Opportunities and challenges of mainstreaming distributed energy resources towards the transition to more efficient and resilient energy markets

Diana María López González and John Garcia Rendon

Renewable and Sustainable Energy Reviews, 2022, vol. 157, issue C

Abstract: The incorporation of distributed energy resources (DERs) has been generalized worldwide as part of the energy transition. A review of the literature in the most important scientific databases shows that this transformation has enabled the participation of final users in capacity auctions, as is the case of Germany, the opening to diverse business models, as in the United Kingdom, and the valuation of energy resources according to different times and places, as in the United States. In Australia, it has brought about the linkage of the retail market with the wholesale market, making it clear how distributed generation can contribute to minimizing costs through collaboration agreements. The common objective in these four leading countries is to compensate for possible misalignments between the cost, price and value of electricity caused by this transition. DERs have generated more competitive and innovative structures, which represents a transcendental opportunity to integrate technologies that complement the generation matrix and to pluralize participation towards a more efficient and resilient energy market.

Keywords: Distributed energy resources; Distributed generation; Energy market; Energy transition; Opportunities and challenges; Renewable and non-conventional energy sources (search for similar items in EconPapers)
JEL-codes: D47 L51 L94 O31 Q21 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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DOI: 10.1016/j.rser.2021.112018

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