Local Energy Markets in Action: Smart Integration of National Markets, Distributed Energy Resources and Incentivisation to Promote Citizen Participation

Peter Klement, Tobias Brandt, Lucas Schmeling, Antonieta Alcorta de Bronstein, Steffen Wehkamp, Fernando Andres Penaherrera Vaca, Mathias Lanezki, Patrik Schönfeldt, Alexander Hill and Nemanja Katic
Additional contact information
Peter Klement: German Aerospace Center (DLR), Institute of Networked Energy Systems, Carl-von-Ossietzky-Str. 15, 26129 Oldenburg, Germany
Tobias Brandt: OFFIS—Institute for Information Technology, Escherweg 2, 26121 Oldenburg, Germany
Lucas Schmeling: German Aerospace Center (DLR), Institute of Networked Energy Systems, Carl-von-Ossietzky-Str. 15, 26129 Oldenburg, Germany
Antonieta Alcorta de Bronstein: Department of Business and Ethics, Faculty I Education and Social Sciences, University of Vechta, Driverstr. 22, 49377 Vechta, Germany
Steffen Wehkamp: OFFIS—Institute for Information Technology, Escherweg 2, 26121 Oldenburg, Germany
Fernando Andres Penaherrera Vaca: OFFIS—Institute for Information Technology, Escherweg 2, 26121 Oldenburg, Germany
Mathias Lanezki: OFFIS—Institute for Information Technology, Escherweg 2, 26121 Oldenburg, Germany
Patrik Schönfeldt: German Aerospace Center (DLR), Institute of Networked Energy Systems, Carl-von-Ossietzky-Str. 15, 26129 Oldenburg, Germany
Alexander Hill: OFFIS—Institute for Information Technology, Escherweg 2, 26121 Oldenburg, Germany
Nemanja Katic: KEHAG Energiehandel GmbH, Im Technologiepark 4, 26129 Oldenburg, Germany

Energies, 2022, vol. 15, issue 8, 1-24

Abstract: Since the Paris Agreement in 2016, the goals of limiting climate change and moving toward climate resilience stand. With a share of about 80% of global CO 2 emissions, the energy sector is an essential driver for these goals. A shift to low-carbon energy production and a decentralized system for more efficient energy transmission distribution is necessary. In this paper, we present our work on Modelling of Power Exchanges, Algorithms for Local Energy Market (LEM), Competitiveness of Combined Heat and Power Plant (CHP) and Energy Feedback Devices. The study was conducted considering technical, economic, social and regulatory framework. For easy integration into energy simulations or a district energy management system (DEMS), a model for power exchanges was created that allows flexible input or deterministic price patterns. The algorithm handles the clearing of an LEM by a district aggregator using limit orders with the goal of increasing the share of locally consumed electricity using economic incentives. An investigation was conducted into the operation of flexible CHPs in low-carbon power systems to balance the volatility of renewable energy. An Energy Signal Light (ESL) was developed as an energy feedback device, which is integrated into the DEMS in a living lab and allows individual configuration. In summary, the results presented should be compared with those of other research approaches in the future and require qualitative and quantitative evaluation.

Keywords: local energy markets; energy feedback; energy exchange market modelling; EEX and EPEX; peer-to-peer trading; energy communities; long-term transformation; sustainable supply concept; participation; incentivization (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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