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Analysis of Key Performance Indicators for Local Electricity Markets’ Design

IEEE Canadian Journal of Electrical and Computer Engineering, 2021
Local electricity markets (LEMs) are investigated as a solution to provide consumers and prosumers the opportunity to have control over their electricity-related choices and make savings on their energy bills.
Godwin C. Okwuibe   +4 more
semanticscholar   +1 more source

Day-ahead Scheduling in a Local Electricity Market

2019 International Conference on Smart Energy Systems and Technologies (SEST), 2019
Local electricity markets offer new trading opportunities for existing and emerging actors in the energy sector. In this study, a mathematical model is created for the hourly scheduling of a day-ahead local electricity market. The local electricity market has local producers and consumers and a connection with a retailer. The local resources considered
Sánchez de la Nieta, Agustín   +1 more
openaire   +4 more sources

The impact of local electricity markets on the operation and development of the distribution networks

open access: yes2022 IEEE PES Innovative Smart Grid Technologies Conference Europe (ISGT-Europe), 2022
This paper discusses local electricity markets in relation to the operation of distribution networks. Distribution networks face several challenges, mainly related to the increasing number of generation sources and loads, such as heat pumps and electric vehicles that have been connected recently.
Andrej Gubina   +2 more
exaly   +3 more sources

Experimenting with local electricity markets in China – multilevel drivers and barriers in the sociotechnical regime

Energy Research and Social Science, 2020
As part of its market reforms in the energy sector, the Chinese central government introduced local electricity market pilots in 2019. Through the integration of renewable resources and the possibility for consumers to participate, local electricity ...
Helena Uhde, G. Malima
exaly   +2 more sources

Privacy-Preserving and Approximately Truthful Local Electricity Markets: A Differentially Private VCG Mechanism

IEEE Transactions on Smart Grid
Privacy-aware market participants care about the leakage of their private information via statistical releases of local electricity markets outputs.
M. Hoseinpour   +3 more
semanticscholar   +1 more source

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   +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

Intelligent Bidding Strategies in Local Electricity Markets: A Simulation-based Analysis*

Electrical Power and Energy Conference, 2020
The integration of PV-generated electricity from households and commercial buildings into the electricity mix offers opportunity to reduce the greenhouse gas emissions released in the Earth’s atmosphere.
Godwin C. Okwuibe   +4 more
semanticscholar   +1 more source

Special Section on Local and Distributed Electricity Markets

IEEE Transactions on Smart Grid, 2023
Rui Bo   +6 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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