2024
Authors
Fonseca, NS; Soares, F; Iria, J;
Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024
Abstract
This paper proposes a planning optimization model to help distribution system operators (DSOs) decide on the most cost-effective investments to handle the wholesale market participation of distributed energy resources (DERs). Two investment options are contemplated: market redesign; and network augmentation. The market redesign is employed through a DSO framework used to coordinate the network-secure participation of DERs in wholesale markets. Network augmentation is achieved by investing in new HV/MV OLTC and MV/LV transformers. To evaluate the performance of our planning model, we used the IEEE 69-bus network with three DER aggregators operating under different DER scenarios. Our tests show that the planning problem suggests investment decisions that can help DSOs guarantee network security. Market redesign has shown to be the most cost-effective option. However, this option is not always viable, namely in scenarios where not enough DERs are available to provide network support services. In such scenarios, hybrid investment solutions are required.
2024
Authors
Coelho, A; Soares, FJ; Iria, JP;
Publication
IEEE PES Innovative Smart Grid Technologies Europe, ISGT EUROPE 2024, Dubrovnik, Croatia, October 14-17, 2024
Abstract
As the global community transitions towards decarbonization and sustainable energy, green hydrogen is emerging as a key clean energy carrier. This paper addresses the role of hydrogen in transportation, emphasizing the European Union's additionality principle for renewable energy sources in green hydrogen production. It introduces a model for optimally designing hydrogen fueling stations, considering electrolyzers, hydrogen storage, fuel cells, PV systems, and batteries. This model also considers the participation in electricity (energy and secondary reserve), hydrogen, and oxygen markets, and it is evaluated under different additionality policy scenarios. Results indicate that stricter additionality policies reduce the internal rate of return. However, participation in secondary reserve markets significantly boosts operational revenues and compensates for higher investment costs. © 2024 IEEE.
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