Regulatory Options for Local Reserve Energy Markets: Implications for Prosumers, Utilities, and other Stakeholders

Christiane Rosen () and Reinhard Madlener
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Christiane Rosen: E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN), http://www.eonerc.rwth-aachen.de/fcn

No 12/2014, FCN Working Papers from E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN)

Abstract: While the share of fluctuating renewable energy resources is constantly increasing, the centralized, hierarchical organization of the current energy system cannot adequately accommodate such decentralized electricity generation. New ideas have been developed for improved integration, especially in the lead market Germany. One of these concepts is the microgrid, a grid within the grid. This paper presents a local reserve energy market, which can facilitate the operation and allow trading within the microgrid. Emphasis is put on the regulatory options and current market framework, mainly from a European and German perspective, which serve as a basis for implementing the local market.

Keywords: local reserve energy market; balance group; prosumer (search for similar items in EconPapers)
JEL-codes: C91 D03 D44 D83 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2014-10
New Economics Papers: this item is included in nep-ene and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Journal Article: Regulatory Options for Local Reserve Energy Markets: Implications for Prosumers, Utilities, and other Stakeholders (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:fcnwpa:2014_012

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