Peer-to-peer, community self-consumption, and transactive energy

Peer-to-peer, community self-consumption, and transactive energy: A systematic literature review of local energy market models

Capper, Timothy (University of Manchester)
Gorbatcheva, Anna (University College London (UCL))
Mustafa, Mustafa A. (University of Manchester; Katholieke Universiteit Leuven)
Bahloul, Mohamed (Tyndall National Institute)
Schwidtal, Jan Marc (Università degli Studi di Padova)
Chitchyan, Ruzanna (University of Bristol)
Andoni, Merlinda (Heriot-Watt University; University of Glasgow)
Robu, Valentin (TU Delft Algorithmics; Centrum Wiskunde & Informatica (CWI))
Montakhabi, Mehdi (Vrije Universiteit Brussel)

2022

Peer-to-peer, community or collective self-consumption, and transactive energy markets offer new models for trading energy locally. Over the past five years, there has been significant growth in the amount of academic literature examining how these local energy markets might function. This systematic literature review of 139 peer-reviewed journal articles examines the market designs used in these energy trading models. A modified version of the Business Ecosystem Architecture Modelling framework is used to extract market model information from the literature, and to identify differences and similarities between the models. This paper examines how peer-to-peer, community self-consumption and transactive energy markets are described in current literature. It explores the similarities and differences between these markets in terms of participation, governance structure, topology, and design. This paper systematises peer-to-peer, community self-consumption and transactive energy market designs, identifying six archetypes. Finally, it identifies five evidence gaps which require future research before these markets could be widely adopted. These evidence gaps are the lack of: consideration of physical constraints; a holistic approach to market design and operation; consideration about how these market designs will scale; consideration of information security; and, consideration of market participant privacy.

Community self-consumption
Electricity trading
Energy trading
Local energy market
Market model
Peer-to-peer
Prosumer
Smart grid
Transactive energy

http://resolver.tudelft.nl/uuid:112f3402-8be7-4a57-bf09-4215588d53c2

https://doi.org/10.1016/j.rser.2022.112403

1364-0321

Renewable & Sustainable Energy Reviews, 162

Institutional Repository

review

© 2022 Timothy Capper, Anna Gorbatcheva, Mustafa A. Mustafa, Mohamed Bahloul, Jan Marc Schwidtal, Ruzanna Chitchyan, Merlinda Andoni, Valentin Robu, Mehdi Montakhabi, More Authors