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Renewable Electricity Markets

A special issue of Energies (ISSN 1996-1073). This special issue belongs to the section "C: Energy Economics and Policy".

Deadline for manuscript submissions: closed (31 December 2023) | Viewed by 2086

Special Issue Editors


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Guest Editor
Department of Computer Science and Engineering, Santa Clara University, Santa Clara, CA 95053, USA
Interests: electric power industry; agent systems; artificial intelligence; software design; smart grids; ICT infrastructure

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Guest Editor
Department of Electrical Engineering, Universidad de Sevilla, 41092 Sevilla, Spain
Interests: electric power systems; microgrids; electricity markets; power flow
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Special Issue Information

Dear Colleagues,

Over the past decades, the electric power industry worldwide has been undergoing major restructuring to unbundle generation, transmission, and distribution of electric power and to create competitive electricity markets. These markets are generally organized by independent transmission operators and run on a day-ahead and real-time basis. Electric suppliers offer to sell their power generation for a particular bid price and electric distributors bid for that generation to meet the power demand of their customers. The market clears when supply matches demand and clearing price drives customer choice of supplier.

Climate change has spurred an increasing interest in renewable electricity supply to limit the emission of carbon dioxide and to provide clean energy sources. Electric suppliers and distributors created a rather different electricity market with a mix of renewable electricity supply that is dependent most and foremost on solar and wind power generation. End customers became motivated not only to consume power from an electric supplier but also to install their own renewable sources to produce power. The end customer power system is now known as microgrid and may operate in an isolated or a grid-connected mode. Microgrids have been increasingly installed in various shapes and sizes and have created new market dynamics where end customers can buy and sell power to the grid.

In a wider context, research has been vast in the area of electricity markets to address the dynamics and economics of how grid and microgrid power systems can operate while meeting constraints of various sorts. The specific context, options, and complexities, however, need further analysis to explore frontiers in renewable electricity markets in a Special Issue. We invite research papers and case studies for this Special Issue on the following topics:

  • Renewable electricity market models;
  • Regulatory options and decarbonization strategies;
  • Smart grid and microgrid markets and policies;
  • Solar, wind, biogas, and storage in renewable electricity markets;
  • Microgrid AC and DC alternatives and control strategies;
  • Clean renewable energy solutions for reliable and resilient power;
  • Smart energy solutions and automation for better economics and efficiency;
  • Smart building, energy efficiency, and demand side management;
  • Challenges in transformative energy and energy-as-a-service trends;
  • Digital transformation in the new paradigm of the electric power sector.

Dr. Salem Al-Agtash
Dr. Jose L. Martinez-Ramos
Guest Editors

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 submissions that pass pre-check are 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 2600 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.

Keywords

  • renewable electricity markets
  • smart grids
  • microgrids
  • clean energy
  • transformative energy

Published Papers (1 paper)

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Research

15 pages, 1237 KiB  
Article
Is It Costly to Transition from Fossil Fuel Energy: A Trade-Off Analysis
by Faraz Farhidi and Zaeng Mawi
Energies 2022, 15(21), 7873; https://doi.org/10.3390/en15217873 - 24 Oct 2022
Cited by 2 | Viewed by 1611
Abstract
This study aims to evaluate the trade-off between using cheaper and contaminated energy versus cleaner and more expensive energy and ultimately assess their combined effect on social externalities. We estimate the impact of air pollution and income level—mechanisms of energy consumption—on violent crimes [...] Read more.
This study aims to evaluate the trade-off between using cheaper and contaminated energy versus cleaner and more expensive energy and ultimately assess their combined effect on social externalities. We estimate the impact of air pollution and income level—mechanisms of energy consumption—on violent crimes and mortality rates. We propose an integrated causal analysis to address an endogeneity concern caused by the energy selection process by employing a difference-in-differences method (DiD) for the mechanism approach using policy changes. We explore the energy variations in neighboring counties caused by the implementation of green act policies to measure violent crimes and mortality rates using air pollution and income as the mechanisms. The results reveal that reducing fossil fuel by one terawatt hour can save 23 lives. Further, lowering nonrenewable energy use reduces 53 rapes yearly by lowering the maximum temperature, whereas decreasing fossil fuel does not negatively impact production and income. Thus, replacing fossil fuel energy with nuclear power is the most effective approach to reduce environmental and social damages caused by energy use. Full article
(This article belongs to the Special Issue Renewable Electricity Markets)
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