The changes taking place in the energy sector, the transition towards smart grids and an increasing share of distributed renewable energy sources generate the need for new market designs as well as new business models on the level of distribution grids. This work applies the market engineering framework to markets in smart distribution grids.
Based on this structure, the most vital aspects of local markets in smart grids are examined. First, a systematic overview of important research approaches in the respective fields is given. Second, intermediaries are seen as markets engineers in their own one-sided market. This allows to further integrate related existing industry projects into the analysis. Thus, the relevance and practicability of the research and the value of the market engineering framework for local power markets is shown.
Inhaltsverzeichnis (Table of Contents)
- 1 Introduction
- 2 Related Work
- 3 Smart Distribution Grids: A Market Engineering Overview
- 3.1 Economic and Legal Environment
- 3.1.1 European Union (EU) Strategy
- 3.1.2 National Strategy in Germany
- 3.1.3 Implications for Local Markets in Distribution Grids
- 3.2 Market Outcome
- 3.3 Agent Behavior
- 3.4 Market Structure
- 3.4.1 Microstructure
- 3.4.2 IT Infrastructure
- 3.4.3 Business Structure
- 3.5 Transaction Object
- 3.6 Summary
- 3.1 Economic and Legal Environment
- 4 Conclusion and Outlook
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This work aims to apply the market engineering framework to markets in smart distribution grids, providing a comprehensive analysis of the key aspects of these local markets. It explores the most vital aspects of local markets in smart grids, examining the economic and legal environment, market outcomes, agent behavior, and market structure.
- The transition towards smart grids and the increasing share of distributed renewable energy sources (RES)
- The need for new market designs and business models on the level of distribution grids
- The role of intermediaries as market engineers
- The integration of existing industry projects into the analysis
- The importance of the market engineering framework for local power markets
Zusammenfassung der Kapitel (Chapter Summaries)
- Chapter 1: Introduction This chapter introduces the concept of smart distribution grids and the need for new market designs in the energy sector. It highlights the increasing share of RES and the potential for leveraging flexibility from consumers.
- Chapter 2: Related Work This chapter introduces the market engineering framework and its application to the analysis of markets in distribution grids. It provides a systematic overview of relevant research approaches in the field.
- Chapter 3: Smart Distribution Grids: A Market Engineering Overview This chapter provides a detailed analysis of smart distribution grids within the market engineering framework. It examines key aspects such as the economic and legal environment, market outcomes, agent behavior, and market structure.
Schlüsselwörter (Keywords)
This work focuses on the following key concepts: smart distribution grids, market engineering, distributed renewable energy sources (RES), market design, business models, local markets, flexibility, intermediaries, microstructure, IT infrastructure, business structure, economic and legal environment.
- Quote paper
- B. Sc. Frederik vom Scheidt (Author), 2016, Towards Smart Distribution Grids. A Structured Market Engineering Review, Munich, GRIN Verlag, https://www.grin.com/document/335098
