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75 Results Found

  • Article
  • Open Access
20 Citations
2,967 Views
10 Pages

1 November 2021

This paper identifies socioeconomic factors that are supposed to impact the investment decision of private households in Germany regarding small-scale solar PV (photovoltaic) systems. In 2022, the last nuclear power plant will phase out and the end o...

  • Review
  • Open Access
5 Citations
3,301 Views
18 Pages

Notes on the Economics of Residential Hybrid Energy System

  • Mahelet G. Fikru,
  • Gregory Gelles,
  • Ana-Maria Ichim and
  • Joseph D. Smith

10 July 2019

Despite advances in small-scale hybrid renewable energy technologies, there are limited economic frameworks that model the different decisions made by a residential hybrid system owner. We present a comprehensive review of studies that examine the te...

  • Article
  • Open Access
20 Citations
3,162 Views
12 Pages

A Heuristic Approach to the Decision-Making Process of Energy Prosumers in a Circular Economy

  • José Ángel Gimeno,
  • Eva Llera-Sastresa and
  • Sabina Scarpellini

30 September 2020

Renewable distributed energy and self-consumption are promising and sustainable solutions in the energy-transition scenario for moving toward a circular economy. In this future scheme, prosumers are expected to play a leading role in the forthcoming...

  • Article
  • Open Access
1 Citations
1,760 Views
14 Pages

Improved Structural Local Thermal Energy Planning Based on Prosumer Profile: Part A

  • Adamantios G. Papatsounis,
  • Pantelis N. Botsaris and
  • Stefanos Katsavounis

25 May 2022

The transition to a carbon-reduced future for one of the most energy-intensive actors, the building sector, requires the development of appropriate tools and methods. One such approach is local energy communities (LECs), especially thermal LECs (TLEC...

  • Article
  • Open Access
4 Citations
4,677 Views
30 Pages

Energy-Investment Decision-Making for Industry: Quantitative and Qualitative Risks Integrated Analysis

  • Eva M. Urbano,
  • Victor Martinez-Viol,
  • Konstantinos Kampouropoulos and
  • Luis Romeral

21 June 2021

Industrial SMEs may take the decision to invest in energy efficient equipment to reduce energy costs by replacing or upgrading their obsolete equipment or due to external socio-political and legislative pressures. When upgrading their energy equipmen...

  • Review
  • Open Access
6 Citations
4,404 Views
18 Pages

9 March 2023

The introduction of Smart Grid resulted in the development of various applications that are built upon the concept of bi-directional flow of electricity and data. One of the Smart Grids pillars is the Distributed Generation (DG) technologies, where c...

  • Article
  • Open Access
1 Citations
2,684 Views
16 Pages

Prospect Theory with Bounded Temporal Horizon for Modeling Prosumer Behavior in the Smart Grid

  • Mohsen Rajabpour,
  • Mohammad Yousefvand,
  • Robert Mulligan and
  • Narayan B. Mandayam

1 November 2021

We study prosumer decision-making in the smart grid in which a prosumer must decide whether to make a sale of solar energy units generated at her home every day or hold (store) the energy units in anticipation of a future sale at a better price. Spec...

  • Article
  • Open Access
2 Citations
1,699 Views
27 Pages

8 August 2024

The behavior and reactions of prosumers play a key role in the development of sustainable energy and green transformation, as it is the result of their individual decisions that determines the scope of use of renewable energy sources. For these reaso...

  • Article
  • Open Access
10 Citations
3,884 Views
19 Pages

Adaptive Machine Learning for Automated Modeling of Residential Prosumer Agents

  • David Toquica,
  • Kodjo Agbossou,
  • Roland Malhamé,
  • Nilson Henao,
  • Sousso Kelouwani and
  • Alben Cardenas

4 May 2020

An efficient participation of prosumers in power system management depends on the quality of information they can obtain. Prosumers actions can be performed by automated agents that are operating in time-changing environments. Therefore, it is essent...

  • Article
  • Open Access
11 Citations
3,042 Views
20 Pages

23 November 2022

Future energy markets are foreseen to integrate multiple entities located mainly at the distribution level of the grid so that consumers can participate in energy trading while acting as individual prosumers or by forming energy communities. To ensur...

