This book presents trading in local energy markets and communities. It covers electrical, business, economics, telecommunication, information technology (IT), environment, building, industrial, and computer science and examines the intersections of these areas with these markets and communities. Additionally, it delivers an vision for local trading and communities in smart cities. Since it also lays out concepts, structures, and technologies in a variety of applications intertwined with future smart cities, readers running businesses of all types will find material of use in the book. Manufacturing firms, electric generation, transmission and distribution utilities, hardware and software computer companies, automation and control manufacturing firms, and other industries will be able to use this book to enhance their energy operations, improve their comfort and privacy, as well as to increase the benefit from the energy system. This book is also used as a textbook for graduate level courses.
Author(s): Miadreza Shafie-Khah, Amin Shokri Gazafroudi
Series: Lecture Notes in Energy, 93
Publisher: Springer
Year: 2023
Language: English
Pages: 263
City: Cham
Contents
Local Energy Markets: From Concepts to Reality
1 Introduction
2 Concepts
2.1 Local Energy Markets: The Main Drivers
2.2 Flexibility—What Services are Important?
2.3 Enabling the Small and Many: Routes to Market
2.4 Integrated Markets
2.5 Fair and Equitable Markets
2.6 Social Aggregation: The Community Side
2.7 Data and Digitalisation
3 Real-World Experience: Translating Concepts Into Reality
3.1 Learn by Doing: The Agile Approach
3.2 Market Process
3.3 Market Readiness
3.4 Digital Realities
4 Conclusion and Outlook
References
Local Energy Markets: Design and Structures
1 Introduction
1.1 Problem Statement
1.2 Objectives
2 Concept of LEM
2.1 Definition
2.2 Market Design
2.3 Stakeholders
3 Benefits and Challenges of LEMs
3.1 Benefits
3.2 Challenges
4 The Status of LEMs in the Existing Market Structure
4.1 Role of LEMs
4.2 Regulation
5 Features of Blockchain-Based LEMs
5.1 Definition and Concept
5.2 Advantages
5.3 Challenges
6 Existing LEM Projects
6.1 Walenstadt Community Microgrid
6.2 The LAMP Project
6.3 The Brooklyn Microgrid
6.4 Other Current and Previous LEM Projects
7 Conclusions
References
Active Players in Local Energy Markets
1 Introduction
1.1 Motivation: The Emergence of Local Energy Markets
1.2 Scope: The Make-Up of Local Energy Markets
2 Active Players in Local Energy Markets
2.1 Energy Suppliers
2.2 Network Operators
2.3 Regulators
2.4 Active Participants
2.5 Passive Participants
2.6 Coordinator
2.7 Community
3 Mechanisms for the Coordination of Active Players in Local Energy Markets
3.1 Agency: Can Participants Perform Local Decisions Independently?
3.2 Game Type: Do Units Compete or Cooperate?
3.3 Information: How is Individual Information Shared?
4 The Value of Cooperation: Numerical Case Study
4.1 System Description
4.2 The Value of Cooperation
5 Conclusion
References
Energy Community Preferences of Solar Prosumers and Electricity Consumers in the Digital Energy Ecosystem
1 Introduction
2 Related Research
3 Methods and Materials
4 Energy Community Preferences by Solar Prosumers and Electricity Consumers
4.1 Interest and Motives to Participate in the Energy Community
4.2 Preferred Type of Energy Community
4.3 Features of the Energy Community
4.4 Solar Prosumers Versus Electricity Consumers
5 Discussion
References
An Overview of Implementation of P2P Energy Trading Methods on the Electric Power Systems
1 Introduction
2 The Definition of P2P Energy Trading
3 Projects on Application of P2P Energy Management in the Realistic Mode
4 Conclusion
References
Promoting Just Transition or Enhancing Inequalities? Reflection on Different Energy Community Business Models in Terms of Energy Justice
1 Introduction
2 Towards Just Energy Transition from the Bottom Up: The Core Concepts
2.1 Energy Communities
2.2 Just Transition and Energy Justice
2.3 New Business Models to Scale Up Energy Communities
3 Analysis of Energy Community Business Models in Terms of Energy Justice
3.1 Principles Strongly Influenced by the Business Model Type
3.2 Principles Less Influenced by the Business Model Type
4 Discussion
References
Local Flexibility Markets and Business Models
1 Introduction
1.1 Motivation and Aims
1.2 Literature Review
2 Proposed Business Models
2.1 Enera
2.2 GOPACS
2.3 Picloflex
2.4 Nodes
2.5 EcoGrid 2.0
2.6 Tiko
2.7 Equigy
2.8 Interflex
2.9 Parity Hybrid Model
2.10 CoordiNet
3 Drawbacks and Barriers
3.1 Drawbacks of Existing LFMs
3.2 Barriers to the Adoption of LFMs
3.3 Inc-Dec Gaming
4 Improvements
4.1 Countries’ Different Needs for Flexibility
4.2 LFM Design with Network Constraints
4.3 Fair and Efficient Flexibility Markets
4.4 Fairness Versus Welfare
4.5 Enera Hybrid Model
4.6 Nodal Versus Zonal Pricing
5 Discussion
6 Conclusion
References
Generation-Side and Demand-Side Player-Centric Tradings in the LEM: Rule-Empowered Models and Case Studies
1 Introduction
1.1 Background
1.2 Types of Trading in the LEM
1.3 Contributions
2 Proposed Trading Models in the LEM
2.1 Distribution Network Model
2.2 LEM Players' Model
3 Case Studies
3.1 Case Study on Generation-Side Player-Centric Trading
3.2 Case Study on Demand-Side Player-Centric Trading
4 Conclusion
References
A Market-Based Mechanism for Local Energy Trading in Integrated Electricity-Heat Networks
1 Introduction
2 Methodology
3 Case Study
4 Conclusion
Appendix—GAMS Code
References
