UK Financial Conduct Authority nudges community groups towards LEMs

UK Financial Conduct Authority nudges community groups towards LEMs

Posted on Aug 27, 2014

UK Government says it’s keen to encourage localisation, including localising the provision of energy. The Government said, in its Community Energy Strategy of April 2014, that it sees a strong role for communities in helping the UK to meet energy and climate change challenges. The Government’s modifications to its incentive regimen (feed-in-tariffs and renewable heat […]

EXSTORM results update: prices tracking abundance

EXSTORM results update: prices tracking abundance

Posted on May 21, 2014

EXSTORM’s discrete-event simulation work continues to illuminate the behaviour of Local Energy Markets (LEMs), and of how free peer-to-peer markets (with energy prices set mutually between households or small businesses, in real time) work with different kinds of trading heuristic. Here we have a view of a day’s trading in a LEM, with posted-price trading […]

Early EXSTORM results: performance of Generalized Derivative Follower price setting

Early EXSTORM results: performance of Generalized Derivative Follower price setting

Posted on Apr 21, 2014

The EXSTORM project is starting to deliver results. We’ve been running full-scale in silico simulations of local energy market trading, and testing the viability of different trading heuristics. For example, we’ve put a good deal of work into the possibilities of posted-price trading, and the various heuristics for setting offer-to-sell prices and buy-limit prices. We […]

Community energy and local markets

Community energy and local markets

Posted on Apr 8, 2014

 Pressure is mounting to improve the environmental credentials of our energy supply – and electricity is often taken as the place to start.  The number of community energy projects grows, and with good reason, for local generation and increased consumption can reduce transmission and distribution losses, as well as disrupting the business of the major […]

Apples

Apples

Posted on Nov 11, 2013

Apples. There’s a lot of them about at the moment, but where do you buy yours? Do you buy them from the “Big Five” – Asda, Morrisons, Sainsbury, Tesco and Waitrose? Or do you shop at your small local shop or do you perhaps collect your apples from your neighbour with plenty and make a […]