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Transactive Energy Supply Arrangements

Reference Number
EP/R002312/1
Title
Transactive Energy Supply Arrangements
Status
Completed
Energy Categories
Other Power and Storage Technologies(Electricity transmission and distribution)
Other Power and Storage Technologies(Energy storage)
Other Cross-Cutting Technologies or Research(Energy Economics)
Other Cross-Cutting Technologies or Research(Environmental, social and economic impacts)
Research Types
Basic and strategic applied research
Science and Technology Fields
SOCIAL SCIENCES (Economics and Econometrics)
SOCIAL SCIENCES (Business and Management Studies)
SOCIAL SCIENCES (Sociology)
ENGINEERING AND TECHNOLOGY (Electrical and Electronic Engineering)
UKERC Cross Cutting Characterisation
Systems Analysis related to energy R&D (Energy modelling)
Sociological economical and environmental impact of energy (Policy and regulation)
Sociological economical and environmental impact of energy (Consumer attitudes and behaviour)
Sociological economical and environmental impact of energy (Other sociological economical and environmental impact of energy)
Principal Investigator
Dr S Galloway
Electronic and Electrical Engineering
University of Strathclyde
Award Type
Standard
Funding Source
EPSRC
Start Date
01 June 2017
End Date
30 November 2017
Duration
6 months
Total Grant Value
£59,823
Industrial Sectors
Energy
Region
Scotland
Programme
Energy : Energy
Investigators
Principal Investigator
Dr S Galloway, Electronic and Electrical Engineering, University of Strathclyde
Other Investigator
Dr SK Firth, Civil and Building Engineering, Loughborough University
Dr J Irvine, Electronic and Electrical Engineering, University of Strathclyde
Professor J Webb, School of Social and Political Science, University of Edinburgh
Mr C Whittet, School of Design, Glasgow School of Art
Web Site
Objectives
Abstract
In recent years there has been a huge investment in micro generation from both customers and small scale providers, particularly in residential PV. However, current metering arrangements are very basic, which limits the effectiveness of this investment.If there was provision for neighbours to trade energy directly with each other, and be compensated for doing so, the true potential of this investment would be unlocked. Identifying the biggest issues for small scale energy providers is challenge, facilitating micro payments, more representative billing algorithms and time of day pricing would allow a provider to sell energy to local end-users.The inclusion of energy storage could play a key role in developing a low-carbon energy systems, bringing flexibility and providing back-up to intermittent renewable generation sources. Understanding how storage is to be used locally would improve the management of distribution networks, reduce costs and improve efficiencies, supporting grid decarbonisation and off-setting the need for costly network investment.Our research will inform on the obstacles and enablers for future energy supply arrangements at the local, decentralised and neighbourhood scales. Transacting directly with end users and producers deep down in the utility networks in an economically viable manner is currently a significant business and technological challenge with not all barriers well understood.Through cross disciplinary research the TESA project will landscape the social, technical, regulatory, and design pathways to enable the future supply of energy to customers that will further stimulate investment in electricity generation both from small scale providers and customers themselves, reducing the nation's demands for large scale infrastructure investments.
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Added to Database
21/02/19