Journal of Modern Power Systems and Clean Energy

ISSN 2196-5625 CN 32-1884/TK

Sharing Economy in Local Energy Markets

1.School of Economics and Management, North China Electric Power University, Beijing 102206, China 2.State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources, North China Electric Power University, Beijing 102206, China 3.National Engineering Laboratory for Big Data Analysis and Applications, Peking University, Beijing 100871, China 4. State Key Lab of Power Systems, Department of Electrical Engineering, Tsinghua University, Beijing 100084, China 5.Department of Industrial Engineering and Management, College of Engineering, Peking University, Beijing 100871, China 6.China Electric Power Research Institute, Beijing 100192, China 7. Engineering and Technology Institute Groningen, University of Groningen, 9742 AG Groningen, the Netherlands 8. Department of Civil and Environmental Engineering, Stanford University, CA 94305 Palo Alto, USA

Fund Project:

This work was supported by the National Key Research and Development Program of China (No. 2020YFB0905900).

  • Article
  • |
  • Figures
  • |
  • Metrics
  • |
  • Reference
  • |
  • Related
  • |
  • Cited by
  • |
  • Materials

    With an increase in the electrification of end-use sectors, various resources on the demand side provide great flexibility potential for system operation, which also leads to problems such as the strong randomness of power consumption behavior, the low utilization rate of flexible resources, and difficulties in cost recovery. With the core idea of “access over ownership”, the concept of the sharing economy has gained substantial popularity in the local energy market in recent years. Thus, we provide an overview of the potential market design for the sharing economy in local energy markets (LEMs) and conduct a detailed review of research related to local energy sharing, enabling technologies, and potential practices. This paper can provide a useful reference and insights for the activation of demand-side flexibility potential. Hopefully, this paper can also provide novel insights into the development and further integration of the sharing economy in LEMs.

    Cited by
Get Citation
Article Metrics
  • Abstract:
  • PDF:
  • HTML:
  • Cited by:
  • Received:August 17,2022
  • Revised:October 25,2022
  • Adopted:
  • Online: May 23,2023
  • Published: