scholarly journals Developing a new framework for transactive peer‐to‐peer thermal energy market

2021 ◽  
Author(s):  
Mehdi Davoudi ◽  
Moein Moeini‐Aghtaie ◽  
Rahim Ghorani
Keyword(s):  
Thermal Energy ◽  
Peer To Peer ◽  
Energy Market ◽  
New Framework

scholarly journals A Novel Peer-To-Peer Energy Sharing Business Model for the Portuguese Energy Market

Energies ◽  
2019 ◽  
Vol 13 (1) ◽  
pp. 125 ◽  
Author(s):  
Lurian Pires Klein ◽  
Aleksandra Krivoglazova ◽  
Luisa Matos ◽  
Jorge Landeck ◽  
Manuel de Azevedo
Keyword(s):  
Business Model ◽  
Business Models ◽  
Low Voltage ◽  
Peer To Peer ◽  
Energy Market ◽  
Voltage Transformer ◽  
Market Structures ◽  
Regulatory Frameworks ◽  
Real Market ◽  
Energy Sharing

The co-evolution of techno-economic, societal, environmental and political-institutional systems towards sustainable energy transitions is largely influencing the disruptive reconfiguration of the energy sector across the globe. At the heart of this disruption is the peer-to-peer energy sharing concept. Nonetheless, peer-to-peer energy sharing business models are yet very little put into practice due to the rigid energy market structures and lagging regulatory frameworks across the globe. In view of this, this paper presents a novel peer-to-peer energy sharing business model developed specifically for the context of the Portuguese energy market, which was successfully trialed in three pilot projects in Portugal under real market conditions. All things considered, the novelty of this paper lies on an innovative approach for the collaborative use of the surplus electricity generation from photovoltaic systems between end-users under the same low voltage/medium voltage transformer substation, which resulted in direct financial benefits to them. While absent deregulation obstructs the implementation of effective peer-to-peer energy sharing markets in Portugal, such demonstration projects are essential to challenge restrictive regulatory frameworks that do not keep pace with techno-economic and societal innovations, thus helping to build the emerging consumer-centric energy regime and disrupt the old one.

A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models

2021 ◽  
Author(s):  
Timothy Capper ◽  
Anna Gorbatcheva ◽  
Mustafa A. Mustafa ◽  
Mohamed Bahloul ◽  
Jan Marc Schwidtal ◽  
...  
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Peer To Peer ◽  
Energy Market ◽  
Market Models ◽  
Transactive Energy ◽  
Peer Community

scholarly journals Short-Term Self-Scheduling of Virtual Energy Hub Plant Within Thermal Energy Market

2021 ◽  
Vol 68 (4) ◽  
pp. 3124-3136 ◽  
Author(s):  
Mohammad Jadidbonab ◽  
Behnam Mohammadi-Ivatloo ◽  
Mousa Marzband ◽  
Pierluigi Siano
Keyword(s):  
Thermal Energy ◽  
Energy Market ◽  
Short Term ◽  
Energy Hub

Agent-Based Model of a Blockchain Enabled Peer-to-Peer Energy Market: Application for a Neighborhood Trial in Perth, Australia

Smart Cities ◽  
2020 ◽  
Vol 3 (3) ◽  
pp. 1072-1099 ◽  
Author(s):  
Jacob G. Monroe ◽  
Paula Hansen ◽  
Matthew Sorell ◽  
Emily Zechman Berglund
Keyword(s):  
Electricity Market ◽  
Energy System ◽  
Peer To Peer ◽  
Energy Market ◽  
Energy Trading ◽  
Agent Based ◽  
Trading Systems ◽  
Market Structures ◽  
Trade Offs ◽  
The Impact

The transfer of market power in electric generation from utilities to end-users spurred by the diffusion of distributed energy resources necessitates a new system of settlement in the electricity business that can better manage generation assets at the grid-edge. A new concept in facilitating distributed generation is peer-to-peer energy trading, where households exchange excess power with neighbors at a price they set themselves. However, little is known about the effects of peer-to-peer energy trading on the sociotechnical dynamics of electric power systems. Further, given the novelty of the concept, there are knowledge gaps regarding the impact of alternative electricity market structures and individual decision strategies on neighborhood exchanges and market outcomes. This study develops an empirical agent-based modeling (ABM) framework to simulate peer-to-peer electricity trades in a decentralized residential energy market. The framework is applied for a case study in Perth, Western Australia, where a blockchain-enabled energy trading platform was trialed among 18 households, which acted as prosumers or consumers. The ABM is applied for a set of alternative electricity market structures. Results assess the impact of solar generation forecasting approaches, battery energy storage, and ratio of prosumers to consumers on the dynamics of peer-to-peer energy trading systems. Designing an efficient, equitable, and sustainable future energy system hinges on the recognition of trade-offs on and across, social, technological, economic, and environmental levels. Results demonstrate that the ABM can be applied to manage emerging uncertainties by facilitating the testing and development of management strategies.

Strategic Prosumers based Peer-to-Peer Energy Market Design for Community Microgrids

2021 ◽  
pp. 1-1
Author(s):  
Zhenyuan Zhang ◽  
Haoyue Tang ◽  
Jie Ren ◽  
Qi Huang ◽  
Wei-Jen Lee
Keyword(s):  
Market Design ◽  
Peer To Peer ◽  
Energy Market
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