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Local energy markets - an IT-architecture design [PDF]
Energy Informatics, 2021 In recent years, local energy markets have become an important concept in more decentralized energy systems. Implementations in pilot projects provide first insights into different hypotheses and approaches. From a technical perspective, the requirements
Bent Richter +4 more
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Business models for local energy market and circular economy establishment in municipalities: A case study in an Austrian municipality [PDF]
Heliyon, 2023 Energy communities often lack authority for establishment and operation management. Municipal authorities could take the role of such community operators.
Matthias Maldet +4 more
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Reinforcement learning-driven local transactive energy market for distributed energy resources
Energy and AI, 2022 Local energy markets are emerging as a tool for coordinating generation, storage, and consumption of energy from distributed resources. In combination with automation, they promise to provide an effective energy management framework that is fair and ...
Steven Zhang +3 more
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Energies, 2021 Many studies have proposed a peer-to-peer energy market where the prosumers’ actions, including energy consumption, charge and discharge schedule of energy storage systems, and transactions in local energy markets, are controlled by a central operator ...
Hannie Zang, JongWon Kim
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A Local Energy Market for Electricity and Hydrogen [PDF]
IEEE Transactions on Power Systems, 2018 The proliferation of distributed energy resources entails efficient market mechanisms in distribution-level networks. This paper establishes a local energy market (LEM) framework, in which electricity and hydrogen are traded. Players in the LEM consist of renewable distributed generators (DGs), loads, hydrogen vehicles, and a hydrogen storage system ...
Pierre Pinson
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Forecasting in Blockchain-Based Local Energy Markets [PDF]
Energies, 2019 Increasingly volatile and distributed energy production challenges traditional mechanisms to manage grid loads and price energy. Local energy markets (LEMs) may be a response to those challenges as they can balance energy production and consumption ...
Michael Kostmann, Wolfgang K. Härdle
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Creating a local energy market
CIRED - Open Access Proceedings Journal, 2017 The local energy market concept in EMPOWER is introduced. It places emphasis on a value-oriented approach and not energy price alone. It is organised within a neighbourhood and supported by a platform-based business model. The concept integrates trade in energy, end-user flexibility and energy-related services and products.
Pol Olivella-Rosell
exaly +2 more sources
Sharing Economy in Local Energy Markets
Journal of Modern Power Systems and Clean Energy, 2023 With an increase in the electrification of end-use sectors, various resources on the demand side provide great flexibility potential for system operation, which also leads to problems such as the strong randomness of power consumption behavior, the low ...
Zhaoyuan Wu +10 more
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Design of a local energy market with multiple energy carriers
International Journal of Electrical Power and Energy Systems, 2020 Abstract Recent developments in the electric power sector as well as in district heating and cooling systems has led to an increased interest in local energy systems and markets. In the electricity sector, this is driven by the integration of distributed resources such as solar power, electric vehicles and demand response.
Magnus Brolin, Hjalmar Pihl
exaly +2 more sources
An internal pricing method for a local energy market with P2P energy trading
Energy Strategy ReviewsThrough facilitating direct energy transfer between producers and consumers and lowering intermediary expenses, peer-to-peer (P2P) energy trading presents notable advantages for individual prosumers.
Mohammad Hasan Ghodusinejad +2 more
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