Design of a Prosumer-Centric Local Energy Market: An Approach Based on Prospect Theory

Design of a Prosumer-Centric Local Energy Market: An Approach Based on Prospect Theory

The energy sector is undergoing a transformative shift, driven by advancements in Distributed Energy Resources (DERs), the digitization of the energy supply chain and decarbonization policy objectives across the world. This paradigm shift has led to the emergence of Local Energy Markets (LEMs), whic...

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Bibliographic Details
Main Authors: Nikos Andriopoulos, Konstantinos Plakas, Alexios Birbas, Alex Papalexopoulos
Format: Article
Language:English
Published: IEEE 2024-01-01
Series:IEEE Access
Subjects:
Behavioral economics
cooperative game theory
distributed energy resources
energy market democratization
fair profit allocation
local energy market
Online Access:https://ieeexplore.ieee.org/document/10445259/

Internet

https://ieeexplore.ieee.org/document/10445259/

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