EMPOWER: A network market approach for local energy trade

This paper describes the local market for trade in energy, flexibility and energy related services developed in the ongoing H2020 project, EMPOWER. It is based on a network market approach. The establishment of a local community of prosumers and consumers, inspired by Internet communities, energy cooperatives and online shopping clubs, is central to the idea. At the heart of the community the Smart Energy Service Provider (SESP) can be found. The principal entities and operations associated with the local market concept developed are explained. Some early field results described.