Local Electricity Markets

Tiago Pinto (Lecturer, BISITE research group, University of Salamanca, Spain) works in the application of AI techniques to the study of electricity markets, specifically in the decision support of negotiating agents. He has been involved in several research projects involving the development and use of: Multi-Agent systems, Machine Learning algorithms, Knowledge-Based systems, Game Theory, Neural Networks, Genetic Algorithms, Particle Swarm Intelligence, and Data Mining. He is particularly interested in electricity markets, addressing the decision-support for market participants, negotiation strategies, machine learning and agent-based market simulation. He is also interested in smart grids, accommodating an intensive use of Renewable Energy Sources, Distributed Energy Resources (DER) and Distributed Generation (DG), addressing the management of energy resources and the negotiation of DER in electricity markets. He has authored over 150 publications in international journals and conferences. He has co-edited several books and special issues in journals related to power and energy systems and artificial intelligence. Zita Vale (GECAD research group, Polytechnic of Porto, Portugal) is Professor at the School of Engineering (ISEP) of the Polytechnic of Porto (IPP) and Director of GECAD – Research Group on Intelligent Engineering and Computing for Advanced Innovation and Developments. Her main interests regard the application of Artificial Intelligence Techniques to Power systems, including Knowledge based systems, Multi-agent systems, Neural Networks, Meta-heuristics, Optimization, Machine Learning, and Knowledge Discovery Techniques. She has been involved in more than 40 R&D projects from which she coordinated more than 20 projects. She is principally interested in Smart Grids, with an intensive use of Renewable Energy Sources, Distributed Energy Resources and Distributed Generation, addressing the management of energy resources, the negotiation of DER in electricity markets, demand response, and electric vehicles. She is also interested in electricity markets, addressing prices and tariffs, decision-support for market participants, ancillary services, derivatives market, pricing and market simulation. Steve Widergren (Principal Engineer, Pacific Northwest National Laboratory, USA) is interested in the application of information technology to power engineering problems including simulation, control, and system integration. He was the founding Administrator for the GridWise Architecture Council – a group formed to enable interoperability of automated systems related to the electric system. Prior to joining the Laboratory, Mr. Widergren was a corporate engineer at ESCA, now GE, an electricity control center supplier. Prior to that, he worked at American Electric Power and interned at Pacific Gas and Electric. In these positions, he engineered and managed energy management systems products for electric power operations and supported power system computer applications.

• Part I Distributed energy resources as enablers of local electricity markets1. New electricity markets. The challenges of variable renewable energy Ana Estanqueiro and António Couto2. Integration of electric vehicles in local energy markets José Almeida and João Soares3. From wholesale energy markets to local flexibility markets: structure, models and operation Fernando Lopes4. From the smart grid to the local electricity market Fernando Lezama, Tiago Pinto, Zita Vale, Gabriel Santos and Steve WidergrenPart II Local market models and opportunities5. Local market models Amin Shokri Gazafroudi, Hosna Khajeh, Miadreza Shafie-khah, Hannu Laaksonen and Juan Manuel Corchado6. Peer-to-peer energy platforms Liyang Han, Thomas Morstyn and Malcolm D. McCulloch7. Transmission system operator and distribution system operator interaction Hugo Gabriel Morais Valente, E. Lambert and J. Cantenot8. Local electricity markets—practical implementations Ricardo Faia, Fernando Lezama and Juan Manuel CorchadoPart III Enablers for local electricity markets9. Local energy markets, commercially available tools Jan Segerstam10. Distributed energy resource management system Quoc Tuan Tran, Van Hoa Nguyen, Ngoc An Luu and Elvira Amicarelli11. Modeling, simulation, and decision support Danial Esmaeili Aliabadi, Emre Çelebi, Murat Elhüseyni and Güvenç Sahin12. Blockchain as messaging infrastructure for smart grids Iván S. Razo-Zapata and Mihail Mihaylov13. Load profiling revisited: prosumer profiling for local energy markets Gianfranco Chicco and Andrea Mazza14. Forecasting Elena Mocanu, Decebal Constantin Mocanu, Nikolaos G. Paterakis and Madeleine Gibescu15. Mathematical models and optimization techniques to support local electricity markets John Fredy Franco, Leonardo H. Macedo, Nataly Bañol Arias, Alejandra Tabares, Rubén Romero and João SoaresPart IV Regulatory framework: Current trends and future Perspectives16. An economic analysis of market design: Local energy markets for energy and grid services L. Lynne Kiesling17. South American Markets—regulatory framework: current trends and future prospects in South America Rubipiara C. Fernandes, Edison A.C. Aranha Neto and Fabrício Y.K. Takigawa18. Electricity markets and local electricity markets in Europe Zita Vale, Débora de São José and Tiago Pinto19. Local electricity markets: regulation, opportunities, and challenges in theUnited Kingdom Karim L. Anaya20. Competition and restructuring of the South African electricity market Komla Agbenyo Folly21. Asia electricity markets Panhong Cheng and Yan Gao22. Current trends and perspectives in Australia Alan MoranConclusions and paths for future research and development