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Developments and Challenges in Local Electricity Markets: A Comprehensive Review [PDF]

open access: yesIEEE Access, 2021
In recent years, power systems have undergone changes in technology and definition of the associated stakeholders. With the increase in distributed renewable generation and small- to medium-sized consumers starting to actively participate on the supply ...
Sigurd Bjarghov   +8 more
doaj   +5 more sources

Local Electricity Markets for Electric Vehicles: An Application Study Using a Decentralized Iterative Approach

open access: yesFrontiers in Energy Research, 2021
Local electricity markets are emerging solutions to enable local energy trade for the end users and provide grid support services when required. Various models of local electricity markets (LEMs) have been proposed in the literature.
Ricardo Faia   +4 more
doaj   +3 more sources

Management of Local Citizen Energy Communities and Bilateral Contracting in Multi-Agent Electricity Markets

open access: yesSmart Cities, 2021
Over the last few decades, the electricity sector has experienced several changes, resulting in different electricity markets (EMs) models and paradigms.
Hugo Algarvio
doaj   +3 more sources

Market Mechanisms for Local Electricity Markets: A review of models, solution concepts and algorithmic techniques

open access: yesRenewable and Sustainable Energy Reviews, 2022
The rapidly increasing penetration of distributed energy resources (DERs) calls for a hierarchical framework where aggregating entities handle the energy management decisions of small DERs and represent these DERs upstream. These energy management decisions are typically envisaged to be made via market-based frameworks, aspiring the so-called Local ...
Nikolaos G Paterakis   +2 more
exaly   +2 more sources

Bidding in local electricity markets with cascading wholesale market integration

open access: yesInternational Journal of Electrical Power and Energy Systems, 2021
Abstract Local electricity markets are a promising idea to foster the efficiency and use of renewable energy at the distribution level. However, as such a new concept, how these local markets will be designed and integrated into existing market structures, and make the most profit from them, is still unclear.
Fernando Lezama   +2 more
exaly   +4 more sources

Automated Negotiation for Peer-to-Peer Electricity Trading in Local Energy Markets

open access: yesEnergies, 2020
Reliable access to electricity is still a challenge in many developing countries. Indeed, rural areas in sub-Saharan Africa and developing countries such as India still encounter frequent power outages.
Christie Etukudor   +5 more
doaj   +3 more sources

Constrained Generation Bids in Local Electricity Markets: A Semantic Approach

open access: yesEnergies, 2020
The worldwide investment in renewable energy sources is leading to the formation of local energy communities in which users can trade electric energy locally.
Gabriel Santos   +4 more
doaj   +3 more sources

Novel Conceptual Architecture for the Next-Generation Electricity Markets to Enhance a Large Penetration of Renewable Energy

open access: yesEnergies, 2019
A transition to a sustainable energy system is essential. In this context, smart grids represent the future of power systems for efficiently integrating renewable energy sources and active consumer participation.
Javier Rodríguez-García   +3 more
doaj   +3 more sources

Strategic Behavior of Competitive Local Citizen Energy Communities in Liberalized Electricity Markets

open access: yesEnergies
The liberalization of energy retail markets empowered consumers with the ability to be part of new emerging entities, such as Citizen Energy Communities. With the increasing penetration of decentralized variable generation, communities have the advantage
Hugo Algarvio   +3 more
doaj   +3 more sources

Clearing for Coordinated Electricity and Gas Markets [PDF]

open access: yesمجله مدل سازی در مهندسی, 2021
In this paper, a new linear programming model is presented for Clearing of Coordinated Electricity and Gas Markets, so that Prices and decisions of electricity and gas networks are obtained in interactive competitive markets. These markets are cleared by
تقی بارفروشی   +2 more
doaj   +1 more source

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