Allocation of locally generated electricity in renewable energy communities

09/09/2020
by   Miguel Manuel de Villena, et al.
0

This paper introduces a methodology to perform an ex-post allocation of locally generated electricity among the members of a renewable energy community. Such an ex-post allocation takes place in a settlement phase where the financial exchanges of the community are based on the production and consumption profiles of each member. The proposed methodology consists of an optimisation framework which (i) minimises the sum of individual electricity costs of the community members, and (ii) can enforce minimum self-sufficiency rates –proportion of electricity consumption covered by local production– on each member, enhancing the economic gains of some of them. The latter capability aims to ensure that members receive enough incentives to participate in the renewable energy community. This framework is designed so as to provide a practical approach that is ready to use by community managers, which is compliant with current legislation on renewable energy communities. It computes a set of optimal repartition keys, which represent the percentage of total local production given to each member – one key per metering period per member. These keys are computed based on an initial set of keys provided in the simulation, which are typically contractual i.e., agreed upon between the member and the manager the renewable energy community. This methodology is tested in a broad range of scenarios, illustrating its ability to optimise the operational costs of a renewable energy community.

READ FULL TEXT

page 1

page 6

research
05/06/2023

Valuing the Electricity Produced Locally in Renewable Energy Communities through Noncooperative Resources Scheduling Games

We propose two market designs for the optimal day-ahead scheduling of en...
research
10/12/2020

A New Cooperative Framework for a Fair and Cost-Optimal Allocation of Resources within a Low Voltage Electricity Community

This paper presents an original collaborative framework for power exchan...
research
05/17/2019

Quartierstrom – Implementation of a real world prosumer centric local energy market in Walenstadt, Switzerland

Prosumers in many regions are facing reduced feed-in tariffs and current...
research
06/10/2020

An Artificial Intelligence Solution for Electricity Procurement in Forward Markets

Retailers and major consumers of electricity generally purchase a critic...
research
02/26/2022

Sustainability using Renewable Electricity (SuRE) towards NetZero Emissions

Demand for energy has increased significantly across the globe due to in...
research
04/22/2022

Constructing dynamic residential energy lifestyles using Latent Dirichlet Allocation

The rapid expansion of Advanced Meter Infrastructure (AMI) has dramatica...
research
09/06/2022

Towards a Recommender System for Profiling Users in a Renewable Energetic Community

Current Energy systems located in almost all nations are going through a...

Please sign up or login with your details

Forgot password? Click here to reset