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Full Description
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.
Contents
Part I Distributed energy resources as enablers of local electricity markets
1. New electricity markets. The challenges of variable renewable energy
Ana Estanqueiro and António Couto
2. Integration of electric vehicles in local energy markets
José Almeida and João Soares
3. From wholesale energy markets to local flexibility markets: structure, models and operation
Fernando Lopes
4. From the smart grid to the local electricity market
Fernando Lezama, Tiago Pinto, Zita Vale, Gabriel Santos and Steve Widergren
Part II Local market models and opportunities
5. Local market models
Amin Shokri Gazafroudi, Hosna Khajeh, Miadreza Shafie-khah, Hannu Laaksonen and Juan Manuel Corchado
6. Peer-to-peer energy platforms
Liyang Han, Thomas Morstyn and Malcolm D. McCulloch
7. Transmission system operator and distribution system operator interaction
Hugo Gabriel Morais Valente, E. Lambert and J. Cantenot
8. Local electricity markets—practical implementations
Ricardo Faia, Fernando Lezama and Juan Manuel Corchado
Part III Enablers for local electricity markets
9. Local energy markets, commercially available tools
Jan Segerstam
10. Distributed energy resource management system
Quoc Tuan Tran, Van Hoa Nguyen, Ngoc An Luu and Elvira Amicarelli
11. Modeling, simulation, and decision support
Danial Esmaeili Aliabadi, Emre Çelebi, Murat Elhüseyni and Güvenç Sahin
12. Blockchain as messaging infrastructure for smart grids
Iván S. Razo-Zapata and Mihail Mihaylov
13. Load profiling revisited: prosumer profiling for local energy markets
Gianfranco Chicco and Andrea Mazza
14. Forecasting
Elena Mocanu, Decebal Constantin Mocanu, Nikolaos G. Paterakis and Madeleine Gibescu
15. Mathematical models and optimization techniques to support local electricity markets
John Fredy Franco, Leonardo H. Macedo, Nataly Bañol Arias, Alejandra Tabares, Rubén Romero and João Soares
Part IV Regulatory framework: Current trends and future Perspectives
16. An economic analysis of market design: Local energy markets for energy and grid services
L. Lynne Kiesling
17. South American Markets—regulatory framework: current trends and future prospects in South America
Rubipiara C. Fernandes, Edison A.C. Aranha Neto and Fabrício Y.K. Takigawa
18. Electricity markets and local electricity markets in Europe
Zita Vale, Débora de São José and Tiago Pinto
19. Local electricity markets: regulation, opportunities, and challenges in the
United Kingdom
Karim L. Anaya
20. Competition and restructuring of the South African electricity market
Komla Agbenyo Folly
21. Asia electricity markets
Panhong Cheng and Yan Gao
22. Current trends and perspectives in Australia
Alan Moran
Conclusions and paths for future research and development
