Two-step price mechanism using Newton-Raphson method and peer-to-peer mediation for local electricity markets
Locally trading Renewable Energy Sources (RES) leads to significant cost savings and promotes sector coupling. Local Electricity Markets (LEM) incentivize the deployment of more RES installations, thereby reducing dependency on fossil fuels and lowering carbon emissions. RES have the potential to de...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2025-05-01
|
| Series: | Energy Strategy Reviews |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2211467X25000641 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|