Consumer-centric Electricity Market

Elsevier, Renewable and Sustainable Energy Reviews, Volume 104, April 2019
The advent of more proactive consumers, the so-called “prosumers” with production and storage capabilities, is empowering the consumers and bringing new opportunities and challenges to the operation of power systems in a market environment. Recently, a novel proposal for the design and operation of electricity markets has emerged: these so-called peer-to-peer (P2P) electricity markets conceptually allow the prosumers to directly share their electrical energy and investment.