  • Article
  • Open Access
10 Citations
3,052 Views
21 Pages

30 May 2024

As modern technologies, particularly home assistant devices and sensors, become more integrated into our daily lives, they are also making their way into the domain of energy management within our homes. Homeowners, now acting as prosumers, have acce...

  • Article
  • Open Access
11 Citations
3,623 Views
15 Pages

MPC for Optimized Energy Exchange between Two Renewable-Energy Prosumers

  • Ibrahim Aldaouab,
  • Malcolm Daniels and
  • Raúl Ordóñez

6 September 2019

Renewable energy and information technologies are changing electrical energy distribution, favoring a move towards distributed production and trading between many buyers and sellers. There is new potential for trading between prosumers, entities whic...

  • Article
  • Open Access
417 Views
23 Pages

A Differentiation-Aware Strategy for Voltage-Constrained Energy Trading in Active Distribution Networks

  • Wei Lou,
  • Min Pan,
  • Junran Zhouyang,
  • Cheng Zhao,
  • Ming Wang,
  • Licheng Sun and
  • Yifan Liu

Free trading of distributed energy resources (DERs) is an effective way to enhance local renewable consumption and user-side economic efficiency. Yet unrestricted sharing may threaten operational security. To address this, this paper proposes a volta...

  • Article
  • Open Access
42 Citations
4,843 Views
25 Pages

1 March 2023

Energy management for multi-home installation of solar PhotoVoltaics (solar PVs) combined with Electric Vehicles’ (EVs) charging scheduling has a rich complexity due to the uncertainties of solar PV generation and EV usage. Changing clients fro...

  • Article
  • Open Access
36 Citations
5,605 Views
30 Pages

10 December 2020

This paper presents a comprehensive study of the technical and economic benefits that a typical residential prosumer may experience when investing in a solar photovoltaic (PV) system with a battery energy storage system (BESS). To this end, a home en...

  • Article
  • Open Access
34 Citations
5,513 Views
24 Pages

Economic Viability of Energy Communities versus Distributed Prosumers

  • Lubov Petrichenko,
  • Antans Sauhats,
  • Illia Diahovchenko and
  • Irina Segeda

13 April 2022

As distribution grids are made to accommodate significant amounts of renewable energy resources, the power system evolves from a classical producer-consumer scheme to a new one that includes individual prosumers or energy communities. This article co...

  • Article
  • Open Access
6 Citations
2,983 Views
26 Pages

20 October 2021

The transformation of our energy system toward zero net CO2 emissions correlates with a stronger use of low energy density renewable energy sources (RES), such as photovoltaic (PV) energy. As a source of flexibility, distributed PV systems, in partic...

  • Article
  • Open Access
2 Citations
2,177 Views
18 Pages

Hybrid Game Trading Mechanism for Virtual Power Plant Based on Main-Side Consortium Blockchains

  • Zhiwen Yu,
  • Zhaoming Qiu,
  • Ying Cai,
  • Weijian Tao,
  • Qian Ai and
  • Di Wang

16 October 2023

With the rapid development and technological innovation in the energy market, peer-to-peer (P2P) energy trading, as a decentralised and efficient trading model, has been widely studied and practically applied. However, in P2P energy transactions invo...

  • Article
  • Open Access
231 Views
28 Pages

28 January 2026

Urban microgrids are evolving into socially coupled energy systems in which prosumer decisions are shaped by both market incentives and peer influence. Conventional optimization approaches overlook this behavioral interdependence and offer limited ad...

  • Article
  • Open Access
133 Citations
23,106 Views
30 Pages

Business Models in the Smart Grid: Challenges, Opportunities and Proposals for Prosumer Profitability

  • Jesús Rodríguez-Molina,
  • Margarita Martínez-Núñez,
  • José-Fernán Martínez and
  • Waldo Pérez-Aguiar

23 September 2014

Considering that non-renewable energy resources are dwindling, the smart grid turns out to be one of the most promising and compelling systems for the future of energy. Not only does it combine efficient energy consumption with avant-garde technologi...

