ABSTRACT

This chapter introduces the transition of power systems and energy markets towards the net zero prosumers era. It introduces key stakeholders in current GB energy system. The chapter describes the emerging role of prosumers, and identifies potential architectures of information and control for prosumer networks, including peer-to-peer trading markets, intermediary-based trading markets, and microgrid-based trading markets. There are primarily three architectures commonly used in research and industrial practices, including the peer-to-peer trading markets, intermediary-based trading markets, and microgrid-based trading markets. The long-term benefits include the incentive on distributed generation and avoiding huge costs of power network reinforcement. The intermediary-based trading markets are more structured than the peer-to-peer trading markets. The microgrid-based trading markets are the most structured framework, under which prosumers are connected to the microgrid and the microgrid can either connect to the main grid or operate at the islanded mode.