Regulatory options for local reserve energy markets: Implications for prosumers, utilities, and other stakeholders

Energy Journal

Volumn 37, Issue Special Issue 2, 2016, Pages 39-50

  Rosen, Christiane ^a   Madlener, Reinhard ^a  

^a RWTH AACHEN UNIVERSITY   (Germany)

Author keywords

Balance group; Local reserve energy market; Prosumer

Indexed keywords

EID: 85009948447     PISSN: 01956574     EISSN: None     Source Type: Journal    
DOI: 10.5547/01956574.37.SI2.cros     Document Type: Article

References (36)

1. Ausubel, L., 2004. An efficient ascending-bid auction for multiple objects. The American Economic Review 94: 1452-1475. http://dx.doi.org/10.1257/0002828043052330.
2. Berninghaus, S., Ehrhart, K.M., Güth, W., 2006. Strategische Spiele: Eine Einführung in die Spieltheorie. Springer-Verlag, Berlin, Heidelberg.
3. Brudney, J., 1987. Coproduction and privatization: Exploring the relationship and its implications. Nonprofit and Voluntary Sector Quarterly 16, 11-21. http://dx.doi.org/10.1177/089976408701600303.
4. Cardell, J., 2007. Distributed resource participation in local balancing energy markets. Proceedings of the 2007 IEEE Lausanne Power Tech, Lausanne, Switzerland, July 1-5, 2007. http://dx.doi.org/10.1109/PCT.2007.4538369.
5. Corn, M., Cerne, G., Papic, I., Atanasijevic-Kunc, M., 2014. Improved integration of renewable energy sources with the participation of active customers. Journal of Mechanical Engineering 60, 274-282. http://dx.doi.org/10.5545/svjme.2013.1199.
6. Dimeas, A., Hatziargyriou, N., 2007. Agent based control of Virtual Power Plants. The 14th International Conference on Intelligent System Applications to Power Systems, ISAP 2007, Nov. 5-8, Taiwan. http://dx.doi.org/10.1109/isap.2007.4441671.
7. Ferris, J., 1984. Coprovision: Citizen time and money donations in public service provision. Public Administration Review 44, 324-333. http://dx.doi.org/10.2307/976078.
8. Growitsch, C., Höffler, F., Wissner, M., 2010. Marktkonzentration und Marktmachtanalyse für den deutschen Regelenergiemarkt. Zeitschrift für Energiewirtschaft 34, 209-222. http://dx.doi.org/10.1007/s12398-010-0022-0.
9. Heimerl, S., Dußling, U., Reiss, J., 2010. Ausbau der Wasserkraft bis 1000 kW im Einzugsgebiet des Neckars unter Berücksichtigung ökologischer Bewirtschaftungsziele: ohne Bundeswasserstraße Neckar. Ministerium für Umwelt, Naturschutz und Verkehr, Baden-Württemberg.
10. Humphreys, A., Grayson, K., 2008. The intersecting roles of consumer and producer: A critical perspective on co-production, co-creation and prosumption. Sociology Compass 2, 963-980. http://dx.doi.org/10.1111/j.1751-9020.2008.00112.x.
11. Hvleplund, F., 2006. Renewable energy and the need for local energy markets. Energy 31, 2293-2302. http://dx.doi.org/10.1016/j.energy.2006.01.016.
12. IEA, 2014. Technology roadmap: Energy storage. OECD/IEA (International Energy Agency), Paris, France.
13. Kagel, J., Levin, D., 1993. Independent private value auctions: Bidder behaviour in first-, second-And third-price auctions with varying numbers of bidders. The Economic Journal 103, 868-879. http://dx.doi.org/10.2307/2234706.
14. Kanchev, H., Lu, D., Colas, F., Lazarov, V., Francois, B., 2011. Energy management and operational planning of a microgrid with a PV-based active generator for smart grid applications. IEEE Transactions on Industrial Electronics 58, 4583-4592. http://dx.doi.org/10.1109/TIE.2011.2119451.
15. Karnouskos, S., 2011. Demand Side Management via prosumer interactions in a smart city energy marketplace. 2nd IEEE PES International Conference and Exhibition on Innovative Smart Grid Technologies (ISGT Europe), Dec 5-7, 2001. doi10.1109/ISGTEurope.2011.6162818.
16. Katiraei, F., Iravani, M., Lehn, P., 2005. Micro-grid autonomous operation during and subsequent to islanding process. IEEE Transactions on Power Delivery 20, 248-257. http://dx.doi.org/10.1109/TPWRD.2004.835051.
