Local Electricity Markets

Tiago Pinto, Zita Vale, Steve Widergren

• Publisher: Academic Press
• Year: 2021
• Print ISBN: 9780128200742
• eBook ISBN: 9780128226667
• Topic: Business
• Subtopic: Energy Industry
• Index: Business

Local Electricity Markets introduces the fundamental characteristics, needs, and constraints shaping the design and implementation of local electricity markets. It addresses current proposed local market models and lessons from their limited practical implementation. The work discusses relevant decision and informatics tools considered important in the implementation of local electricity markets. It also includes a review on management and trading platforms, including commercially available tools. Aspects of local electricity market infrastructure are identified and discussed, including physical and software infrastructure. It discusses the current regulatory frameworks available for local electricity market development internationally. The work concludes with a discussion of barriers and opportunities for local electricity markets in the future. - Delineates key components shaping the design and implementation of local electricity market structure - Provides a coherent view on the enabling infrastructures and technologies that underpin local market expansion - Explores the current regulatory environment for local electricity markets drawn from a global panel of contributors - Exposes future paths toward widespread implementation of local electricity markets using an empirical review of barriers and opportunities - Reviews relevant local electricity market case studies, pilots and demonstrators already deployed and under implementation

Table of contents

• Cover
• Title page
• Table of Contents
• Copyright
• Contents
• List of contributors
• Introduction
• List of Illustrations
• List of Tables
• Chapter 1 : New electricity markets. The challenges of variable renewable energy
• Chapter 2 : Integration of electric vehicles in local energy markets
• Chapter 3 : From wholesale energy markets to local flexibility markets: structure, models and operation
• Chapter 4 : From the smart grid to the local electricity market
• Chapter 5 : Local market models
• Chapter 6 : Peer-to-peer energy platforms
• Chapter 7 : Transmission system operator and distribution system operator interaction
• Chapter 8 : Local electricity markets—practical implementations
• Chapter 9 : Local energy markets, commercially available tools
• Chapter 10 : Distributed energy resource management system
• Chapter 11 : Modeling, simulation, and decision support
• Chapter 12 : Blockchain as messaging infrastructure for smart grids
• Chapter 13 : Load profiling revisited: prosumer profiling for local energy markets
• Chapter 14 : Forecasting
• Chapter 15 : Mathematical models and optimization techniques to support local electricity markets
• Chapter 16 : An economic analysis of market design: Local energy markets for energy and grid services
• Chapter 17 : South American Markets—regulatory framework: current trends and future prospects in South America
• Chapter 18 : Electricity markets and local electricity markets in Europe
• Chapter 19 : Local electricity markets: regulation, opportunities, and challenges in the United Kingdom
• Chapter 20 : Competition and restructuring of the South African electricity market
• Chapter 21 : Asia electricity markets
• Chapter 22 : Current trends and perspectives in Australia
• Conclusions and paths for future research and development
• Index
• A