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 language | English |
|---|---|
| Title of host publication | Proceedings - 2020 IEEE International Conference on Environment and Electrical Engineering and 2020 IEEE Industrial and Commercial Power Systems Europe, EEEIC / I and CPS Europe 2020 |
| Editors | Zhigniew Leonowicz |
| Publisher | Institute of Electrical and Electronics Engineers Inc. |
| ISBN (Electronic) | 9781728174532 |
| DOIs | |
| Publication status | Published - Jun 2020 |
| Event | 2020 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 2020 → 12 Jun 2020 |
Publication series
| Name | Proceedings - 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
| Conference | 2020 IEEE International Conference on Environment and Electrical Engineering and 2020 IEEE Industrial and Commercial Power Systems Europe, EEEIC / I and CPS Europe 2020 |
|---|---|
| Country/Territory | Spain |
| City | Madrid |
| Period | 9/06/20 → 12/06/20 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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SDG 13 Climate Action
Keywords
- Ancillary Services
- Business-to-Business (B2B) markets
- Demand Response
- Energy Communities
- Flexibility
- Sharing Economy
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