17. Lasseter, R., Akhil, A., Marnay, C., Stephens, J., Dagle, J., Guttromson, R., Meliopoulous, A., Yinger, R., Eto, J., 2002. Integration of distributed energy resources -The CERTS microgrid concept. Lawrence Berkeley National Laboratory LBNL-50829.
18. Lund, H., Andersen, A., Ostergaard, P., Vad Mathiesen, B., Connolly, D., 2012. From electricity smart grids to smart energy systems -A market operation based approach and understanding. Energy 42, 96-102. http://dx.doi.org/10.1016/j.energy.2012.04.003.
19. Lund, H., Münster, E., 2006. Integrated energy systems and local energy markets. Energy Policy 34, 1152-1160. http://dx.doi.org/10.1016/j.enpol.2004.10.004.
20. Mattson, G., 1986. The promise of citizen coproduction: Some persistent issues. Public Productivity Review 10, 51-56. http://dx.doi.org/10.2307/3380451.
21. Oberst, C., Madlener, R., 2014. Prosumer preferences regarding the adoption of micro-generation technologies: Empirical evidence for German homeowners. FCN Working Paper No. 22/2014, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, December, revised September 2015.
22. Ohler, C., Chartouni, D., 2007. Batteriespeicher im elektrischen Versorgungsnetz. ABB Corporate Research Ltd..
23. Pecas Lopes, J., Moreira, C., Madureira, A., 2001. Defining control strategies for microgrids islanded operation. IEEE Transactions on Power Systems 21, 916-924. http://dx.doi.org/10.1109/TPWRS.2006.873018.
24. Raths, S., Pollok, T., Sowa, T., Schnettler, A., Brandt, J., Eckstein, J., 2013. Market potential analysis for the provision of balancing reserve with a fleet of electric vehicles. 22nd International Conference and Exhibition on Electricity Distribution (CIRED 2013). June 10-13, 2013, Stockholm, Sweden. http://dx.doi.org/10.1049/cp.2013.0842.
25. Ridder, F.D., Hommelberg, M., Peeters, E., 2011. Demand side integration: four potential business cases and an analysis of the 2020 situation. European Transactions on Electrical Power 21, 1902-1913. http://dx.doi.org/10.1002/etep.529.
26. Ritzer, G., Jurgenson, N., 2010. Production, consumption, prosumption: The nature of capitalism in the age of the digital prosumer. Journal of Consumer Culture 10, 13-36. http://dx.doi.org/10.1177/1469540509354673.
27. Rosen, C., Madlener, R., 2013a. Auction design for local reserve energy markets. Decision Support Systems 56, 168-179. http://dx.doi.org/10.1016/j.dss.2013.05.022.
28. Rosen, C., Madlener, R., 2013b. The role of information feedback in local reserve energy auction markets. FCN Working Paper No. 15/2013, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, November, revised May 2014.
29. Sauter, R., Watson, J., 2007. Strategies for the deployment of micro-generation: Implications for social acceptance. Energy Policy 35, 2770-2779. http://dx.doi.org/10.1016/j.enpol.2006.12.006.
30. Siderius, H.P., Dijkstra, A., 2006. Smart metering for households: Costs and benefits for the Netherlands. Senter Novem, Utrecht, the Netherlands.
31. Siderius, P., Leussink, E., Nonhebel, P., 2004. Scan vraagrespons kleinverbruikers elektriciteit. Senter Novem, Utrecht, the Netherlands.
32. StromNZV, 2005. Verordnung über den Zugang zu Elektrizitätsversorgungsnetzen vom 25. Juli 2005. Bundesgesetzblatt Jahrgang 2005 Teil I Nr. 46 ausgegeben zu Bonn am 28. Juli 2005.
33. Swider, D., Weber, C., 2003. Ausgestaltung des deutschen Regelenergiemarktes. Energiewirtschaftliche Tagesfragen 53, 448-453.
34. Toffler, A., 1980. The third wave. New York: Bantam Books.
35. Union for the Co-ordination of Transmission of Electricity (UCTE), 2004. Operation handbook. Cf. https://www.entsoe.eu/publications/system-operations-reports/operation-handbook/Pages/default.aspx.
36. Vickrey, W., 1961. Counterspeculation, auctions, and competitive sealed tenders. The Journal of Finance 16, 8-37. http://dx.doi.org/10.1111/j.1540-6261.1961.tb02789.x.