  • Article
  • Open Access
11 Citations
2,660 Views
23 Pages

Two-Stage Robust Optimization for Prosumers Considering Uncertainties from Sustainable Energy of Wind Power Generation and Load Demand Based on Nested C&CG Algorithm

  • Qiang Zhou,
  • Jianmei Zhang,
  • Pengfei Gao,
  • Ruixiao Zhang,
  • Lijuan Liu,
  • Sheng Wang,
  • Lin Cheng,
  • Wei Wang and
  • Shiyou Yang

19 June 2023

This paper develops a two-stage robust optimization (TSRO) model for prosumers considering multiple uncertainties from the sustainable energy of wind power generation and load demand and extends the existing nested column-and-constraint generation (C...

  • Article
  • Open Access
5 Citations
1,653 Views
17 Pages

Bidding Strategy for the Alliance of Prosumer Aggregators in the Distribution Market

  • Chunyi Wang,
  • Jiawei Xing,
  • Yuejiao Wang,
  • Jing Xu,
  • Zhixin Fu,
  • Benjie Xu and
  • Haoming Liu

8 October 2024

Photovoltaic energy storage system (PV-ESS) prosumer aggregators are characterized by a large number but small scale in the distribution system and are not competitive enough to participate in market transactions. For this reason, a prosumer aggregat...

  • Article
  • Open Access
37 Citations
4,716 Views
27 Pages

14 October 2020

Automatic peer-to-peer energy trading can be defined as a Markov decision process and designed using deep reinforcement learning. We consider prosumer as an entity that consumes and produces electric energy with an energy storage system, and define t...

  • Article
  • Open Access
25 Citations
4,361 Views
19 Pages

Poland as the EU Leader in Terms of Photovoltaic Market Growth Dynamics—Behind the Scenes

  • Małgorzata Rataj,
  • Justyna Berniak-Woźny and
  • Marlena Plebańska

25 October 2021

The growing climate crisis forces the adoption of radical steps to neutralize our impact on the environment, despite the constantly growing demand for energy. Poland, which according to forecasts will not reach the EU target of 15% share of renewable...

  • Article
  • Open Access
19 Citations
2,652 Views
15 Pages

5 October 2020

The peer-to-peer (P2P) energy trading is anchored in more efficient usage of electric power by allowing excess electric power from energy prosumers to be harnessed by other end-users. To boost the P2P energy trading, it is of pivotal significance to...

  • Article
  • Open Access
20 Citations
4,571 Views
14 Pages

22 January 2021

The article focuses on the specificity of the behavior of modern prosumers in the market for organic products as a determinant of sustainable consumption. The strengthening of the pro-consumer relationship is made possible thanks to ongoing technolog...

  • Article
  • Open Access
6 Citations
1,870 Views
22 Pages

3 April 2024

With the large-scale development of distributed energy on the demand side, the trend of “supply exceeding demand” has gradually become prominent, and regional peer-to-peer (P2P) energy trading has become an important measure to improve th...

  • Article
  • Open Access
27 Citations
3,365 Views
23 Pages

Optimal Scheduling of a Hydrogen-Based Energy Hub Considering a Stochastic Multi-Attribute Decision-Making Approach

  • Mahyar Lasemi Imeni,
  • Mohammad Sadegh Ghazizadeh,
  • Mohammad Ali Lasemi and
  • Zhenyu Yang

5 January 2023

Nowadays, the integration of multi-energy carriers is one of the most critical matters in smart energy systems with the aim of meeting sustainable energy development indicators. Hydrogen is referred to as one of the main energy carriers in the future...

  • Article
  • Open Access
34 Citations
7,602 Views
22 Pages

13 January 2018

The energy sector is in transition to a flexible and sustainable energy system based on renewable energy sources. This complex transition is affecting multiple levels in the sociotechnical system. One driver of the transition is climate change that e...

  • Article
  • Open Access
7 Citations
3,302 Views
20 Pages

22 June 2021

The participation of household prosumers in wholesale electricity markets is very limited, considering the minimum participation limit imposed by most market participation rules. The generation capacity of households has been increasing since the ins...

