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

05/06/2023
by   Louise Sadoine, et al.
0

We propose two market designs for the optimal day-ahead scheduling of energy exchanges within renewable energy communities. The first one implements a cooperative demand side management scheme inside a community where members objectives are coupled through grid tariffs, whereas the second allows in addition the valuation of excess generation in the community and on the retail market. Both designs are formulated as centralized optimization problems first, and as non cooperative games then. In the latter case, the existence and efficiency of the corresponding (Generalized) Nash Equilibria are rigorously studied and proven, and distributed implementations of iterative solution algorithms for finding these equilibria are proposed, with proofs of convergence. The models are tested on a use-case made by 55 members with PV generation, storage and flexible appliances, and compared with a benchmark situation where members act individually (situation without community). We compute the global REC costs and individual bills, inefficiencies of the decentralized models compared to the centralized optima, as well as technical indices such as self-consumption ratio, self-sufficiency ratio, and peak-to-average ratio.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
04/24/2019

On Optimal Battery Sizing for Households Participating in Demand-Side Management Schemes

The smart grid with its two-way communication and bi-directional power l...
research
09/09/2020

Allocation of locally generated electricity in renewable energy communities

This paper introduces a methodology to perform an ex-post allocation of ...
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
12/02/2020

Mechanism Design for Demand Management in Energy Communities

We consider a demand management problem of an energy community, in which...
research
04/12/2021

A Distributed and Resilient Bargaining Game for Weather-Predictive Microgrid Energy Cooperation

A bargaining game is investigated for cooperative energy management in m...
research
03/02/2021

Social Profit Optimization with Demand Response Management in Electricity Market: A Multi-timescale Leader-following Approach

In the electricity market, it is quite common that the market participan...

Please sign up or login with your details

Forgot password? Click here to reset