State of the art in energy communities and sharing economy concepts in the electricity sector

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dc.contributor.authorCuenca, Juan Jose
dc.contributor.authorJamil, Emad
dc.contributor.authorHayes, Barry P.
dc.contributor.funderDepartment of Business, Enterprise and Innovationen
dc.contributor.funderGovernment of Irelanden
dc.date.accessioned2022-03-09T16:11:49Z
dc.date.available2022-03-09T16:11:49Z
dc.date.issued2021-01
dc.date.updated2022-03-09T15:33:03Z
dc.description.abstractDue to high penetration of Distributed Renewable Energy Resources and their inflexible dispatch nature, modern and future electrical grids are facing technical challenges. New participants can offer the flexibility required by the grid through investments in energy storage and demand response capabilities. This article provides a comprehensive review on the concept of Energy Communities, their technical and economic motivations, available resources in the literature, trading schemes, price negotiation algorithms, and benefits for the grid. Furthermore, this review describes the policy framework in the European Union to make Energy Communities a reality. Moreover, a brief survey of related projects over the world is presented, along with a discussion around benefits, obstacles, and future research opportunities in this area.en
dc.description.sponsorshipGovernment of Ireland (Project 2040 Plan, Grant Number: DT 2018 0040-D)en
dc.description.statusPeer revieweden
dc.description.versionPublished Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationCuenca, J. J., Jamil, E. and Hayes, B. P. (2021) 'State of the art in energy communities and sharing economy concepts in the electricity sector', IEEE Transactions On Industrial Applications, 57(6), pp. 5737-5746. doi: 10.1109/TIA.2021.3114135en
dc.identifier.doi10.1109/TIA.2021.3114135en
dc.identifier.endpage5746en
dc.identifier.issn0093-9994
dc.identifier.issued6en
dc.identifier.journaltitleIEEE Transactions On Industrial Applicationsen
dc.identifier.startpage5737en
dc.identifier.urihttps://hdl.handle.net/10468/12887
dc.identifier.volume57en
dc.language.isoenen
dc.publisherInstitute of Electrical and Electronics Engineers (IEEE)en
dc.rights© 2021 the authors. This work is licensed under a Creative Commons Attribution 4.0 License. For more information, see https://creativecommons.org/licenses/by/4.0/en
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/en
dc.subjectBiological system modelingen
dc.subjectBusinessen
dc.subjectCommunitiesen
dc.subjectEconomicsen
dc.subjectElectrical engineeringen
dc.subjectElectricity supply industry deregulationen
dc.subjectEnergy managementen
dc.subjectEnergy managementen
dc.subjectEnergy resourcesen
dc.subjectEnergy storageen
dc.subjectMarket researchen
dc.subjectPeer-to-peer computingen
dc.subjectPower system economicsen
dc.subjectRenewable energy sourcesen
dc.subjectSharing economyen
dc.titleState of the art in energy communities and sharing economy concepts in the electricity sectoren
dc.typeArticle (peer-reviewed)en
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