Electrification and the Future of Electricity Markets: Transitioning to a Low-Carbon Energy System

Electrification Futures Study: Operational Analysis of U.S. Power Systems with Increased Electrification and Demand-Side Flexibility

“…In addition to the complexities associated with the multiple types of DSF, analyzing the future extent and impact of DSF is challenging because of the interplay of electricity demand, regulatory and market design, pricing and business models, consumer behavior, and grid and communications infrastructure (Jones et al 2018;Patteeuw, Henze, and Helsen 2016). The EFS does not comprehensively model all these factors, and it considers the total flexible load potential as exogenous in its scenarios.…”

Blockchain as Key Enabling Technology for Future Electric Energy Exchange: A Vision

“…Therefore, this idea strongly influenced the energy sector, especially with the policies meant for increasing the penetration of Renewable Energy Sources (RES) and their subsequent strong increase [1]. From a technical perspective, new generation technologies like solar or wind pose challenges on how to integrate their particular production profiles and nature, requiring to adapt the design of electricity markets and networks [31] for a more dynamic, flexible and adaptive electric grid. A possible answer could come from the integration of low-scale distributed resources [32].…”

“…Content may change prior to final publication. Citation information: DOI 10.1109/ACCESS.2020.3036994, IEEE Access A. Baggio, F. Grimaccia -Blockchain as key enabling technology for future electric energy exchange: a vision quest for a more economically efficient competitive structure [31]. This ended the hegemony of monopolistic integrated utility and marked the birth of competition foremost at generation level and, in a lesser-way, at the retail level, while restructuring the distribution and transmission segments.…”

Research on Energy Storage Optimization for Large-Scale PV Power Stations under Given Long-Distance Delivery Mode

“…The stored electricity could then be discharged to meet the load demand during the peak hours around 18:00. Engels et al [29] introduced the peak-shaving abilities of a battery energy storage system, and Jones et al [30] adopted an energy storage system instead of a thermal power plant to operate only during the peak period to reduce greenhouse gas emissions. Akbari et al [31] suggested that energy storage batteries could store electricity at low demands and low power generation costs or when intermittent energy sources are present.…”