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Developing future retail electricity markets with a customer-centric focus

Author

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  • Hampton, Harrison
  • Foley, Aoife M.
  • Del Rio, Dylan Furszyfer
  • Sovacool, Benjamin

Abstract

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.

Suggested Citation

  • Hampton, Harrison & Foley, Aoife M. & Del Rio, Dylan Furszyfer & Sovacool, Benjamin, 2022. "Developing future retail electricity markets with a customer-centric focus," Energy Policy, Elsevier, vol. 168(C).
  • Handle: RePEc:eee:enepol:v:168:y:2022:i:c:s030142152200372x
    DOI: 10.1016/j.enpol.2022.113147
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    References listed on IDEAS

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    1. Pratik Mochi & Kartik Pandya & Ricardo Faia & Joao Soares, 2023. "Six-Segment Strategy for Prosumers’ Financial Benefit Maximization in Local Peer-to-Peer Energy Trading," Mathematics, MDPI, vol. 11(18), pages 1-17, September.

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