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Reference Number EP/S031901/1
Title Energy Revolution Research Consortium - Plus - EnergyREV - Market Design for Scaling up Local Clean Energy Systems
Status Started
Energy Categories OTHER POWER and STORAGE TECHNOLOGIES(Electricity transmission and distribution) 25%;
OTHER CROSS-CUTTING TECHNOLOGIES or RESEARCH(Energy system analysis) 25%;
OTHER CROSS-CUTTING TECHNOLOGIES or RESEARCH(Environmental, social and economic impacts) 25%;
OTHER CROSS-CUTTING TECHNOLOGIES or RESEARCH(Energy Economics) 25%;
Research Types Basic and strategic applied research 100%
Science and Technology Fields SOCIAL SCIENCES (Economics and Econometrics) 50%;
PHYSICAL SCIENCES AND MATHEMATICS (Applied Mathematics) 25%;
ENGINEERING AND TECHNOLOGY (Electrical and Electronic Engineering) 25%;
UKERC Cross Cutting Characterisation Systems Analysis related to energy R&D (Energy modelling) 50%;
Sociological economical and environmental impact of energy (Other sociological economical and environmental impact of energy) 50%;
Principal Investigator Dr S McArthur
No email address given
Electronic and Electrical Engineering
University of Strathclyde
Award Type Standard
Funding Source EPSRC
Start Date 01 April 2019
End Date 31 March 2023
Duration 48 months
Total Grant Value £475,036
Industrial Sectors Energy
Region Scotland
Programme Prospering from the Energy Revolution
 
Investigators Principal Investigator Dr S McArthur , Electronic and Electrical Engineering, University of Strathclyde (99.997%)
  Other Investigator Dr T Morstyn , Engineering Science, University of Oxford (0.001%)
Dr J Radcliffe , Electronic, Electrical and Computer Eng, University of Birmingham (0.001%)
Dr C Hepburn , Grantham Research Inst on Climate Change, London School of Economics and Political Science (LSE) (0.001%)
  Industrial Collaborator Project Contact , Upside Energy Limited (0.000%)
Project Contact , Verv Energy (0.000%)
Web Site
Objectives
Abstract Smart local energy systems offer the new opportunity to unlock valuable demand flexibility from owners of distributed energy technologies, such as electric vehicles, home batteries and heat-pumps. When combined with consumer-level ICT infrastructure, these resources allow previously passive consumers to become 'prosumers' - consumers who can proactively manage their consumption, production and storage of energy.The smart local energy system demonstrators are expected to generate a range of local energy markets and platforms, offering new opportunities for prosumers to actively engage with the energy system. A wide variety of designs and business models for these markets and platforms are possible. Platforms are already operating that aggregate groups of prosumers and offer balancing services to National Grid. New markets for local flexibility services could enable prosumers to help manage voltage and thermal constraints, contributing to distribution system resilience. Markets for direct peer-to-peer energy trading have also been proposed, which would offer a win-win for prosumers, and the system as a whole, by facilitating the use of flexible resources to help match local supply and demand.To ensure local energy markets create value locally, and can successfully scale up, energy market and regulatory arrangements will need adjustment. The major opportunity is for local energy markets to be integrated at the national scale, with clean local energy and flexibility reducing the need for large investments in generation and transmission infrastructure. Achieving this scale-up will require new market design frameworks and supporting technologies, with prosumer preferences and behaviours of central importance. The project aims to answer the research question: "How can local and system-level energy markets be designed to successfully integrate local clean energy systems at the national scale?" High performance computing will be used for large-scale simulation, to study the interactions between local energy markets operating in parallel at different time scales and physical scales. This will facilitate the design of new local and system-level coordination mechanisms and policies, and allow their impact to be evaluated. The project will enhance the value offered by the Energy Revolution Research Consortium by providing novel insights and quantitative evidence which can be shared with the smart local energy system demonstrators as well as policy-makers
Publications (none)
Final Report (none)
Added to Database 02/07/19