Forming a Local Market using a Virtual Energy Community

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

In the future energy system, a new energy market design and framework is required to incentivize a high share of prosumers, who consume, store, and produce energy. In order to support active prosumers, the European Union (EU), in directives of Clean Energy for all Europeans package, provides the basic requirements to form an energy community (EC). However, this package does not include any particular architecture. In this regard, this paper will review the main articles of the EU directives in terms of the EC and investigate the EC structure suggested by Finnish regulation to identify the barriers of forming an optimum EC. Finally, this paper proposes an efficient structure to form a local market based on a virtual energy community using the existing grid operators.

Original languageEnglish
Title of host publication2020 17th International Conference on the European Energy Market, EEM 2020
PublisherIEEE Institute of Electrical and Electronic Engineers
ISBN (Electronic)978-1-7281-6919-4
ISBN (Print)978-1-7281-6920-0
DOIs
Publication statusPublished - Sep 2020
MoE publication typeA4 Article in a conference publication
Event17th International Conference on the European Energy Market, EEM 2020 - Stockholm, Sweden
Duration: 16 Sep 202018 Sep 2020

Publication series

SeriesInternational Conference on the European Energy Market, EEM
Volume2020-September
ISSN2165-4077

Conference

Conference17th International Conference on the European Energy Market, EEM 2020
Abbreviated titleEEM 2020
CountrySweden
CityStockholm
Period16/09/2018/09/20

Keywords

  • Energy community
  • Flexibility Services
  • Local market
  • Renewable energy sources

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