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

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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

Keywords

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

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10.1016/j.rser.2022.112403

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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

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Emerging Business Models in Local Energy Markets: A Systematic Review of Peer-To-Peer, Community Self-Consumption, and Transactive Energy Models
Chitchyan, R., 8 Mar 2022, (SSRN Electronic Journal).
Research output: Working paper › Preprint
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

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11 Citations (Scopus)

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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, [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.",

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

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",

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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)

VL - 162

JO - Renewable and Sustainable Energy Reviews

JF - Renewable and Sustainable Energy Reviews

SN - 1364-0321

M1 - 112403

ER -

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

Abstract

Keywords

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Research output

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

Emerging Business Models in Local Energy Markets: A Systematic Review of Peer-To-Peer, Community Self-Consumption, and Transactive Energy Models

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

Cite this