2024
Authors
Rodrigues, L; Mello, J; Ganesan, K; Silva, R; Villar, J;
Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024
Abstract
The integration of renewable generation requires new sources of flexibility, including the flexibility from distributed resources that can be unlocked via local flexibility markets (LFMs). In these markets, aggregators (AGGs) offer the flexibility from their portfolios to the flexibility requesting parties (FRP), i.e. system operators or other balancing requesting parties. To bid in LFMs and manage market uncertainty, AGGs must compute the flexibility they are willing to offer at each possible flexibility market price, by optimizing their portfolios. This paper proposes a 2-stage methodology to compute the flexibility bidding curve that an energy community can send to a LFM when behaving as an AGG of its members resources. At stage 1, the energy community (EC) manager computes the optimal EC operation without flexibility provision, minimizing the EC energy bill, and serving as the baseline to verify the flexibility provision. Then, at stage 2, for each possible flexibility price, the EC manager computes the optimal flexibility to be offered, minimizing the EC energy bill but including the flexibility provision incomes, to build the flexibility bidding curve.
2024
Authors
Moreno, A; Villar, J; Macedo, P; Silva, R; Bayo, S; Bessa, R;
Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024
Abstract
The deployment of energy communities (EC) will foster new business models contributing to the decentralization and democratization of energy access and a reduction in the energy bill of final consumers. This decentralization is only possible if investments are made in production and storage technologies, that must be installed near the locals of consumption, according to common rules of the regulatory frameworks of EC. In this paper we propose a methodology for the optimal sizing of production and shared storage assets, and we assess the cost reduction of considering shared storage assets. We then formulate seven business models (BM) that dictate how to share this benefit among the EC members, and we propose two indicators to assess them. Results show the difficulty in choosing a BM as well as the limitations of the BM and of the indicators.
2024
Authors
Benedicto, P; Silva, R; Gouveia, C;
Publication
2024 IEEE 22nd Mediterranean Electrotechnical Conference, MELECON 2024
Abstract
Microgrids are poised to become the building blocks of the future control architecture of electric power systems. As the number of controllable points in the system grows exponentially, traditional control and optimization algorithms become inappropriate for the required operation time frameworks. Reinforcement learning has emerged as a potential alternative to carry out the real-time dispatching of distributed energy resources. This paper applies one of the continuous action-space algorithms, proximal policy optimization, to the optimal dispatch of a battery in a grid-connected microgrid. Our simulations show that, though suboptimal, RL presents some advantages over traditional optimization setups. Firstly, it can avoid the use of forecast data and presents a lower computational burden, therefore allowing for implementation in distributed control devices. © 2024 IEEE.
The access to the final selection minute is only available to applicants.
Please check the confirmation e-mail of your application to obtain the access code.