Preprint Article Version 1 Preserved in Portico This version is not peer-reviewed

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

Peter Klement
* ,
Tobias Brandt
ORCID logo ,
Lucas Schmeling
,
Antonieta Alcorta de Bronstein
,
Steffen Wehkamp
ORCID logo ,
Fernando Andres Penaherrera Vaca
ORCID logo ,
Mathias Lanezki
ORCID logo ,
Patrik Schönfeldt
,
Alexander Hill
,
Nemanja Katic
Version 1 : Received: 4 March 2022 / Approved: 9 March 2022 / Online: 9 March 2022 (02:34:20 CET)

A peer-reviewed article of this Preprint also exists.

Klement, P.; Brandt, T.; Schmeling, L.; de Bronstein, A.A.; Wehkamp, S.; Penaherrera Vaca, F.A.; Lanezki, M.; Schönfeldt, P.; Hill, A.; Katic, N. Local Energy Markets in Action: Smart Integration of National Markets, Distributed Energy Resources and Incentivisation to Promote Citizen Participation. Energies 2022, 15, 2749. Klement, P.; Brandt, T.; Schmeling, L.; de Bronstein, A.A.; Wehkamp, S.; Penaherrera Vaca, F.A.; Lanezki, M.; Schönfeldt, P.; Hill, A.; Katic, N. Local Energy Markets in Action: Smart Integration of National Markets, Distributed Energy Resources and Incentivisation to Promote Citizen Participation. Energies 2022, 15, 2749.

Abstract

Since the Paris Agreement in 2016, the goals of limiting climate change and moving toward climate resilience stand. With a share of about \SI{80}{\percent} of global \ce{CO2} 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 Modeling of Power Exchanges, Algorithms for \ac{LEM}, Competitiveness of \ac{CHP} and Energy Feedback Devices. The study was conducted considering technical, economic, social and regulatory framework. For easy integration into energy simulations or a \ac{DEMS}, a model for power exchanges was created that allows flexible input or deterministic price patterns. The algorithm handles the clearing of an \ac{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 \acp{CHP} in low-carbon power systems to balance the volatility of renewable energy. An energy signal light was developed as an energy feedback device, which is integrated into the \ac{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 \& EPEX; Peer-to-Peer Trading; Energy communities; long-term transformation; sustainable supply concept; Participation; Incentivization

Subject

Engineering, Energy and Fuel Technology

Copyright: This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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