TY - GEN
T1 - Forming a Local Market using a Virtual Energy Community
AU - Astero, Poria Hasanpor
AU - Kulmala, Anna
AU - Jarventausta, Pertti
N1 - Funding Information:
This work is supported by Business Finland – The Finnish Funding Agency for Innovation under project ProCemPlus (Prosumer Centric Energy Communities - towards Energy Ecosystem), funding decision 8211/31/2018, and by Academy of Finland under project DisMa (Distributed management of electricity system), funding decision 323696.
PY - 2020/9
Y1 - 2020/9
N2 - 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.
AB - 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.
KW - Energy community
KW - Flexibility Services
KW - Local market
KW - Renewable energy sources
UR - http://www.scopus.com/inward/record.url?scp=85094823581&partnerID=8YFLogxK
U2 - 10.1109/EEM49802.2020.9221985
DO - 10.1109/EEM49802.2020.9221985
M3 - Conference article in proceedings
AN - SCOPUS:85094823581
SN - 978-1-7281-6920-0
T3 - International Conference on the European Energy Market, EEM
BT - 2020 17th International Conference on the European Energy Market, EEM 2020
PB - IEEE Institute of Electrical and Electronic Engineers
T2 - 17th International Conference on the European Energy Market, EEM 2020
Y2 - 16 September 2020 through 18 September 2020
ER -
