A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models

Timothy Capper; Anna Gorbatcheva; Mustafa A Mustafa; Mohamed  Bahloul; Jan Marc Schwidtal; Ruzanna Chitchyan; Merlinda Andoni; Valentin Robu; Mehdi Montakhabi; Ian  Scott; Christina Francis; Tanaka Mbavarira; Juan Manuel Espana; Lynne Kiesling

doi:10.1016/j.rser.2022.112403

A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models

Timothy Capper^*, Anna Gorbatcheva, Mustafa A Mustafa, Mohamed Bahloul, Jan Marc Schwidtal, Ruzanna Chitchyan, Merlinda Andoni, Valentin Robu, Mehdi Montakhabi, Ian Scott, Christina Francis, Tanaka Mbavarira, Juan Manuel Espana, Lynne Kiesling

^*Corresponding author for this work

Research output: Contribution to journal › Article (Academic Journal) › peer-review

145 Citations (Scopus)

254 Downloads (Pure)

Abstract

Peer-to-peer and transactive energy markets, and community or collective self-consumption offer new models for trading energy locally. Over the past 10 years there has been significant growth in the amount of academic literature and trial projects examining how these energy trading models might function. This systematic literature review of 139 peer-reviewed journal articles examines the market designs used in these energy trading models. The Business Ecosystem Architecture Modelling framework is used to extract information about the market models used in the literature and identify differences and similarities between the models. This paper identifies six archetypal market designs and three archetypal auction mechanisms used in markets presented in the reviewed literature. It classifies the types of commodities being traded, the benefits of the markets and other features such as the types of grid models. Finally, this paper identifies five evidence gaps which need future research before these markets can be widely adopted.

Original language	English
Article number	112403
Number of pages	24
Journal	Renewable and Sustainable Energy Reviews
Volume	162
DOIs	https://doi.org/10.1016/j.rser.2022.112403
Publication status	Published - 18 Apr 2022

Research Groups and Themes

Bristol Interaction Group

Keywords

prosumers
local energy markets
smart grid
energy trading
electricity trading
market model
transactive energy
self-consumption
peer-to-peer

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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145 Citations
2 Article (Academic Journal)
1 Review article (Academic Journal)

Emerging business models in local energy markets: A systematic review of peer-to-peer, community self-consumption, and transactive energy models
Schwidtal, J. M., Piccini, P., Troncia, M., Chitchyan, R., Montakhabi, M., Francis, C., Gorbatcheva, A., Capper, T., Mustafa, M. A., Andoni, M., Robu, V., Bahloul, M., Scott, I. J., Mbavarira, T., España, J. M. & Kiesling, L., 1 Jun 2023, In: Renewable and Sustainable Energy Reviews. 179, 113273.
Research output: Contribution to journal › Review article (Academic Journal) › peer-review

Open Access
48 Citations (Scopus)
A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models
Capper, T., Gorbatcheva, A., Mustafa, M. A., Bahloul, M., Schwidtal, J. M., Chitchyan, R., Andoni, M., Robu, V., Montakhabi, M., Scott, I., Francis, C., Mbavarira, T., Espana, J. M. & Kiesling, L., 18 Apr 2022, In: Renewable and Sustainable Energy Reviews. 162, 24 p., 112403.
Research output: Contribution to journal › Article (Academic Journal) › peer-review

Open Access
File
145 Citations (Scopus)

254 Downloads (Pure)
Social and Economic Value in Emerging Decentralized Energy Business Models: A Critical Review
Adams, S., Brown, D., Cárdenas Álvarez, J. P., Chitchyan, R., Fell, M., Hahnel, U. J. J., Hojckova, K., Johnson, C., Klein, L., Montakhabi, M., Say, K., Singh, A. & Watson, N., 24 Nov 2021, In: Energies. 14, 23, 29 p., 7864.
Research output: Contribution to journal › Article (Academic Journal) › peer-review

Open Access
File
42 Citations (Scopus)

133 Downloads (Pure)

1 Finished

Household-Supplier Energy Market
Chitchyan, R. (Principal Investigator), Rashid, A. (Co-Investigator), Craggs, B. (Co-Investigator) & Ramokapane, M. (Researcher)
1/10/17 → 31/03/20
Project: Research

Cite this

Capper, T., Gorbatcheva, A., Mustafa, M. A., Bahloul, M., Schwidtal, J. M., Chitchyan, R., Andoni, M., Robu, V., Montakhabi, M., Scott, I., Francis, C., Mbavarira, T., Espana, J. M., & Kiesling, L. (2022). A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models. Renewable and Sustainable Energy Reviews, 162, Article 112403. https://doi.org/10.1016/j.rser.2022.112403

