Developing future retail electricity markets with a customer-centric focus

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

doi:10.1016/j.enpol.2022.113147

Developing future retail electricity markets with a customer-centric focus

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

^*Corresponding author for this work

Research output: Contribution to journal › Comment/debate › peer-review

16 Citations (Scopus)

178 Downloads (Pure)

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.

Original language	English
Article number	113147
Number of pages	5
Journal	Energy Policy
Volume	168
Early online date	01 Jul 2022
DOIs	https://doi.org/10.1016/j.enpol.2022.113147
Publication status	Published - Sept 2022

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10.1016/j.enpol.2022.113147Licence: CC BY

Developing future retail electricity markets with a customer-centric focus
Copyright 2022 The Authors. This is an open access article published under a Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium, provided the author and source are cited.
Final published version, 1.07 MBLicence: CC BY

Cite this

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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. ",

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AB - 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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DO - 10.1016/j.enpol.2022.113147

M3 - Comment/debate

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Developing future retail electricity markets with a customer-centric focus

Abstract

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