scholarly journals Reinforcement learning in local energy markets

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Samrat Bose ◽  
Enrique Kremers ◽  
Esther Marie Mengelkamp ◽  
Jan Eberbach ◽  
Christof Weinhardt
Keyword(s):  
Reinforcement Learning ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Energy System ◽  
Energy Markets ◽  
Market Mechanism ◽  
Machine Learning Algorithms ◽  
Local Energy ◽  
Energy Prices ◽  
Strategic Learning

AbstractLocal energy markets (LEMs) are well suited to address the challenges of the European energy transition movement. They incite investments in renewable energy sources (RES), can improve the integration of RES into the energy system, and empower local communities. However, as electricity is a low involvement good, residential households have neither the expertise nor do they want to put in the time and effort to trade themselves on their own on short-term LEMs. Thus, machine learning algorithms are proposed to take over the bidding for households under realistic market information. We simulate a LEM on a 15 min merit-order market mechanism and deploy reinforcement learning as strategic learning for the agents. In a multi-agent simulation of 100 households including PV, micro-cogeneration, and demand shifting appliances, we show how participants in a LEM can achieve a self-sufficiency of up to 30% with trading and 41,4% with trading and demand response (DR) through an installation of only 5kWp PV panels in 45% of the households under affordable energy prices. A sensitivity analysis shows how the results differ according to the share of renewable generation and degree of demand flexibility.

scholarly journals Engineering Energy Markets: The Past, the Present, and the Future

2021 ◽  
pp. 113-134
Author(s):  
Clemens van Dinther ◽  
Christoph M. Flath ◽  
Johannes Gaerttner ◽  
Julian Huber ◽  
Esther Mengelkamp ◽  
...  
Keyword(s):  
Energy Supply ◽  
Energy Transition ◽  
Energy System ◽  
Congestion Management ◽  
Energy Markets ◽  
Local Energy ◽  
Energy Trading ◽  
Good Market ◽  
Efficient Resource ◽  
Market Engineering

AbstractSince the beginning of the energy sector liberalization, the design of energy markets has become a prominent field of research. Markets nowadays facilitate efficient resource allocation in many fields of energy system operation, such as plant dispatch, control reserve provisioning, delimitation of related carbon emissions, grid congestion management, and, more recently, smart grid concepts and local energy trading. Therefore, good market designs play an important role in enabling the energy transition toward a more sustainable energy supply for all. In this chapter, we retrace how market engineering shaped the development of energy markets and how the research focus shifted from national wholesale markets to more decentralized and location-sensitive concepts.

scholarly journals Energy transition and willingness to pay for renewable energy: The case of environmental students

2021 ◽  
Vol 899 (1) ◽  
pp. 012048
Author(s):  
Evangelia Karasmanaki
Keyword(s):  
Social Media ◽  
Renewable Energy ◽  
Willingness To Pay ◽  
Energy Production ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Energy System ◽  
Electricity Production ◽  
Energy Sources

Abstract Examining willingness-to-pay (WTP) for renewable energy sources (RES) as well as views on energy topics can enable policymakers to design effective measures for facilitating the transition from fossil fuels to a renewable-based energy system. The aim of this study was to investigate environmental students’ willingness-to-pay for renewables and their views on various energy topics. Results showed that respondents preferred renewable-based electricity production to conventional energy production while solar energy emerged as the most preferred renewable type. In addition, most respondents were willing to pay for renewable energy but would pay relatively low sums of money per month. Moreover, respondents were divided over whether new lignite plants should be constructed in Greece. Finally, social media and special websites were the most favored media of daily information.

scholarly journals MARKET MECHANISM FORMATION FOR STIMULATING THE DEVELOPMENT OF ENERGY ACCUMULATION SYSTEMS IN UKRAINE

2021 ◽  
Vol 2021 (3) ◽  
Author(s):  
U. Pysmenna ◽  
I. Sotnyk ◽  
O. Kubatko ◽  
G. Trypolska ◽  
T. Kurbatova
Keyword(s):  
Energy Storage ◽  
Electricity Market ◽  
Service Providers ◽  
Storage Systems ◽  
Renewable Energy Sources ◽  
Energy System ◽  
Economic Incentives ◽  
Market Mechanism ◽  
Energy Storage Systems ◽  
Cost And Benefit Analysis

