Local energy exchange considering heterogeneous prosumer preferences

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Abstract

Technological developments in the electricity sector and the shift towards more prosumer-centric market structures enable the emergence of local electricity markets. In this study, the possibility of developing an energy exchange pertaining a network of prosumers belonging to a local community is investigated. In addition, the influence of heterogeneous prosumers' preferences on the feasibility and viability of local market structures is of interest. To this end, a dataset with highly granular measurements of electricity consumption and production of residential end-users is used. Moreover, survey data are used in order to identify behavioral characteristics and preferences regarding electricity and to perform prosumer segmentation. The results of the case study indicate that despite the heterogeneity of preferences, similar participant objectives might emerge, reinforcing the feasibility of local energy exchanges.

Original languageEnglish
Title of host publication2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings
Place of PublicationPiscataway
PublisherInstitute of Electrical and Electronics Engineers
Number of pages6
ISBN (Electronic)978-1-5386-5326-5
ISBN (Print)978-1-5386-5327-2
DOIs
Publication statusPublished - 17 Oct 2018
Event2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Sevilla, Spain
Duration: 10 Sep 201812 Sep 2018

Conference

Conference2018 International Conference on Smart Energy Systems and Technologies, SEST 2018
CountrySpain
CitySevilla
Period10/09/1812/09/18

Fingerprint

Electricity
Energy
Electricity Market
Survey Data
Viability
Sector
Segmentation
Market
Power markets

Keywords

  • Community energy trading
  • local energy trading
  • prosumer segmentation
  • prosumers

Cite this

Dukovska, I., Paterakis, N. G., & Slootweg, H. J. G. (2018). Local energy exchange considering heterogeneous prosumer preferences. In 2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings [8495865] Piscataway: Institute of Electrical and Electronics Engineers. https://doi.org/10.1109/SEST.2018.8495865
Dukovska, Irena ; Paterakis, Nikolaos G. ; Slootweg, Han J.G. / Local energy exchange considering heterogeneous prosumer preferences. 2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings. Piscataway : Institute of Electrical and Electronics Engineers, 2018.
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Dukovska, I, Paterakis, NG & Slootweg, HJG 2018, Local energy exchange considering heterogeneous prosumer preferences. in 2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings., 8495865, Institute of Electrical and Electronics Engineers, Piscataway, 2018 International Conference on Smart Energy Systems and Technologies, SEST 2018, Sevilla, Spain, 10/09/18. https://doi.org/10.1109/SEST.2018.8495865

Local energy exchange considering heterogeneous prosumer preferences. / Dukovska, Irena; Paterakis, Nikolaos G.; Slootweg, Han J.G.

2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings. Piscataway : Institute of Electrical and Electronics Engineers, 2018. 8495865.

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

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AU - Paterakis, Nikolaos G.

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N2 - Technological developments in the electricity sector and the shift towards more prosumer-centric market structures enable the emergence of local electricity markets. In this study, the possibility of developing an energy exchange pertaining a network of prosumers belonging to a local community is investigated. In addition, the influence of heterogeneous prosumers' preferences on the feasibility and viability of local market structures is of interest. To this end, a dataset with highly granular measurements of electricity consumption and production of residential end-users is used. Moreover, survey data are used in order to identify behavioral characteristics and preferences regarding electricity and to perform prosumer segmentation. The results of the case study indicate that despite the heterogeneity of preferences, similar participant objectives might emerge, reinforcing the feasibility of local energy exchanges.

AB - Technological developments in the electricity sector and the shift towards more prosumer-centric market structures enable the emergence of local electricity markets. In this study, the possibility of developing an energy exchange pertaining a network of prosumers belonging to a local community is investigated. In addition, the influence of heterogeneous prosumers' preferences on the feasibility and viability of local market structures is of interest. To this end, a dataset with highly granular measurements of electricity consumption and production of residential end-users is used. Moreover, survey data are used in order to identify behavioral characteristics and preferences regarding electricity and to perform prosumer segmentation. The results of the case study indicate that despite the heterogeneity of preferences, similar participant objectives might emerge, reinforcing the feasibility of local energy exchanges.

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Dukovska I, Paterakis NG, Slootweg HJG. Local energy exchange considering heterogeneous prosumer preferences. In 2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings. Piscataway: Institute of Electrical and Electronics Engineers. 2018. 8495865 https://doi.org/10.1109/SEST.2018.8495865