily ◽  
Ouns Bouachir ◽  
Öznur Özkasap ◽  
Faizan Safdar Ali
Keyword(s):  
Energy Consumption ◽  
Energy Demand ◽  
Hybrid Approach ◽  
Energy Resources ◽  
Local Energy ◽  
Trading System ◽  
Data Set ◽  
Energy Trading ◽  
Hybrid Energy ◽  
Smart Contract

AbstractGrowing intelligent cities is witnessing an increasing amount of local energy generation through renewable energy resources. Energy trade among the local energy generators (aka prosumers) and consumers can reduce the energy consumption cost and also reduce the dependency on conventional energy resources, not to mention the environmental, economic, and societal benefits. However, these local energy sources might not be enough to fulfill energy consumption demands. A hybrid approach, where consumers can buy energy from both prosumers (that generate energy) and also from prosumer of other locations, is essential. A centralized system can be used to manage this energy trading that faces several security issues and increase centralized development cost. In this paper, a hybrid energy trading system coupled with a smart contract named SynergyGrids has been proposed as a solution, that reduces the average cost of energy and load over the utility grids. To the best of our knowledge, this work is the first attempt to create a hybrid energy trading platform over the smart contract for energy demand prediction. An hourly energy data set has been utilized for testing and validation purposes. The trading system shows 17.8% decrease in energy cost for consumers and 76.4% decrease in load over utility grids when compared with its counterparts.

scholarly journals Crypto assets regulation in the UK: an assessment of the regulatory effectiveness and consistency

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sherena Sheng Huang
Keyword(s):  
Regulatory System ◽  
Court Case ◽  
Content Type ◽  
Regulatory Scheme ◽  
Regulatory Guidance ◽  
Market Participants ◽  
Legal Provisions ◽  
Regulatory Frameworks ◽  
The Uk ◽  
The Eu

Purpose The UK authority published its first regulatory guidance on crypto-assets in July 2019. This paper aims to critically evaluate the effectiveness of the crypto-asset regulation in the UK and the consistency of the existing regulatory scheme. Design/methodology/approach This paper adopts comparative methods to carry out the analysis. The paper begins by elaborating the development of crypto-assets alongside the financial innovation in the world and pinpointing the core Acts and Regulations applied to crypto-assets in the UK. The paper also discusses a court case in the EU to highlight an argument among legal professions concerning crypto-assets classification. Findings Through carefully analysing relevant primary and secondary legislation of the UK and EU, this paper identifies some unclarified issues in the regulatory framework and discovers three flaws in the regulatory system. The paper concludes that the effectiveness of the current regulatory scheme is poor and room for improvement exists. Originality/value The paper provides the first review and a thorough analysis of the Laws and Acts applied to the crypto-asset regulation in the UK. It also calls on a simpler and clearer regulatory scheme from the perspectives of market participants and consumers. The discovered issues in the crypto-asset regulation in the UK may urge authorities to improve the existing regulatory frameworks and legal provisions.

Cournot oligopoly game-based local energy trading considering renewable energy uncertainty costs

2020 ◽  
Vol 159 ◽  
pp. 1117-1127
Author(s):  
Yajun Zhang ◽  
Chenghong Gu ◽  
Xiaohe Yan ◽  
Furong Li
Keyword(s):  
Renewable Energy ◽  
Cournot Oligopoly ◽  
Local Energy ◽  
Energy Trading

Understanding regulatory trends: digital assets & anti-Money laundering

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Katherine Kirkptrick ◽  
Aaron Stevens ◽  
Jacob Gerber ◽  
Margaret Nettesheim ◽  
Sebastian Bellm
Keyword(s):  
Money Laundering ◽  
Content Type ◽  
Global Regulators ◽  
Market Participants ◽  
Regulatory Frameworks ◽  
Investment Opportunities ◽  
Digital Asset ◽  
Practical Implications ◽  
Regulatory Landscape ◽  
Digital Assets

Purpose To evaluate the global anti-money laundering regulation of digital assets and cryptocurrencies. Design/methodology/approach This article provides an analysis of macro trends in digital asset money laundering regulation and explores the regulatory frameworks in some of the leading international crypto markets. Findings As the popularity and public adoption of digital assets have grown, global regulators have turned their attention to the risks of anti-money laundering. Monitoring the evolving international regulatory landscape is essential for organizations looking to successfully take advantage of digital asset-related investment opportunities. Practical implications Market participants should understand all applicable laws and procedures before they decide to enter the digital asset market. These considerations can become even more complex as businesses interact with multiple international regulators. Originality/value This article is designed to help investors understand the global anti-money laundering regulatory landscape regarding digital assets, particularly for those institutions interested in diversifying with crypto-related investment opportunities.

Sign in / Sign up

Export Citation Format

Share Document