State of the Art in Energy Communities and Sharing Economy Concepts in the Electricity Sector

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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. This article provides a comprehensive review on the concept of Energy Communities, their technical and economic motivations, available resources in the literature, trading schemes, price negotiation algorithms, 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 around benefits, obstacles, and future research opportunities in this area.

Original languageEnglish
Pages (from-to)5737-5746
Number of pages10
JournalIEEE Transactions on Industry Applications
Volume57
Issue number6
DOIs
Publication statusPublished - 2021

Keywords

  • Communities
  • electrical engineering
  • electricity supply industry deregulation
  • energy management
  • energy resources
  • energy storage
  • market research
  • power system economics

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