Responsive FLEXibility: A smart local energy system

The transition towards a more decarbonised, resilient and distributed energy system requires local initiatives, such as Smart Local Energy Systems (SLES), which lead communities to gain self-sufficiency and become electricity islands. Although many SLES projects have been recently deployed, only a few of them have managed to be successful,...

Real-Time Control of Distributed Batteries with Blockchain-Enabled Market Export Commitments

Recent years have seen a surge of interest in distributed residential batteries for households with renewable generation. Yet, assuring battery assets are profitable for their owners requires a complex optimisation of the battery asset and additional revenue sources, such as novel ways to access wholesale energy markets. In this paper, we...

Smart contracts in energy systems: A systematic review of fundamental approaches and implementations

Given the ongoing transition towards a more decentralised and adaptive energy system, the potential of blockchain-enabled smart contracts for the energy sector is being increasingly recognised. Due to their self-executing, customisable and tamper-proof nature, they are seen as a key technology for enabling the transition to a more efficient,...

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

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...