Economic scalability of local energy and flexibility market under consideration of medium voltage nodes

This paper addresses the integration of local peer-to-peer energy markets with secure grid congestion management to accelerate decarbonization at the community level. To tackle the challenges of increasing renewable energy resources, energy loads from electric vehicles, and heat pumps, the PEAK platform with its dual-market approach—comprising a peer-to-peer energy market and a flexibility market—has been extended to incorporate multiple low-voltage and medium-voltage grids. Simulations involving 250 prosumers and 362 nodes evaluated financial benefits, market liquidity, and the role of wind power in enhancing local energy trading, especially during winter when photovoltaic generation is low. Results indicate that wind power integration increases prosumer earnings by €2.64 per day on average in winter, reducing dependence on external suppliers. Furthermore, low-voltage grid prosumers contribute to medium-voltage congestion management, emphasizing the platform’s scalability and flexibility for decentralized energy systems.

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Publication Details

Journal
IET conference proceedings.
Published
2025-10-14
DOI
https://doi.org/10.1049/icp.2025.1601
Primary Topic
Global Energy Security and Policy
Type
article
Field-Weighted Citation Impact
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article

Economic scalability of local energy and flexibility market under consideration of medium voltage nodes

Alexander Fay, Nils Loose, Maximilian Kilthau, Martin Asman et al.
IET conference proceedings.
Global Energy Security and Policy
article

Economic scalability of local energy and flexibility market under consideration of medium voltage nodes

Alexander Fay, Nils Loose, Maximilian Kilthau, Martin Asman, Felix Gehlhoff, Christian Derksen, Markus Zdrallek, Thomas Gilster
article en

Abstract

This paper addresses the integration of local peer-to-peer energy markets with secure grid congestion management to accelerate decarbonization at the community level. To tackle the challenges of increasing renewable energy resources, energy loads from electric vehicles, and heat pumps, the PEAK platform with its dual-market approach—comprising a peer-to-peer energy market and a flexibility market—has been extended to incorporate multiple low-voltage and medium-voltage grids. Simulations involving 250 prosumers and 362 nodes evaluated financial benefits, market liquidity, and the role of wind power in enhancing local energy trading, especially during winter when photovoltaic generation is low. Results indicate that wind power integration increases prosumer earnings by €2.64 per day on average in winter, reducing dependence on external suppliers. Furthermore, low-voltage grid prosumers contribute to medium-voltage congestion management, emphasizing the platform’s scalability and flexibility for decentralized energy systems.

IET conference proceedings.Vol. 2025(14)
University of Wuppertal (DE), Helmut Schmidt University (DE), Wuppertal Institute for Climate, Environment and Energy (DE), Institute of Automation (DE), Hannover Re (Germany) (DE), University of Duisburg-Essen (DE), Ruhr University Bochum (DE)
Openalex Percentile: Top 56%
Global Energy Security and Policy
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Economic scalability of local energy and flexibility market under consideration of medium voltage nodes — Alexander Fay, Nils Loose, et al. · IET conference proceedings. (2025) | TGRS Research Map | TGRS