Special Issue "Design Optimization of Local Energy Markets"
Deadline for manuscript submissions: 30 April 2021.
Interests: energy markets; market equilibrium modeling; energy infrastructure; decision making under uncertainty
Interests: energy storage; energy systems modeling; stochastic programming; smart grids; optimization; local market design
We are pleased to announce the Energies Special Issue “Design Optimization of Local Energy Markets”. The rapid decline in investment cost of small-scale renewable electricity generation has made (small-scale) renewable generation a viable option for millions of electricity end-users, thus becoming prosumers. In order to balance supply and demand—even when prosumers are, on average, self-sufficient—temporal mismatches in generation and consumption loads require inflows and outflows from distribution and transmission grids.
In recent years, an increasing number of articles have introduced local electric power and energy market concepts wherein prosumers trade in virtual or physical local markets with other prosumers and consumers, with objectives such as independence, autonomy, cost minimization, and GHG emission cost reduction. Perspectives vary from the overall system to peer-to-peer trading, but do not generally account for the market setting and rules that should allow and facilitate modeling outcomes that may actually produce a more realistic representation.
Market design considers rules for pricing, trading, contracting, and matching, as applied to market participants and the market as a whole. A good design should facilitate market efficiency, liquidity and stability, incentivize the right investments, and allow mitigating of the consequences of risk and strategic behavior.
We hereby invite papers addressing and analyzing market design concepts and issues in local energy markets.
Prof. Dr. Ruud Egging-Bratseth
Dr. Pedro Crespo Del Granado
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 papers will be 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 1800 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.
- Pricing and bidding strategies
- Market mechanisms, trading, and matching
- Contract design and contracting
- Peer-to-peer matching
- Block chain-based markets
- Local market boundaries and interactions with distribution and/or transmission system operators
- Local market services to DSO operations
- Power system analysis
- Risk and investment incentives