Prosumers as active market participants: A systematic review of evolution of opportunities, models and challenges

M Gržanić, T Capuder, N Zhang, W Huang - Renewable and Sustainable …, 2022 - Elsevier
The possibility of onsite production and flexible consumption is transforming consumers from
passive users to active service providers in power systems with the large share of renewable …

From demand response to transactive energy: state of the art

S Chen, CC Liu - Journal of Modern Power Systems and Clean …, 2017 - ieeexplore.ieee.org
This paper reviews the state of the art of research and industry practice on demand
response and the new methodology of transactive energy. Demand response programs …

Trading strategy and benefit optimization of load aggregators in integrated energy systems considering integrated demand response: A hierarchical Stackelberg game

S Li, L Zhang, L Nie, J Wang - Energy, 2022 - Elsevier
With the rise of integrated energy systems, the load aggregator's role in forming a
connection between the demand and supply sides has been gaining increasing importance …

A novel peer-to-peer local electricity market for joint trading of energy and uncertainty

Z Zhang, R Li, F Li - IEEE Transactions on Smart Grid, 2019 - ieeexplore.ieee.org
In the future power system, an increasing number of distributed energy resources will be
integrated including intermittent generation like photovoltaic (PV) and flexible demand like …

[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 …

Smart contract-based campus demonstration of decentralized transactive energy auctions

A Hahn, R Singh, CC Liu, S Chen - 2017 IEEE Power & energy …, 2017 - ieeexplore.ieee.org
Transactive energy paradigms will enable the exchange of energy from a distributed set of
prosumers. While prosumers have access to distributed energy resources, these resources …

[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 …

Comprehensive review on structure and operation of virtual power plant in electrical system

G Zhang, C Jiang, X Wang - IET generation, transmission & …, 2019 - Wiley Online Library
Constrained by low capacity and volatility, the rapid growth of distributed energy resources
are obviously slowdown resulting in consumption difficulty and investment obstacle. As an …

Optimal supply and demand bidding strategy for an aggregator of small prosumers

J Iria, F Soares, M Matos - Applied Energy, 2018 - Elsevier
This paper addresses the problem faced by an aggregator of small prosumers, when
participating in the energy market. The aggregator exploits the flexibility of prosumers' …

DGs for service restoration to critical loads in a secondary network

Y Xu, CC Liu, Z Wang, K Mo… - … on Smart Grid, 2017 - ieeexplore.ieee.org
During a major outage in a secondary network distribution system, distributed generators
(DGs) connected to the primary feeders as well as the secondary network can be used to …