Energy Communities and Sharing Economy Concepts in the Electricity Sector: A Survey

Research output: Chapter in Book/Report/Conference proceedingsChapterpeer-review

Abstract

Due to high penetration of Distributed Renewable Energy Resources and their inflexible dispatch nature, modern and future electrical grids are facing technical challenges. New participants can offer the flexibility required by the grid through investments in Energy Storage and Demand Response capabilities, however, traditional and Peer-to-Peer business models are insufficient to take advantage of such flexibility. This article provides a comprehensive review on the concept of Energy Communities, their technical and economic motivations, available resources in the literature, trading schemes, and benefits for the grid. Furthermore, this review describes the policy framework in the European Union to make Energy Communities a reality. Moreover, a brief survey of related projects over the world is presented, along with a discussion of future research opportunities in this area.

Original languageEnglish
Title of host publicationProceedings - 2020 IEEE International Conference on Environment and Electrical Engineering and 2020 IEEE Industrial and Commercial Power Systems Europe, EEEIC / I and CPS Europe 2020
EditorsZhigniew Leonowicz
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728174532
DOIs
Publication statusPublished - Jun 2020
Event2020 IEEE International Conference on Environment and Electrical Engineering and 2020 IEEE Industrial and Commercial Power Systems Europe, EEEIC / I and CPS Europe 2020 - Madrid, Spain
Duration: 9 Jun 202012 Jun 2020

Publication series

NameProceedings - 2020 IEEE International Conference on Environment and Electrical Engineering and 2020 IEEE Industrial and Commercial Power Systems Europe, EEEIC / I and CPS Europe 2020

Conference

Conference2020 IEEE International Conference on Environment and Electrical Engineering and 2020 IEEE Industrial and Commercial Power Systems Europe, EEEIC / I and CPS Europe 2020
Country/TerritorySpain
CityMadrid
Period9/06/2012/06/20

Keywords

  • Ancillary Services
  • Business-to-Business (B2B) markets
  • Demand Response
  • Energy Communities
  • Flexibility
  • Sharing Economy

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