Oslo, September 15th 2016
A Local Market Design Workshop on behalf of the EMPOWER Project will be held in Oslo next September 15th.
The EMPOWER Project has come up with a new market design model for distribution networks called Local Market. The principal purpose of Local Markets is to promote the installation of distributed renewable generators without compromising on grid operation while still engaging consumers, prosumers and producers to trade their electricity and flexibility locally.
The concepts to be presented have been developed in Work Package 6 “Market Design” with the main objective of “exploring the theories on the micro-market and capitalize on former research related to market design and trading in a smart grid setting”.