Integrated Community Energy Systems (ICESs) allow simultaneous integration of distributed energy resources (DERs) and engagement of local communities. The value of such local energy initiatives is not only impacted by local consumption patterns and weather conditions but also by the institutional settings both internal and external to the system. In this context, technologies and institutions should be aligned to ensure the emergence of ICESs. The institutional design of ICESs from technoeconomic perspective is presented to achieve economic efficiency and fairness for all the actors, as well as to ensure sustainability of these local energy initiatives.
|Title of host publication||Innovation and Disruption at the Grid's Edge|
|Subtitle of host publication||How distributed energy resources are disrupting the utility business model|
|Editors||Fereidoon P. Sioshansi|
|Publication status||Published - 2017|