development of energy storage systems. The current state of energy storage systems in Ukraine is studied. The capacity of the segment of energy storage systems in the energy market, due to the need to meet the requirements of the European Energy Community on the flexibility of the integrated energy system, renewable energy sources and the objective need to use such systems as system service providers. The sufficiency of market and state incentives for the broad application and development of energy storage technologies in the conditions of quasi-competitive and full-scale electricity market of Ukraine is determined, taking into account the perspective tendencies of energy development. The cost and benefit analysis of investment projects for installation and operation of energy storage systems for three most common and prospective types of applications for the Ukrainian electricity market: participation in the market of ancillary system services, participation in the balancing market and system constraints reduction (renewables) is conducted. The sensitivity of project indicators of these types of applications is analyzed depending on the number of parameters: variations in specific capital expenditures, green tariff rates, market prices "day ahead" and market conditions of system services. It is substantiated that in Ukraine the energy storage systems are the most promising as the providers of system services for primary regulation of frequency and power, a sufficient reserve of which is one of the conditions for integration of the Ukrainian power system into the European energy system ENTSO-E, ancillary services through auctions for the provision of primary regulation services with a long-term time horizon. Regarding the prospects for the development of decentralized energy system, it is proved that the development of decentralized storage systems consisting of industrial facilities, substations and other low-capacity energy facilities has great potential with reformatting the energy system architecture to "smart grid" standards to form fundamentally new economic incentives for the development of energy storage systems.

scholarly journals ANALYSIS OF WAYS FOR DECARBONIZATION OF THE EU HEATING SECTOR (REVIEW)

2020 ◽  
Vol 42 (4) ◽  
pp. 93-101
Author(s):  
T.A. Zheliezna ◽  
A.I. Bashtovyi
Keyword(s):  
Renewable Energy ◽  
Heat Supply ◽  
New Technologies ◽  
Renewable Energy Sources ◽  
District Heating ◽  
Energy Transition ◽  
Energy System ◽  
Green Energy ◽  
Heating Systems ◽  
The Eu

The aim of the work is to analyze possible ways of decarbonization of the EU heat supply sector. The task of the work is to identify the most promising areas and develop appropriate recommendations for Ukraine. The heat supply sector of the EU and Ukraine needs decarbonization, for which there is a big potential and different areas of implementation of relevant measures. In Europe, such a strategy is set out in the Roadmap for decarbonization of the EU heating sector until 2050, the main provisions of which are in line with objectives of the European Green Deal and the EU Strategy on Heating and Cooling. European experts have developed the concept of a smart energy system, which was taken into account when preparing the Roadmap for decarbonization of the EU heating sector until 2050. A number of carried out studies have shown that a smart energy system with 50% district heating integrated with other parts of the overall energy system is more efficient than a conventional energy system or the one based on decentralized heat supply, in terms of the possibility of using a high share of renewable energy. It is recommended for Ukraine to finalize the Concept of green energy transition until 2050, taking into account European approaches to the development of heating systems and the use of modern biofuels. It is also recommended to expand the current Concept of heat supply of Ukraine to the level of a strategy with an emphasis on the development of district heating systems, wide involvement of renewable energy sources and new technologies.

Uloga i značaj Zajednica obnovljivih izvora energije u energetskoj tranziciji – neka zapažanja

2021 ◽  
Vol XXIII (4) ◽  
pp. 64-69
Author(s):  
Goran Rimac
Keyword(s):  
Renewable Energy ◽  
Energy Production ◽  
New Technologies ◽  
Production Systems ◽  
Renewable Energy Sources ◽  
Energy System ◽  
Energy Sources ◽  
Local Energy ◽  
Eu Directive ◽  
Decentralized Energy

