Economic Effects of a Nationwide Roll-Out of Energy Sharing in Local Energy Markets | IEEE Conference Publication | IEEE Xplore

Economic Effects of a Nationwide Roll-Out of Energy Sharing in Local Energy Markets

Publisher: IEEE

Abstract:

In order to allow for economically feasible energy sharing, financial incentives for locally exchanging electricity could be introduced. In a possible nationwide roll-out...View more

Abstract:

In order to allow for economically feasible energy sharing, financial incentives for locally exchanging electricity could be introduced. In a possible nationwide roll-out of energy sharing in the future, the trading concept and incentives could lead to economic effects. To evaluate these economic effects, we propose a methodology for modeling a national energy system, identifying and simulating the trade within representative market areas, and extrapolating the results to the national level. In a case study, we apply the methodology for a future scenario in Germany. The results show positive effects on end customers by reducing electricity procurement costs and increasing self- sufficiency. However, reduced electricity procurement costs for end customers result from redistribution of taxes, grid fees, levies, and utilities.
Date of Conference: 25-29 June 2023
Date Added to IEEE Xplore: 09 August 2023
ISBN Information:
Publisher: IEEE
Conference Location: Belgrade, Serbia

References

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