Market Design for a Decentralized Integrated European Energy Transformation
- Principal investigator at CSEI: Jens Weibezahn
- Funding Body: European Commission – Marie Skłodowska-Curie Actions
- Period: January 2022 – December 2023
The European Commission, with its “Clean Energy for all Europeans” package, calls for stronger participation of residential electricity consumers—individually or through communities—in the energy value chain, that is, production and sharing as well as flexible and responsive demand. While the associated pilot projects show promising results for the technical and economic feasibility of energy communities in Europe, the impact of widespread implementation remains unclear and they are still in an early stage, especially in regard to regulatory and economic frameworks. Consequently, there is a mismatch between developed market designs and their feasibility in the current regulatory framework. Thus, the research project will seek to investigate the advantages of a decentralized energy transformation from a system perspective, market designs for a 100% renewable energy transformation, and business models for energy communities.