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

Authors :
Emad Jamil
Juan Jose Cuenca
Barry Hayes
Source :
IEEE Transactions on Industry Applications. 57:5737-5746
Publication Year :
2021
Publisher :
Institute of Electrical and Electronics Engineers (IEEE), 2021.

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.

Details

ISSN :
19399367 and 00939994
Volume :
57
Database :
OpenAIRE
Journal :
IEEE Transactions on Industry Applications
Accession number :
edsair.doi.dedup.....cd63e55211603d3139eccb17f946a2fd
Full Text :
https://doi.org/10.1109/tia.2021.3114135