Until recently, the prevailing idea was that for the functioning of the energy system it is necessary to be composed of large plants and for energy to move from the centre of production to cities and places of consumption. With the advent of decentralized energy production systems and new technologies for their use, the original model is changing more and more. EU Directive 2018/2001 on the promotion of the use of renewable energy sources (RES) designates “prosumers”, i.e. at the same time both producers and consumers of renewable energy, as well as RES communities, while EU Directive 2019/944 introduced the term “citizen energy communities”, i.e. civil energy communities, provided that this Directive, in addition to the distributive production of electricity from RES, also includes electricity from other sources. EU member states are obliged to adopt their own regulations regarding the implementation of the directives, and after that the appropriate incentive measures. The Energy Communities initiative offers citizens new opportunities in terms of active involvement in energy issues. As they are decentralized RES-based projects, they promote the practice of sustainable energy production and consumption, as well as energy storage and exchange within the community. Traditionally passive consumer becomes an energy “prosumer”, a co-owner of a RES plant and a member of the energy community. There are thousands of so-called RES cooperatives in Europe, which are the most common organizational form of energy communities and can play an important role in the process of decentralization of the energy system. The transition to decentralized energy production has many advantages, namely: the use of local energy sources, increased security of local energy supply, shorter transport distances and reduced losses in energy transmission, encouraging community development and creating local jobs. The purpose of this paper is to bring closer to the general public in Serbia the concept of energy communities, what they are and what their role is, with most of the work dealing with energy communities in the EU.

scholarly journals Bottom-up Modeling of Local Energy Markets within a Pan-European Wholesale Electricity Market Model

2020 ◽  
Author(s):  
Carlo Schmitt ◽  
Kenneth Samaan ◽  
Henrik Schwaeppe ◽  
Albert Moser
Keyword(s):  
Electricity Market ◽  
Energy System ◽  
Energy Markets ◽  
Computational Effort ◽  
Market Model ◽  
Local Energy ◽  
Wholesale Market ◽  
Bottom Up ◽  
Local Markets ◽  
The Impact

The energy system decarbonization and decentralization<br>require coordination schemes for distributed generators<br>and flexibilities. One coordination approach is local energy markets for trading energy among local producers and consumers. The resulting local coordination leads to the questions of how the interaction between local and wholesale markets will be designed and of how the introduction of local energy markets influences the wholesale market system. Therefore, this paper proposes a bottom-up modeling method for local markets within a pan- European wholesale market model. Furthermore, an aggregation-disaggregation method for local markets is developed to reduce computational effort. A case study for local markets in Germany shows the computational advantages of the aggregation-disaggregation method. Preliminary results indicate the impact of different interaction designs between local and wholesale markets on the wholesale market and show the need for further research.

scholarly journals Urban Energy Transitions in Europe, towards Low-Socio-Environmental Impact Cities

2021 ◽  
Vol 13 (21) ◽  
pp. 11641
Author(s):  
Olatz Azurza-Zubizarreta ◽  
Izaro Basurko-PerezdeArenaza ◽  
Eñaut Zelarain ◽  
Estitxu Villamor ◽  
Ortzi Akizu-Gardoki ◽  
...  
Keyword(s):  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Local Level ◽  
Research Work ◽  
Energy Transition ◽  
Energy System ◽  
Radical Change ◽  
Data Availability ◽  
Energy Field ◽  
Key Factor

Achieving the ambitious targets set by Europe in its 2050 roadmap, moving away from fossil fuels towards renewable energy sources, while reducing carbon emissions, will require a radical change in Europe’s energy system. Much of the action that will enable this energy transition to be realised in a democratic way is at the local level. It is at this level that many of the decisions regarding the energy transition desired by European citizens will have to be taken. The methodology used in this study is based on data collection, literature review, data validation and analysis. A part of this analysis will also be taken by the mPower project as a diagnostic baseline. The first finding of this research work is that energy transition data availability at the local level is quite low. Second, the local authorities are experiencing difficulties in decarbonising their energy consumption. Finally, the factor with highest positive relationships with other energy transition variables is the number of people employed in the field of energy transition. The results suggest that in order to lead a participatory energy transition, the workforce specifically dedicated to energy transition is a key factor, clearly differentiating it from staff working on the general energy field.

scholarly journals Methods and models of estimating energy transition on the example of Zhytomyr united territorial community

2021 ◽  
Vol 2021 (4) ◽  
pp. 74-101
Author(s):  
Oleksandr Diachuk ◽  
◽  
Andrii Semeniuk ◽  
◽  
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
System Development ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Energy System ◽  
Local Economy ◽  
Carbon Intensity ◽  
Baseline Scenario ◽  
The Times

