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Local electrical market based on a Multi-agent system

2017 IEEE 14th International Conference on Networking, Sensing and Control (ICNSC), 2017
The rise of distributed generation makes more difficult the power balance between demand and generation in electrical networks, especially by the uncertainty of renewable generation. Smart grid concepts have been developed to solve this problem. A set of generators, loads and storage devices are locally managed to minimize the energy cost.
J. A. Domínguez-Navarro   +6 more
openaire   +2 more sources

Mitigating Cyber Vulnerabilities in Local Electricity Markets

2022
Improved management of the distribution level of the electric grid could allow faster and more reliable deployment of renewable energy sources, better support for electric vehicles, and greater grid resilience. One approach to achieving these benefits is to develop decentralized local electricity markets (LEMs).
Jason Dedrick   +3 more
openaire   +1 more source

Hybrid Local Electricity Market Designs with Distributed and Hierarchical Structures

2023 IEEE Belgrade PowerTech, 2023
With the increasing penetration of distributed energy resources (DERs), prosumers are becoming more active and consumer-centric electricity market designs are needed at the distribution grid level. In order to co-optimize the local energy source management of the prosumers and the energy trading between them, an integrated hybrid local electricity ...
Zhang, Haoyang   +3 more
openaire   +1 more source

Maturity of Blockchain Technology in Local Electricity Markets

2018 15th International Conference on the European Energy Market (EEM), 2018
Currently, blockchain technology is a widely discussed hype in the energy community. It may have the potential to revolutionize the energy system and support the energy transition towards distributed renewable generation. In particular, local electricity markets (LEMs) seem to provide applications for the usage of blockchain technology.
Richter, Bent   +2 more
openaire   +2 more sources

Short Communication: Local Electricity-Hydrogen Market

International Journal of Hydrogen Energy
Magnus Korpas   +2 more
exaly   +2 more sources

Quantifying Factors for Participation in Local Electricity Markets

2018 15th International Conference on the European Energy Market (EEM), 2018
The increasing amount of renewable generation in the German energy system and the rising awareness of residential electricity customers pave the way to the installation of local electricity markets (LEMs). Such local markets allow residential consumers and prosumers to trade electricity on a local level.
Mengelkamp, Esther   +4 more
openaire   +2 more sources

Special Section on Local and Distributed Electricity Markets

IEEE Transactions on Smart Grid, 2023
Rui Bo   +6 more
openaire   +2 more sources

Intelligent Agent Strategies for Residential Customers in Local Electricity Markets

Proceedings of the Ninth International Conference on Future Energy Systems, 2018
The energy transition from a formerly centralized, fossil-fuel based system towards a sustainable system based on a large share of renewable generation calls for a decentralization and regionalization of the electricity system. Local electricity markets (LEMs), on which prosumers and consumers can trade locally produced electricity, meet these ...
Esther Mengelkamp   +2 more
openaire   +3 more sources

Electricity markets and local electricity markets in Europe

2021
Zita Vale   +2 more
openaire   +1 more source

A Review on Coordination Schemes Between Local and Central Electricity Markets

2018 15th International Conference on the European Energy Market (EEM), 2018
A Local electricity market (LEM) is a market place for trading the electricity produced and consumed locally while ensuring the security constraints of the distribution grid. Moreover, LEM acts as a mediator for participation of distributed local resources into the central electricity market (CEM) by facilitating the communication to CEM.
Tohidi, Y.   +2 more
openaire   +3 more sources

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