An internet of energy framework with distributed energy resources, prosumers and small-scale virtual power plants: An overview

K Mahmud, B Khan, J Ravishankar, A Ahmadi… - … and Sustainable Energy …, 2020 - Elsevier
Current power networks and consumers are undergoing a fundamental shift in the way
traditional energy systems were designed and managed. The bidirectional peer-to-peer (P …

Comprehensive overview of power system flexibility during the scenario of high penetration of renewable energy in utility grid

E Kaushik, V Prakash, OP Mahela, B Khan… - Energies, 2022 - mdpi.com
Increased deployment of variable renewable energy (VRE) has posed significant challenges
to ensure reliable power system operations. As VRE penetration increases beyond 80%, the …

[HTML][HTML] An energy-as-a-service business model for aggregators of prosumers

J Iria, F Soares - Applied Energy, 2023 - Elsevier
Traditional retail business models price electricity using volumetric tariffs, which charge
customers for the unit of energy consumed. These tariffs were designed for passive …

[HTML][HTML] Prosumer integration in wholesale electricity markets: Synergies of peer-to-peer trade and residential storage

JM Zepter, A Lüth, PC Del Granado, R Egging - Energy and Buildings, 2019 - Elsevier
In the energy strategy of the European Union, the end-user is envisioned as a key
participant in the future electricity market (European Commission,[16]). Current market …

Trading strategy optimization for a prosumer in continuous double auction-based peer-to-peer market: A prediction-integration model

K Chen, J Lin, Y Song - Applied energy, 2019 - Elsevier
With increasing prosumers employed with flexible resources, advanced demand-side
management has become of great importance. To this end, integrating demand-side flexible …

Optimal bidding strategy for an aggregator of prosumers in energy and secondary reserve markets

J Iria, F Soares, M Matos - Applied Energy, 2019 - Elsevier
This paper proposes a two-stage stochastic optimization model to support an aggregator of
prosumers in the definition of bids for the day-ahead energy and secondary reserve markets …

A framework for participation of prosumers in peer-to-peer energy trading and flexibility markets

M Khorasany, AS Gazafroudi, R Razzaghi, T Morstyn… - Applied Energy, 2022 - Elsevier
As the owners of distributed energy resources (DER), prosumers can actively manage their
power supply and consumption and partake in new energy services. In order to enable …

[HTML][HTML] Digitalization in decarbonizing electricity systems–Phenomena, regional aspects, stakeholders, use cases, challenges and policy options

F Heymann, T Milojevic, A Covatariu, P Verma - Energy, 2023 - Elsevier
Digitalization is a megatrend that affects and transforms societal, economic, and
environmental processes on a global scale. Driven by a combination of technological …

[HTML][HTML] Aggregator's business models in residential and service sectors: A review of operational and financial aspects

Ö Okur, P Heijnen, Z Lukszo - Renewable and Sustainable Energy …, 2021 - Elsevier
Flexibility coming from consumers in residential and service sectors has received significant
attention to deal with uncertainty and variability of renewable energy sources. Since these …

Development of efficient, flexible and affordable heat pumps for supporting heat and power decarbonisation in the UK and beyond: Review and perspectives

Y Wang, J Wang, W He - Renewable and Sustainable Energy Reviews, 2022 - Elsevier
Half of the global final energy consumption is related to heat, which accounts for 40% of
global energy-related carbon emissions. Particularly in the UK, nearly 24 million end-users …