Challenges and Prospects of Negawatt Trading in Light of Recent Technological Developments

With the advancement of the smart grid, the current energy system is moving towards a future where people can buy what they need, sell when they have excess, and can trade the right of buying to other prosumers. While the first two schemes already exist in the market, selling the right of buying, also known as negawatt trading, is something that is yet to be implemented. Here, we review the challenges and prospects of negawatt trading in light of recent technological advancements. Through review...