The paper presents results of scenario modelling and assessment of energy transition to 2050 in the Zhytomyr territorial community (TC), which provides for a switching from fossil carbon based energy resources in the current TC energy system functioning to 100% use of renewable energy sources (RES) which meets all energy demands and supports the Sustainable Development of TC in accordance with the relevant UN goals. For this purpose, the optimizational economic and mathematical TIMES-Zhytomyr model (no analogues in Ukraine), based on the TIMES-Ukraine model, was developed. It includes 647 energy technologies that are currently available or may be presented in the coming years in Ukrainian market. For the development of the TIMES-Zhytomyr model, a low-available local energy statistics was processed. As a result, the first energy balance by the form of the International Energy Agency for the large Ukrainian city and the basic energy-technological system of Zhytomyr TC were developed. Using the TIMES-Zhytomyr model, based on foreign and Ukrainian experience, for the first time, four scenarios of Zhytomyr TC energy system development were designed and modelled, covering all economic sectors and household sector (population). The first one is the Baseline scenario, which displays the possible dynamics of the energy system development without a purposeful energy efficiency policy, the development of RES, etc. Three other scenarios are aimed at studying TC’s transition capabilities by 2050 to 100% renewable energy and environmentally friendly technologies use. The results of modelling confirmed that the available renewable energy resource and technological potential allows Zhytomyr TC to perform the energy transition to 2050 in an economically feasible and socially acceptable way, significantly reducing energy and carbon intensity of the local economy, substantially eliminating GHG emissions, increasing the welfare of citizens and creating at least 10 thousand new workplaces. It will also significantly contribute to Zhytomyr TC to reach at least 10 of the 17 UN Sustainable Development Goals. The research results presented, due to a significant novelty and large-scale relevance of the task, are essential in both the theoretical and practical significance. They can be used by scientists for their research and by authorities and experts for development of local, regional or national level strategies, plans or programs of economic, energy, transport, climate and ecology scope. It can also be considered as one of the first steps in preparation of a comprehensive strategy for the Zhytomyr TC development to achieve climate neutrality in accordance with the current objectives of the European Union.

The Fourth Energy Transition and Development of Energy Sector in Kazakhstan

2020 ◽  
Vol 9 (3) ◽  
pp. 735
Author(s):  
Assem S. BAKTYMBET ◽  
Saule S. BAKTYMBET ◽  
Rakymzhan K. YELSHIBAYEV ◽  
Galiya S. UKUBASSOVA ◽  
Aisara S. BAKTYMBET
Keyword(s):  
Renewable Energy ◽  
New Technologies ◽  
Renewable Energy Sources ◽  
Energy Transition ◽  
Energy System ◽  
Energy Sector ◽  
Energy Industry ◽  
Energy Sources ◽  
Global Energy ◽  
The World

The relevance of the subject matter is conditioned upon the fact that currently the main direction of global energy development is already clearly visible: under the influence of changes in energy policy and the development of new technologies, the world is entering the stage of the fourth energy transition to the widespread use of renewable energy sources and displacement of fossil fuels. The development of Kazakhstan's economy requires the transition of energy towards clean and safe renewable sources, which will let the country build a new strong economy and break out of the long-running socio-economic decline, help the international community solve the problem of climate change and improve the safety and welfare of its citizens. The purpose of the study: The purpose of the paper is to develop recommendations for the development of Kazakhstan's energy industry at a new stage in the fundamental transformation of the global energy system. Leading approach to researching the problem. The leading methods of researching the problems of the paper include the analysis of theoretical sources, analysis of statistics, and comparison. Analysis of statistical indicators plays a crucial role in the study, since data on the development of Kazakhstan's energy industry can be directly obtained from statistical databases. The results of the study. The paper discusses the essence of the fourth energy transition, its main aspects, explores renewable energy sources, identifies the features and problems of Kazakhstan's energy industry, and develops ways to solve them. Prospects for further research. To implement the modern provisions of the fourth energy transition in Kazakhstan, it is necessary to use a systematic approach. The basic elements of such a transition are the introduction of renewable energy and energy efficiency (the intensification of reducing the energy intensity of goods and services). The materials of the paper are of practical value for the development of Kazakhstan’s energy during the period of fundamental structural transformations of the world energy sector.  

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