2018
DOI: 10.1186/s42162-018-0017-3
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Increasing the efficiency of local energy markets through residential demand response

Abstract: Local energy markets (LEMs) aim at building up local balances of generation and demand close to real time. A bottom-up energy system made up of several LEMs could reduce energy transmission, renewable curtailment and redispatch measures in the long-term, if managed properly. However, relying on limited local resources, LEMs require flexibility to achieve a high level of self-sufficiency. We introduce demand response (DR) into LEMs as a means of flexibility in residential demand that can be used to increase loc… Show more

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Cited by 45 publications
(34 citation statements)
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References 37 publications
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“…when gas-powered turbines are switched on and off manually). Another important element of an automated local electricity market is peer-to-peer delivery of electricity because it can contribute to increasing flexibility on the demand side and eventually to a high level of local self-sufficiency (Mengelkamp et al 2018).…”
Section: Microgrids and Collective Action Problemsmentioning
confidence: 99%
“…when gas-powered turbines are switched on and off manually). Another important element of an automated local electricity market is peer-to-peer delivery of electricity because it can contribute to increasing flexibility on the demand side and eventually to a high level of local self-sufficiency (Mengelkamp et al 2018).…”
Section: Microgrids and Collective Action Problemsmentioning
confidence: 99%
“…The reason is that some consumers or prosumers cannot participate in the trading due to limited time, lack of expertise, and above all, lack of technology. Similarly, another problem arose in References [31,32], and there is a possibility for the occurrence of single point of failure since the proposed models allowed a third party to serve as a controller to manage or control prosumers' batteries and all transaction information. Moreover, the system is prone to privacy threats, i.e., information disclosure and security concern.…”
Section: Problem Statementmentioning
confidence: 99%
“…Generally, according to the literature discussed in References [30][31][32], most of the research do not emphasize how to resolve the privacy and security challenges and a single point of failure problem. Moreover, none of the literature explicitly considers resolving the issues of energy hoarders in peak generation hours.…”
Section: Problem Statementmentioning
confidence: 99%
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“…One of the overriding objectives of the ENaQ project is to enable energy trading between residents, e.g., to establish a local energy market. Although the use of a local energy market, e.g., in a residential area, is often described in the scientific community [50][51][52][53], real-world implementation under market conditions is difficult. Historically, energy law has been designed for a centralised top-down supply of electricity.…”
Section: Local Market Designmentioning
confidence: 99%