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title = "A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models",

abstract = "Peer-to-peer and transactive energy markets, and community or collective self-consumption offer new models for trading energy locally. Over the past 10 years there has been significant growth in the amount of academic literature and trial projects examining how these energy trading models might function. This systematic literature review of 139 peer-reviewed journal articles examines the market designs used in these energy trading models. The Business Ecosystem Architecture Modelling framework is used to extract information about the market models used in the literature and identify differences and similarities between the models. This paper identifies six archetypal market designs and three archetypal auction mechanisms used in markets presented in the reviewed literature. It classifies the types of commodities being traded, the benefits of the markets and other features such as the types of grid models. Finally, this paper identifies five evidence gaps which need future research before these markets can be widely adopted.",

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author = "Timothy Capper and Anna Gorbatcheva and Mustafa, {Mustafa A} and Mohamed Bahloul and Schwidtal, {Jan Marc} and Ruzanna Chitchyan and Merlinda Andoni and Valentin Robu and Mehdi Montakhabi and Ian Scott and Christina Francis and Tanaka Mbavarira and Espana, {Juan Manuel} and Lynne Kiesling",

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doi = "10.1016/j.rser.2022.112403",

language = "English",

volume = "162",

journal = "Renewable and Sustainable Energy Reviews",

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publisher = "Elsevier",

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Capper, T, Gorbatcheva, A, Mustafa, MA, Bahloul, M, Schwidtal, JM, Chitchyan, R, Andoni, M, Robu, V, Montakhabi, M, Scott, I, Francis, C, Mbavarira, T, Espana, JM & Kiesling, L 2022, 'A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models', Renewable and Sustainable Energy Reviews, vol. 162, 112403. https://doi.org/10.1016/j.rser.2022.112403

TY - JOUR

T1 - A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models

AU - Capper, Timothy

AU - Gorbatcheva, Anna

AU - Mustafa, Mustafa A

AU - Bahloul, Mohamed

AU - Schwidtal, Jan Marc

AU - Chitchyan, Ruzanna

AU - Andoni, Merlinda

AU - Robu, Valentin

AU - Montakhabi, Mehdi

AU - Scott, Ian

AU - Francis, Christina

AU - Mbavarira, Tanaka

AU - Espana, Juan Manuel

AU - Kiesling, Lynne

PY - 2022/4/18

Y1 - 2022/4/18

N2 - Peer-to-peer and transactive energy markets, and community or collective self-consumption offer new models for trading energy locally. Over the past 10 years there has been significant growth in the amount of academic literature and trial projects examining how these energy trading models might function. This systematic literature review of 139 peer-reviewed journal articles examines the market designs used in these energy trading models. The Business Ecosystem Architecture Modelling framework is used to extract information about the market models used in the literature and identify differences and similarities between the models. This paper identifies six archetypal market designs and three archetypal auction mechanisms used in markets presented in the reviewed literature. It classifies the types of commodities being traded, the benefits of the markets and other features such as the types of grid models. Finally, this paper identifies five evidence gaps which need future research before these markets can be widely adopted.

AB - Peer-to-peer and transactive energy markets, and community or collective self-consumption offer new models for trading energy locally. Over the past 10 years there has been significant growth in the amount of academic literature and trial projects examining how these energy trading models might function. This systematic literature review of 139 peer-reviewed journal articles examines the market designs used in these energy trading models. The Business Ecosystem Architecture Modelling framework is used to extract information about the market models used in the literature and identify differences and similarities between the models. This paper identifies six archetypal market designs and three archetypal auction mechanisms used in markets presented in the reviewed literature. It classifies the types of commodities being traded, the benefits of the markets and other features such as the types of grid models. Finally, this paper identifies five evidence gaps which need future research before these markets can be widely adopted.

KW - prosumers

KW - local energy markets

KW - smart grid

KW - energy trading

KW - electricity trading

KW - market model

KW - transactive energy

KW - self-consumption

KW - peer-to-peer

U2 - 10.1016/j.rser.2022.112403

DO - 10.1016/j.rser.2022.112403

M3 - Article (Academic Journal)

SN - 1364-0321

VL - 162

JO - Renewable and Sustainable Energy Reviews

JF - Renewable and Sustainable Energy Reviews

M1 - 112403

ER -

A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models

Abstract

Research Groups and Themes

Keywords

UN SDGs

Access to Document

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Research output

Emerging business models in local energy markets: A systematic review of peer-to-peer, community self-consumption, and transactive energy models

A Systematic Literature Review of Peer-to-Peer, Community Self-Consumption, and Transactive Energy Market Models

Social and Economic Value in Emerging Decentralized Energy Business Models: A Critical Review

Projects

Household-Supplier Energy Market

Cite this