Trends in local electricity market design: Regulatory barriers and the role of grid tariffs. (15th July 2022)

• Record Type: Journal Article
• Authors: Maldet, Matthias; Revheim, Frida Huglen; Schwabeneder, Daniel; Lettner, Georg; del Granado, Pedro Crespo; Saif, Aziz; Löschenbrand, Markus; Khadem, Shafi
• Is Part Of: Journal of cleaner production. Volume 358(2022)
• Publication Date: 2022-07-15
• Subjects: Local electricity markets -- Energy communities -- P2P electricity trading -- Regulatory framework -- Grid tariff design; Factory and trade waste -- Management -- Periodicals; Manufactures -- Environmental aspects -- Periodicals; Déchets industriels -- Gestion -- Périodiques; Usines -- Aspect de l'environnement -- Périodiques; 628.5
• DOI: 10.1016/j.jclepro.2022.131805
• Languages: English
• ISSNs: 0959-6526

Abstract

Abstract: New concepts of local electricity markets (LEMs) have led increased focus on the decentralization of energy systems and a raise in local energy communities (LECs). Under the right market-regulatory incentives, peer-to-peer (P2P) electricity trading schemes facilitate direct trade among the prosumers and enable active consumers of energy to share the self-generated electricity and make effective use of flexibility services provided by distributed energy resources (DERs). The paper presents a review of the state of implementation of LEMs and P2P. The research questions are: What grid tariff designs affect the value of peer-to-peer? How does a local energy market benefit from grid tariff designs? To address these questions, the authors survey the latest regulatory frameworks in Europe, focusing especially on Austria, Ireland, and Norway. Graphical abstract: Highlights: Local electricity markets applying peer-to-peer can promote decentral generation. Distribution system operator cooperation is mandatory for peer-to-peer trading. Regulatory peer-to-peer trading frameworks differ in European countries. Innovative grid tariffs are introduced. Innovative grid tariff design can promote peer-to-peer trading.