Forming a Local Market using a Virtual Energy Community

Poria Astero, Anna Kulmala, Pertti Järventausta

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

1 Citation (Scopus)

Abstract

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.

Original languageEnglish
Title of host publicationProceedings of 17th International Conference on the European Energy Market, EEM 2020
PublisherIEEE
Number of pages6
ISBN (Electronic)9781728169194
DOIs
Publication statusPublished - Oct 2020
MoE publication typeA4 Conference publication
EventInternational Conference on the European Energy Market - Stockholm, Sweden
Duration: 16 Sept 202018 Sept 2020
Conference number: 17

Conference

ConferenceInternational Conference on the European Energy Market
Abbreviated titleEEM
Country/TerritorySweden
CityStockholm
Period16/09/202018/09/2020

Keywords

  • Energy community
  • Flexibility Services
  • Local market
  • Renewable energy sources

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