  • Article
  • Open Access
5 Citations
2,876 Views
23 Pages

Demand Response Optimization Model to Energy and Power Expenses Analysis and Contract Revision

  • Filipe Marangoni,
  • Leandro Magatão and
  • Lúcia Valéria Ramos de Arruda

1 June 2020

This paper proposes a mathematical model based on mixed integer linear programming (MILP). This model aids the decision-making process in local generation use and demand response application to power demand contract adequacy by Brazilian consumers/pr...

  • Article
  • Open Access
11 Citations
4,706 Views
17 Pages

Algorithms for Bidding Strategies in Local Energy Markets: Exhaustive Search through Parallel Computing and Metaheuristic Optimization

  • Andrés Angulo,
  • Diego Rodríguez,
  • Wilmer Garzón,
  • Diego F. Gómez,
  • Ameena Al Sumaiti and
  • Sergio Rivera

16 September 2021

The integration of different energy resources from traditional power systems presents new challenges for real-time implementation and operation. In the last decade, a way has been sought to optimize the operation of small microgrids (SMGs) that have...

  • Article
  • Open Access
4 Citations
2,723 Views
16 Pages

9 November 2020

Since the inherent intermittency and uncertainty of renewable energy resources complicates efficient Microgrid operations, a Demand Response (DR) scheme is implemented for customers in the grid to alter their power-usage patterns. However, for a real...

  • Feature Paper
  • Article
  • Open Access
23 Citations
3,857 Views
18 Pages

In recent years, the distribution of local and renewable generation plants has introduced significant challenges in the management of electrical energy. In order to increase the usage of renewable energy, the prosumers, i.e., the residential users th...

  • Article
  • Open Access
299 Views
41 Pages

Blockchain-Integrated Stackelberg Model for Real-Time Price Regulation and Demand-Side Optimization in Microgrids

  • Abdullah Umar,
  • Prashant Kumar Jamwal,
  • Deepak Kumar,
  • Nitin Gupta,
  • Vijayakumar Gali and
  • Ajay Kumar

26 January 2026

Renewable-driven microgrids require transparent and adaptive coordination mechanisms to manage variability in distributed generation and flexible demand. Conventional pricing schemes and centralized demand-side programs are often insufficient to regu...

  • Article
  • Open Access
9 Citations
2,582 Views
19 Pages

16 February 2022

In the context of an eco-responsible production and distribution of electrical energy at the local scale of an urban territory, we consider a smart grid as a system interconnecting different prosumers, which all retain their decision-making autonomy...

  • Article
  • Open Access
74 Citations
6,445 Views
14 Pages

Fuzzy Efficient Energy Smart Home Management System for Renewable Energy Resources

  • Ronggang Zhang,
  • Sathishkumar V E and
  • R. Dinesh Jackson Samuel

13 April 2020

This article provides a fuzzy expert system for efficient energy smart home management systems (FES-EESHM), demand management, renewable energy management, energy storage, and microgrids. The suggested fuzzy expert framework is utilized to simplify d...

  • Article
  • Open Access
45 Citations
8,934 Views
28 Pages

19 September 2020

The transfer of market power in electric generation from utilities to end-users spurred by the diffusion of distributed energy resources necessitates a new system of settlement in the electricity business that can better manage generation assets at t...

  • Feature Paper
  • Article
  • Open Access
712 Views
29 Pages

10 November 2025

Modern electrical vehicles (EVs) are equipped with sizable batteries that possess significant potential as energy prosumers. EVs are poised to be transformative assets and pivotal contributors to the virtual power plant (VPP), enhancing the performan...

  • Review
  • Open Access
2 Citations
1,766 Views
24 Pages

14 June 2024

The integration of Distributed Energy Resources utilizing Renewable Energy Sources, Energy Storage Systems, and Information and Communication Technologies is transforming traditional energy systems into adaptable, flexible, and sustainable systems, w...

  • Article
  • Open Access
18 Citations
5,942 Views
33 Pages

26 June 2019

The Swiss energy strategy aims at increasing electricity generation from solar power by 2050, to fulfil Switzerland’s commitments in the Paris Agreement. However, the market of single- and two-family houses is characterized by low return rates...

