Towards transactive energy systems: An analysis on current trends

This paper presents a comprehensive analysis on the latest advances in transactive energy systems. The main contribution of this work is centered on the definition of transactive energy concepts and how such systems can be implemented in the smart grid paradigm. The analyzed works have been categorized into three lines of research: (i) transactive network management; (ii) transactive control; and (iii) peer-to-peer markets. It has been found that most of the current approaches for transactive energy are available as a model, lacking the real implementation to have a complete validation. For that purpose, both scientific and practical aspects of transactive energy should be studied in parallel, implementing adequate simulation platforms and tools to scrutiny the results.This work has received funding from the European Union's Horizon 2020 research and innovation programme under project DOMINOES (grant agreement No. 771066) and from FEDER Funds through COMPETE program and from National Funds through FCT under the project UID/EEA/00760/2019.info:eu-repo/semantics/publishedVersio

A rapid review on community connected microgrids

As the population of urban areas continues to grow, and construction of multi-unit developments surges in response, building energy use demand has increased accordingly and solutions are needed to offset electricity used from the grid. Renewable energy systems in the form of microgrids, and grid-connected solar PV-storage are considered primary solutions for powering residential developments. The primary objectives for commissioning such systems include significant electricity cost reductions and carbon emissions abatement. Despite the proliferation of renewables, the uptake of solar and battery storage systems in communities and multi-residential buildings are less researched in the literature, and many uncertainties remain in terms of providing an optimal solution. This literature review uses the rapid review technique, an industry and societal issue-based version of the systematic literature review, to identify the case for microgrids for multi-residential buildings and communities. The study describes the rapid review methodology in detail and discusses and examines the configurations and methodologies for microgrids

Customer Engagement Plans for Peak Load Reduction in Residential Smart Grids

In this paper, we propose and study the effectiveness of customer engagement plans that clearly specify the amount of intervention in customer's load settings by the grid operator for peak load reduction. We suggest two different types of plans, including Constant Deviation Plans (CDPs) and Proportional Deviation Plans (PDPs). We define an adjustable reference temperature for both CDPs and PDPs to limit the output temperature of each thermostat load and to control the number of devices eligible to participate in Demand Response Program (DRP). We model thermostat loads as power throttling devices and design algorithms to evaluate the impact of power throttling states and plan parameters on peak load reduction. Based on the simulation results, we recommend PDPs to the customers of a residential community with variable thermostat set point preferences, while CDPs are suitable for customers with similar thermostat set point preferences. If thermostat loads have multiple power throttling states, customer engagement plans with less temperature deviations from thermostat set points are recommended. Contrary to classical ON/OFF control, higher temperature deviations are required to achieve similar amount of peak load reduction. Several other interesting tradeoffs and useful guidelines for designing mutually beneficial incentives for both the grid operator and customers can also be identified

Emerging business models in local energy markets: A systematic review of peer-to-peer, community self-consumption, and transactive energy models

The emergence of peer-to-peer, collective or community self-consumption, and transactive energy concepts gives rise to new configurations of business models for local energy trading among a variety of actors. Much attention has been paid in the academic literature to the transition of the underlying energy system with its macroeconomic market framework. However, fewer contributions focus on the microeconomic aspects of the broad set of involved actors. Even though specific case studies highlight single business models, a comprehensive analysis of emerging business models for the entire set of actors is missing. Following this research gap, this paper conducts a systematic literature review of 135 peer-reviewed journal articles to examine business models of actors operating in local energy markets. From 221 businesses in the reviewed literature, nine macro-actor categories are identified. For each type of market actor, a business model archetype is determined and characterised using the business model canvas. The key elements of each business model archetype are discussed, and areas are highlighted where further research is needed. Finally, this paper outlines the differences of business models for their presence in the three local energy market models. Focusing on the identified customers and partner relationships, this study highlights the key actors per market model and the character of the interactions between market participants

Design and implementation of multiprotocol framework for residential prosumer incorporation in flexibility markets

The growth of distributed renewable energy in the electrical grid presents challenges to its stability and quality. To address this at the local level, flexibility energy strategies emerge as an innovative technique. However, managing these strategies in residential areas becomes complex due to the unique characteristics of each prosumer. A major challenge lies in managing communication among diverse devices with different protocols. To address these issues, a comprehensive framework is designed and implemented to facilitate prosumers' integration in flexibility strategies, addressing communication at various levels. The effectiveness of the proposed framework is demonstrated through its implementation in a real smart home environment with diverse devices. The framework enables seamless integration and communication between IoT devices and IEC 61,850-compliant power devices. This research presents a novel approach to address the challenges of managing flexibility strategies in residential areas, providing a practical solution for prosumers to actively participate in optimizing energy consumption and enhancing the stability and quality of the electricity system amidst the growing integration of distributed renewable energy.</p

Battery storage systems in smart grid optimised buildings

The building sector is responsible for a significant proportion of the consumed energy and the consequent carbon emissions. Currently, electricity and natural gas are the most popular fuels used in the UK Services sector and the industry. Furthermore, buildings constitute a key component of the power network, in both its current conventional form and its evolution, the smart grid. The smart grid is expected to integrate energy storage, distributed generation and buildings into the network. This paper introduces the concept of Smart Grid Optimised Buildings (SGOBs), recognising the importance of energy storage to establish a dynamic interaction between the building and the smart grid. SGOBs are expected to be fully electric, make the best use of the available resources and utilise their embedded battery storage systems to respond to notifications issued by the smart grid and to dynamic electricity prices. Assuming that buildings have access to the day-ahead electricity market, initial results show that battery storage can be successfully used to change a building’s electricity profile and perform load-shifting (arbitrage) and peak-shaving while the excess electricity is exported back to grid to take advantage of the price difference and relieve pressure on the infrastructure