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Practical perspectives on local energy market theory - analysis of their impact on renewable energy prices
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| 1.33 MB | Adobe PDF |
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Orientador(es)
Resumo(s)
The advancement of Local Energy Markets signals a transformative change in the electricity sector
towards decentralized renewable energy. They reduce dependence on traditional energy suppliers
by providing an innovative market platform for participants to trade their locally generated
renewable energy. A structured literature review provides an overview of current research.
However, this review of extant literature has unveiled significant gaps between theory and real world application of LEMs. To bridge these gaps, interviews with both, leading researchers and
industry experts were conducted and synthesized with insights from literature. This synthesis
across four key domains revealed two main tensions that hamper effective implementation of
LEMs. First, there is a trade-off between complexity and simplicity. While model intricacy
augments efficiency in theory, simplicity is a main driver for adoption of end-users. The second
tension addresses the issue of initiating LEMs in practice. While consumers are not actively
engaging in important decision-making and lack empowerment, current regulations struggle to
provide frameworks and incentives that enable, promote, or facilitate the adoption of LEMs.
Subsequently, derived implications for service design, business strategy and policymakers serve
as baseline for practical recommendations. Concluding, LEMs' widespread implementation may
be a decade away but their potential to contribute to a sustainable energy future is prominent.
Descrição
Palavras-chave
Local energy markets Peer-To-Peer trading Decentralized energy Renewable energies