Future Prospects for Local Energy Markets: Lessons from the Cornwall LEM

Rachel Bray, Bridget Woodman, Emily Judson

Research output: Book/ReportBook

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Abstract

The Cornwall Local Energy Market was a four year trial (2016-2020) jointly funded by the European Regional Development Fund and Centrica. The aim was to unlock network capacity through intelligent management of supply and demand in constrained areas of the distribution network in Cornwall. This was achieved by installing a range of renewable and storage devices in homes and businesses and setting up an online trading platform to allow the Distribution Network Operator to purchase flexibility services from participants.
Original languageEnglish
Place of PublicationExeter
Number of pages42
Publication statusPublished - 17 Dec 2020

Keywords

  • local energy markets
  • distribution networks
  • DSO
  • Ofgem
  • BEIS
  • flexibility
  • electricity trading
  • policy
  • renewables
  • net-zero

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