Journal
ENERGY POLICY
Volume 168, Issue -, Pages -Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2022.113147
Keywords
Retail electricity market; Smart grid; Customer engagement; Distributed energy resources; Peer -to -peer networks
Funding
- Cooperative Awards in Science & Engineering (CASE)
- Northern Ireland
- Engineering and Physical Sciences Research Council (EPSRC)
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Accelerating the net-zero carbon transition is crucial for future retail electricity markets. Adopting a customer-centric approach in market design is essential to fully harness smart grid technologies.
Future retail electricity markets require development to accelerate the net-zero carbon transition. Adopting a customer-centric approach to market design is necessary to fully utilise smart grid technologies. In this perspective we postulate that empowering energy consumers to become an integral component of the smart grid will lead to heightened renewable energy deployment and network flexibility.
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