Feasibility study on the adoption of peer-to-peer trading integrated on existing retail market and distribution grid
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Paper number
1347
Working Group Number
Conference name
CIRED 2019
Conference date
3-6 June 2019
Conference location
Madrid, Spain
Peer-reviewed
Yes
Short title
Convener
Authors
Sousa, Tiago, DTU, Denmark
Fallahi, Ehsan, DTU, Denmark
RadoszynskiI, Andrea , DTU, Denmark
Pinson, Pierre, DTU, Denmark
Fallahi, Ehsan, DTU, Denmark
RadoszynskiI, Andrea , DTU, Denmark
Pinson, Pierre, DTU, Denmark
Abstract
The increasing penetration of prosumers, as well as the decentralized nature of power system management, are supporting the emergence of so-called consumer-centric electricity markets based on peer-to-peer and community-based concepts. The regulation of both market and distribution grid influence how a country is ready to integrate consumer-centric markets. Therefore, this paper proposes a methodology that performs a feasibility study on whether a consumer-centric market can be deployed at a specific location. The proposed methodology is divided into three steps that starts with enumerating the relevant data, then moving to choose the consumer-centric market model, finally providing the recommendation based on evaluation indicators. A test case based on a neighborhood in Denmark is carried out to assess our methodology. An important conclusion is that Denmark can integrate consumer-centric markets under deregulation of the Danish electricity market.
Table of content
Keywords
Publisher
AIM
Date
2019-06-03
Published in
Permanent link to this record
https://cired-repository.org/handle/20.500.12455/376
http://dx.doi.org/10.34890/602
http://dx.doi.org/10.34890/602
ISSN
2032-9644
ISBN
978-2-9602415-0-1