dilmanning

Impact of local electricity markets and peer-to-peer trading on low-voltage grid operations

As penetration of variable renewable energy sources (VRES) continues to increase, more creative approaches must be taken to balance supply and demand than has been necessary in the past. One of these ideas is to create local energy communities (LECs) where households trade electricity with their neighbors directly, instead of buying and selling from the …

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IOTA Internship in Collaboration with BEYOND Partner NTNU

Last summer, two students participating in the Sustainable Energy Systems & Markets dual degree at NTNU/TU Berlin participated in a joint internship with NTNU and IOTA. IOTA is a not-for-profit distributed ledger technology (DLT) company that aims to support frictionless data and value transfer, with a use case specializing in Internet of Things (IoT). As …

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Local electricity markets: Neighbourly help as a driver for sustainability

A blog post from Markus Löschenbrand of BEYOND partner SINTEF details the changes in the power grid in recent decades, as well as potential solutions to the inherent added complexity of doing so. Regulatory shifts in the 90s towards market liberalization shifted the responsibility of R&D, investment decisions, and operational planning from large state monopolies …

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Austrian region Großschönau prepares for data measurements in BEYOND project

With the recent update on sensory and measurement equipment in households, communal buildings and small enterprises in the pilot region Großschönau, another important step has been taken towards starting data measurements for the project’s simulations. In this demo region, the project aims to demonstrate local market designs and also to provide insights on coupling energy …

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“Impact of Local Electricity Markets and Peer-to-Peer Trading on Grid Operations in a Norwegian Low-Voltage Distribution Grid” by Marthe Fogstad Dynge

Another recent thesis from the Department of Power Engineering at NTNU investigates the impacts of establishing a local peer-to-peer market in local energy communities (LECs). It analyzes these impacts based on voltage variations, grid dependency, and losses. The model in this thesis is based on two existing research models, one for multi-stage market optimization and …

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“Comparing Optimization Strategies in Local Electricity Markets Applied to Large Industrial End-users in Norway and Residential Buildings in the UK” by Martine Halvorsen Sønju

A recent thesis from the Department of Industrial Economics and Technology at NTNU investigates two different optimization-based system control strategies on a local electricity market level. These strategies are evaluated based on two outputs: the total cost of electricity during operation [for both the energy sharing region (ESR) as a whole and for each end-user …

“Comparing Optimization Strategies in Local Electricity Markets Applied to Large Industrial End-users in Norway and Residential Buildings in the UK” by Martine Halvorsen Sønju Read More »