  • Article
  • Open Access
20 Citations
4,557 Views
16 Pages

22 January 2019

With the increasing penetration of Internet of Things devices and distributed energy resources in the next-generation distribution network, the efficient energy management for system operation are facing new challenges. One reason is that the large-s...

  • Article
  • Open Access
5 Citations
1,640 Views
63 Pages

28 January 2025

This paper presents a blockchain-enabled Multi-Agent System (MAS) for real-time power management in Virtual Prosumer (VP) Networks, integrating Plug-in Electric Vehicles (PEVs) and Renewable Energy Sources (RESs). The proposed framework addresses cri...

  • Article
  • Open Access
5 Citations
2,791 Views
22 Pages

24 March 2023

The paper examines the challenges related to solar photovoltaic (PV) development with a pivotal focus on the impacts of the dynamics of the relevant markets and technological advancements in the solar industry. In this regard, household investments i...

  • Article
  • Open Access
12 Citations
4,452 Views
22 Pages

A Machine Learning Approach to Forecasting Hydropower Generation

  • Sarah Di Grande,
  • Mariaelena Berlotti,
  • Salvatore Cavalieri and
  • Roberto Gueli

17 October 2024

In light of challenges like climate change, pollution, and depletion of fossil fuel reserves, governments and businesses prioritize renewable energy sources such as solar, wind, and hydroelectric power. Renewable energy forecasting models play a cruc...

  • Article
  • Open Access
31 Citations
7,145 Views
16 Pages

Next Generation Real-Time Smart Meters for ICT Based Assessment of Grid Data Inconsistencies

  • Mihai Sanduleac,
  • Gianluca Lipari,
  • Antonello Monti,
  • Artemis Voulkidis,
  • Gianluca Zanetto,
  • Antonello Corsi,
  • Lucian Toma,
  • Giampaolo Fiorentino and
  • Dumitru Federenciuc

27 June 2017

The latest technological developments are challenging for finding new solutions to mitigate the massive integration of renewable-based electricity generation in the electrical networks and to support new and dynamic energy and ancillary services mark...

  • Article
  • Open Access
16 Citations
5,051 Views
32 Pages

Demand-Side Flexibility Impact on Prosumer Energy System Planning

  • Marko Jelić,
  • Marko Batić and
  • Nikola Tomašević

29 October 2021

Apart from numerous technical challenges, the transition towards a carbon-neutral energy supply is greatly hindered by limited economic feasibility of renewable energy sources. This results in their slow and bounded penetration in both commercial and...

  • Review
  • Open Access
37 Citations
5,992 Views
27 Pages

Agent-Based Modelling of Urban District Energy System Decarbonisation—A Systematic Literature Review

  • Ardak Akhatova,
  • Lukas Kranzl,
  • Fabian Schipfer and
  • Charitha Buddhika Heendeniya

13 January 2022

There is an increased interest in the district-scale energy transition within interdisciplinary research community. Agent-based modelling presents a suitable approach to address variety of questions related to policies, technologies, processes, and t...

  • Article
  • Open Access
55 Citations
9,432 Views
20 Pages

Medium-Term Regional Electricity Load Forecasting through Machine Learning and Deep Learning

  • Navid Shirzadi,
  • Ameer Nizami,
  • Mohammadali Khazen and
  • Mazdak Nik-Bakht

6 April 2021

Due to severe climate change impact on electricity consumption, as well as new trends in smart grids (such as the use of renewable resources and the advent of prosumers and energy commons), medium-term and long-term electricity load forecasting has b...

  • Article
  • Open Access
20 Citations
5,407 Views
25 Pages

A Machine Learning-Based Electricity Consumption Forecast and Management System for Renewable Energy Communities

  • Miguel Matos,
  • João Almeida,
  • Pedro Gonçalves,
  • Fabiano Baldo,
  • Fernando José Braz and
  • Paulo C. Bartolomeu

28 January 2024

The energy sector is currently undergoing a significant shift, driven by the growing integration of renewable energy sources and the decentralization of electricity markets, which are now extending into local communities. This transformation highligh...

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