The local energy market concept in EMPOWER is introduced. It places emphasis on a value-oriented approach and not energy price alone. It is organised within a neighbourhood and supported by a platform-based business model. The concept integrates trade in energy, end-user flexibility and energy-related services and products. Example contracts are presented along with initial results related to recruitment and establishment of such markets.
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Bremdal et al. (2017) studied this question.
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