A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models

Capper, T., Gorbatcheva, A., Mustafa, M. A., Bahloul, M., Schwidtal, J. M., Chitchyan, R., Andoni, M., Robu, V., Montakhabi, M., Scott, I., Francis, C., Mbavarira, T., Espana, J. M., & Kiesling, L. (2021). A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models. Social Science Research Network (SSRN), Elsevier. https://doi.org/10.2139/ssrn.3959620Peer-to-peer and transactive energy markets, and community or collective self-consumption offer new models for trading energy locally. Over the past 10 years there has been significant growth in the amount of academic literature and trial projects examining how these energy trading models might function. This systematic literature review of 139 peer-reviewed journal articles examines the market designs used in these energy trading models. The Business Ecosystem Architecture Modelling framework is used to extract information about the market models used in the literature and identify differences and similarities between the models. This paper identifies six archetypal market designs and three archetypal auction mechanisms used in markets presented in the reviewed literature. It classifies the types of commodities being traded, the benefits of the markets and other features such as the types of grid models. Finally, this paper identifies five evidence gaps which need future research before these markets can be widely adopted.publishersversionpublishe

Low-carbon Energy Transition and Planning for Smart Grids

With the growing concerns of climate change and energy crisis, the energy transition from fossil-based systems to a low-carbon society is an inevitable trend. Power system planning plays an essential role in the energy transition of the power sector to accommodate the integration of renewable energy and meet the goal of decreasing carbon emissions while maintaining the economical, secure, and reliable operations of power systems. In this thesis, a low-carbon energy transition framework and strategies are proposed for the future smart grid, which comprehensively consider the planning and operation of the electricity networks, the emission control strategies with the carbon response of the end-users, and carbon-related trading mechanisms. The planning approach considers the collaborative planning of different types of networks under the smart grid context. Transportation electrification is considered as a key segment in the energy transition of power systems, so the planning of charging infrastructure for electric vehicles (EVs) and hydrogen refueling infrastructure for fuel cell electric vehicles is jointly solved with the electricity network expansion. The vulnerability assessment tools are proposed to evaluate the coupled networks towards extreme events. Based on the carbon footprint tracking technologies, emission control can be realized from both the generation side and the demand side. The operation of the low-carbon oriented power system is modeled in a combined energy and carbon market, which fully considers the carbon emission right trading and renewable energy certificates trading of the market participants. Several benchmark systems have been used to demonstrate the effectiveness of the proposed planning approach. Comparative studies to existing approaches in the literature, where applicable, have also been conducted. The simulation results verify the practical applicability of this method