Renewable energy technologies on the path towards decentralized low-carbon energy systems

Abstract

Renewable energy technologies (RET) that emerged as a result of the shift towards the renewable energy sources (RES) which aims at setting the path towards decentralized low-carbon energy systems intended for tackling global warming are becoming key elements of the smart grids of the future. Our paper applies the economic, social and technological model of the renewable energy platforms to the energy markets of the 21st century. The paper analyses the growing importance of the individual players (prosumers) on the energy market, especially when it comes to the renewable energy generation and trading. It shows that modern advanced information and communication technologies enabled the energy prosumers to trade their energy and information in two-way flows. All of these might be important for the transition towards sustainable economy and green technology.