Developing future retail electricity markets with a customer-centric focus

Harrison Hampton, Aoife M. Foley, Dylan Furszyfer Del Rio and Benjamin Sovacool

Energy Policy, 2022, vol. 168, issue C

Abstract: Future retail electricity markets require development to accelerate the net-zero carbon transition. Adopting a customer-centric approach to market design is necessary to fully utilise smart grid technologies. In this perspective we postulate that empowering energy consumers to become an integral component of the smart grid will lead to heightened renewable energy deployment and network flexibility.

Keywords: Retail electricity market; Smart grid; Customer engagement; Distributed energy resources; Peer-to-peer networks (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:168:y:2022:i:c:s030142152200372x

DOI: 10.1016/j.enpol.2022.113147

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