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Blockchain in Decentralized Local Energy Markets
2019Within the context of implementing decentralized energy markets, it is necessary to integrate existing structures into this process of change and let established participants play an active role in it. The problem of the conversion is the way how the current, and sometimes still rigid, accounting systems can be adjusted to a flexible and adaptable ...
Andy Hermann +6 more
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An Economic Analysis of Market Design: Local Energy Markets for Energy and Grid Services
SSRN Electronic Journal, 2020Abstract The convergence of digital and distributed energy resource (DER) innovation is creating the potential for a more decentralized electricity distribution system, including local energy markets (LEMs) for local coordination of consumption and production. Using market processes to coordinate physical and economic flows enables parties to benefit
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The role of energy storage in local energy markets
2017 14th International Conference on the European Energy Market (EEM), 2017To facilitate the integration of renewable electricity sources into the energy system, innovative market designs must be discussed. Local markets that are organized in a decentralized fashion can help to decrease the need for extensive investment in transmission capacity.
Mengelkamp, Esther +2 more
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An auction design for local reserve energy markets
Decision Support Systems, 2013In this paper we develop an auction mechanism that is designed for a local energy market. It aims to enable regionally or virtually restricted trading of ancillary services, which enhances the position of the balance group responsible party beyond that of simple accounting.
Christiane Rosen, Reinhard Madlener
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A blockchain-based local energy market
2022As part of the research project Trusted Blockchains for the Open, Smart Energy Grid of the Future (tbiEnergy), one of the objectives is to investigate how a holistic blockchain approach for the realization of a local energy market could be accomplished and how corresponding hardware security mechanisms can be integrated. This paper provides an overview
Gritzan, Giacomo +4 more
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Local Energy Markets for Energy Communities with Grid Constraints
2020 17th International Conference on the European Energy Market (EEM), 2020Renewable energy communities (REC) and local energy markets (LEM) emerge as entities capable, not only to promote the penetration of renewable energy sources into lower levels of the grid, but also to manage distributed energy resources (DER) and local energy exchanges between small players.
Rogerio Rocha +3 more
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Analysis and Simulation of Local Energy Markets
2019 16th International Conference on the European Energy Market (EEM), 2019This paper presents a simulation model for local markets with the perspective of a licensed municipal entity describing the guidelines for agent interaction. The licensed municipal entity is a strategic agent for the operation of a local energy market along the lines of the proposed business model. MASCEM tool is the basis for the analysis. The work to
Isabel Praca +4 more
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Modeling the structure of local energy markets
IEEE Computer Applications in Power, 2001One of the key conditions for correctly programming the Polish energy market development lies not only in the efficiency of current management, but also in the process of making rational decisions with respect to programming the development of the regional energy supply systems and the sources of such development financing.
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Blockchain Solutions for Local Energy Market
2022 Workshop on Blockchain for Renewables Integration (BLORIN), 2022Roberta Terruggia +3 more
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