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Advances in Energy Market Research

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (27 September 2023) | Viewed by 8815

Special Issue Editors


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Guest Editor
School of Marketing and Communication, Marketing, University of Vaasa, PB 700, 65101 Vaasa, Finland
Interests: energy transition; flexible energy sustems; prosumers; peer-to-peer trading; energy communities; market disruption; marketing capabilities; business networks; customer value creation

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Guest Editor
School of Technology and Innovations, University of Vaasa, PB 700, 65101 Vaasa, Finland
Interests: smart grids; flexible energy systems; microgrids; protection and control of electricity; market concepts for smart grids; peer-to-peer energy trading
Special Issues, Collections and Topics in MDPI journals

E-Mail Website
Guest Editor
School of Marketing and Communication, Marketing, University of Vaasa, PB 700, 65101 Vaasa, Finland
Interests: energy transition; prosumers; technology management; energy communities; energy policy; business models; ecosystems; commercialisation; energy marketing

Special Issue Information

Dear Colleagues,

Existing energy systems are changing due to global drivers towards sustainable and renewable generation-based integrated systems with multi-scale flexibility needs. However, a large-scale transformation in the energy system may not be simple and straightforward. The increased use of renewable energy sources, supportive regulatory regimes, technological advancements of the recent past (such as artificial intelligence, blockchain, IoTs, vehicle to grid (V2G) and related technologies), consumers’ ability to produce as well as feed to the grid (prosumers), the incorporation of smart grid, emphasis on energy communities, the emergence of flexible energy systems and platforms will change future energy systems operation and management structures. Additionally, traditional market structures and business models need to be adapted so that they can enable the realisation of the energy transition.

An effective transition from centralised to decentralised energy systems would not only require technological solutions, but also a change in the socio-economic, political and regulatory landscape. Technology companies, regulatory bodies, transmission companies, energy aggregators, consumers and other stakeholders involved in the ecosystem will have to adapt to emerging realities. A successful transformation requires new business models, regulation, taxation and market schemes as well as new governance mechanisms, network logic and partnerships, safety and privacy regulations, and, above all, a change in mindset. This transformation in the energy system opens up a new set of opportunities for actors and stakeholders in the process, but also poses challenges and threats that may compromise their position in the value chain.

Against this background, the objective of this Special Issue is to invite scholarly contributions in the form of conceptual papers, reviews of the state of the art, and empirical papers to strengthen the scholarship in this domain, as well as provide understanding to help practitioners and policy makers. The contributions can be related to both technical and non-technical aspects of the energy systems.

The list of potential topics includes, but are not limited to:

  • Active customers and prosumers;
  • AI, blockchain, IoTs, V2G, smart grid, and related technologies;
  • Data, security and privacy issues;
  • Decentralisation of energy markets;
  • Data security and privacy issues;
  • Energy transition and sector-integration;
  • Energy communities and smart districts and smart cities;
  • Energy policies;
  • Flexible energy market and platforms;
  • Integration of renewables in the energy system;
  • New Business models / transformation in business models;
  • Peer-to-peer energy trading;
  • Smart grids and electrification of the transportation;
  • Transformation in marketing and communication strategies. 

Please feel free to contact guest editors in case you need more information on the topic(s) or this Special Issue.

Prof. Dr. Arto Rajala
Prof. Dr. Hannu Laaksonen
Dr. Shah Rukh Shakeel
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Energies is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2600 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Artificial Intelligence (AI), Blockchain, smart grid, Vehicle to grid (V2G) and related technologies
  • business models
  • decentralisation of energy markets
  • energy transition
  • energy policy
  • energy communities and network households
  • flexible energy markets and platforms
  • prosumers privacy and security issues
  • pandemics (COVID-19)
  • transformation in business operations
  • technology adoption

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Published Papers (2 papers)

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Research

24 pages, 1125 KiB  
Article
Blockchain Technology for Renewable Energy: Principles, Applications and Prospects
by Oskar Juszczyk and Khuram Shahzad
Energies 2022, 15(13), 4603; https://doi.org/10.3390/en15134603 - 23 Jun 2022
Cited by 41 | Viewed by 5064
Abstract
Blockchain, or distributed ledger, is an innovative technology that is emerging in various sectors and industries across the globe. It has attracted the attention of different interest groups such as energy companies, SMEs and start-ups, information technology developers, financial institutions, national authorities, and [...] Read more.
Blockchain, or distributed ledger, is an innovative technology that is emerging in various sectors and industries across the globe. It has attracted the attention of different interest groups such as energy companies, SMEs and start-ups, information technology developers, financial institutions, national authorities, and the university community. Through, for example, the decentralization of authority in transactions, Internet of Things (IoT) implementation, and smart contracting, the improvement of the daily business operations is firmly forecasted. In the energy sector, digitalization is already present in solutions such as smart grids, smart meters, electric vehicles, etc. Moreover, a new concept of the Internet of Energy (IoE) has been introduced in the academic literature. In this article, the level of trust and maturity of Blockchain technology implementation is investigated through the Blockchain Maturity Questionnaire, developed by the authors. The database consists of responses from upper management professionals from the renewable energy industry. The analysis reveals the state of know-how about Blockchain, the main benefits and bottlenecks associated with its implementation as well as willingness to integrate this technology in the case companies’ future operations. The insight from the industry experts helped to provide a “Roadmap for Blockchain Adoption” in future energy systems. This curiosity study yields numerous applications not only for the renewable energy industry experts but also for the interest groups coming from different industries, as well as public authorities and researchers scrutinizing the fields taken into its scope. Full article
(This article belongs to the Special Issue Advances in Energy Market Research)
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24 pages, 1948 KiB  
Article
Local Energy Markets in Action: Smart Integration of National Markets, Distributed Energy Resources and Incentivisation to Promote Citizen Participation
by Peter Klement, Tobias Brandt, Lucas Schmeling, Antonieta Alcorta de Bronstein, Steffen Wehkamp, Fernando Andres Penaherrera Vaca, Mathias Lanezki, Patrik Schönfeldt, Alexander Hill and Nemanja Katic
Energies 2022, 15(8), 2749; https://doi.org/10.3390/en15082749 - 8 Apr 2022
Cited by 10 | Viewed by 2851
Abstract
Since the Paris Agreement in 2016, the goals of limiting climate change and moving toward climate resilience stand. With a share of about 80% of global CO2 emissions, the energy sector is an essential driver for these goals. A shift to low-carbon [...] Read more.
Since the Paris Agreement in 2016, the goals of limiting climate change and moving toward climate resilience stand. With a share of about 80% of global CO2 emissions, the energy sector is an essential driver for these goals. A shift to low-carbon energy production and a decentralized system for more efficient energy transmission distribution is necessary. In this paper, we present our work on Modelling of Power Exchanges, Algorithms for Local Energy Market (LEM), Competitiveness of Combined Heat and Power Plant (CHP) and Energy Feedback Devices. The study was conducted considering technical, economic, social and regulatory framework. For easy integration into energy simulations or a district energy management system (DEMS), a model for power exchanges was created that allows flexible input or deterministic price patterns. The algorithm handles the clearing of an LEM by a district aggregator using limit orders with the goal of increasing the share of locally consumed electricity using economic incentives. An investigation was conducted into the operation of flexible CHPs in low-carbon power systems to balance the volatility of renewable energy. An Energy Signal Light (ESL) was developed as an energy feedback device, which is integrated into the DEMS in a living lab and allows individual configuration. In summary, the results presented should be compared with those of other research approaches in the future and require qualitative and quantitative evaluation. Full article
(This article belongs to the Special Issue Advances in Energy Market Research)
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