Impact of local energy markets integration in power systems layer: A comprehensive review

Simple item page
dc.check.date2023-08-05
dc.check.infoAccess to this article is restricted until 24 months after publication by request of the publisher.en
dc.contributor.authorDudjak, Viktorija
dc.contributor.authorNeves, Diana
dc.contributor.authorAlskaif, Tarek
dc.contributor.authorKhadem, Shafi
dc.contributor.authorPena Bello, Alejandro
dc.contributor.authorSaggese, Pietro
dc.contributor.authorBowler, Benjamin
dc.contributor.authorAndoni, Merlinda
dc.contributor.authorBertolini, Marina
dc.contributor.authorZhou, Yue
dc.contributor.authorLormeteau, Blanche
dc.contributor.authorMustafa, Mustafa A.
dc.contributor.authorWang, Yingjie
dc.contributor.authorFrancis, Christina
dc.contributor.authorZobiri, Fairouz
dc.contributor.authorParra, David
dc.contributor.authorPapaemmanouil, Antonios
dc.contributor.funderInternational Energy Agencyen
dc.date.accessioned2021-08-23T09:27:29Z
dc.date.available2021-08-23T09:27:29Z
dc.date.issued2021-08-05
dc.date.updated2021-08-23T09:07:39Z
dc.description.abstractIn recent years extensive research has been conducted on the development of different models that enable energy trading between prosumers and consumers due to expected high integration of distributed energy resources. Some of the most researched mechanisms include Peer-to-Peer energy trading, Community Self-Consumption and Transactive Energy Models. To ensure the stable and reliable delivery of electricity as such markets and models grow, this paper aims to understand the impact of these models on grid infrastructure, including impacts on the control, operation, and planning of power systems, interaction between multiple market models and impact on transmission network. Here, we present a comprehensive review of existing research on impact of Local Energy Market integration in power systems layer. We detect and classify most common issues and benefits that the power grid can expect from integrating these models. We also present a detailed overview of methods that are used to integrate physical network constraints into the market mechanisms, their advantages, drawbacks, and scaling potential. In addition, we present different methods to calculate and allocate network tariffs and power losses. We find that financial energy transactions do not directly reflect the physical energy flows imposed by the constraints of the installed electrical infrastructure. In the end, we identify a number of different challenges and detect research gaps that need to be addressed in order to integrate Local Energy Market models into existing infrastructure.en
dc.description.sponsorshipInternational Energy Agency (Global Observatory on Peer-to-Peer, Community Self-Consumption and Transactive Energy Models (GO-P2P), an Annex of the User-Centred Energy Systems Technology Collaboration Programme (Users TCP))en
dc.description.statusPeer revieweden
dc.description.versionAccepted Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.articleid117434en
dc.identifier.citationDudjak, V., Neves, D., Alskaif, T., Khadem, S.,; Pena-Bello, A., Saggese, P., Bowler, B., Andoni, M., Bertolini, M., Zhou, Y., Lormeteau, B., Mustafa, M. A., Wang, Y., Francis, C., Zobiri, F., Parra, D. and Papaemmanouil, A. (2021) 'Impact of local energy markets integration in power systems layer: A comprehensive review', Applied Energy, 301, 117434 (13pp). doi: 10.1016/j.apenergy.2021.117434en
dc.identifier.doi10.1016/j.apenergy.2021.117434en
dc.identifier.endpage13en
dc.identifier.issn0306-2619
dc.identifier.journaltitleApplied Energyen
dc.identifier.startpage1en
dc.identifier.urihttps://hdl.handle.net/10468/11765
dc.identifier.volume301en
dc.language.isoenen
dc.publisherElsevier Ltd.en
dc.rights© 2021, Elsevier Ltd. All rights reserved. This manuscript version is made available under the CC BY-NC-ND 4.0 license.en
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/en
dc.subjectImpacten
dc.subjectEnergy tradingen
dc.subjectLocal Energy Marketsen
dc.subjectNetwork constraintsen
dc.subjectPeer-to-peeren
dc.subjectPower system integrationen
dc.subjectReview paperen
dc.subjectTransactive energyen
dc.titleImpact of local energy markets integration in power systems layer: A comprehensive reviewen
dc.typeArticle (peer-reviewed)en
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
APEN-D-21-02970_Revised_article_not_highlighted.pdf
Size:
960.38 KB
Format:
Adobe Portable Document Format
Description:
Accepted Version
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
2.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Tyndall National Institute - Journal Articles