2022
Autores
Oliveira A.R.D.; Navega V.; Collado J.V.; Saraiva J.T.; Campos F.A.;
Publicação
International Conference on the European Energy Market, EEM
Abstract
Fundamental electricity market models tend to underestimate the real market prices because they do not properly represent the real variable production cost of the generation units, nor the strategic markup that generation companies add to their costs to price the offered energy. This markup can increase bid prices above the marginal cost of the generation units, which may leave bids out of the market, decreasing the total cleared production, but increasing the final market price. This paper proposes a simple procedure, based on the real market outcomes, to estimate these markups and improve CEVESA MIBEL market model by reducing the gap between the simulated and the real market prices.
2022
Autores
Mello, J; Villar, J; Saraiva, JT;
Publicação
International Conference on the European Energy Market, EEM
Abstract
This paper proposes a real time Walrasian based market design for local electricity trading, considering the roles of the different players, the settlement procedures, and the necessary balance responsibilities with the wholesale market under collective self-consumption rules. A Walrasian mechanism based on consecutive auctions for very short delivery periods is proposed, where the auctioneer defines a price for each of these delivery periods to which peers react by generating and consuming accordingly and informing if they trade with the auctioneer or with their retailer or aggregator. This market has no energy purchase contracts, and energy is billed based on each peer's generation or consumption for each delivery period with the price defined by the auctioneer. © 2022 IEEE.
2022
Autores
Ribeiro F.J.; Lopes J.A.P.; Fernandes F.S.; Soares F.J.; Madureira A.G.;
Publicação
SEST 2022 - 5th International Conference on Smart Energy Systems and Technologies
Abstract
This paper investigates the contribution of hydrogen electrolysers (HEs) as highly controllable loads in the context of the Frequency Containment Reserve (FCR), in future operation scenarios on the Iberian Peninsula (IP). The research question is whether HEs can mitigate system insecurity regarding frequency or Rate of Change of Frequency (RoCoF) in critical periods of high renewable energy penetration (i.e. low system inertia), due to the fact that these periods will coincide with high volume of green hydrogen production. The proposed simulation platform for analysis consists of a simplified dynamic model developed in MATLAB/Simulink. The results obtained illustrate how HEs can outperform conventional generators on the provision of FCR. It is seen that the reference incident of 1GW loss in the IP in a 2040 low inertia scenario does not lead to insecure values of either frequency or Rate of Change of Frequency (RoCoF). On the other hand, an instantaneous loss of inverter-based resources (IBR) generation following a short-circuit may result in RoCoF violating security thresholds. The obtained results suggest that the HEs expected to be installed in the IP in 2040 may contribute to reduce RoCoF in this case, although this mitigation may be insufficient. The existing FCR mechanism does not fully exploit the fast-ramping capability of HEs; reducing measurement acquisiton delay would not improve results.
2022
Autores
Silva R.; Gouveia C.; Carvalho L.; Pereira J.;
Publicação
IEEE PES Innovative Smart Grid Technologies Conference Europe
Abstract
This paper presents a model predictive control (MPC) framework for battery energy storage systems (BESS) management considering models for battery degradation, system efficiency and V-I characteristics. The optimization framework has been tested for microgrids with different renewable generation and load mix considering several operation strategies. A comparison for one-year simulations between the proposed model and a naïve BESS model, show an increase in computation times that still allows the application of the framework for real-time control. Furthermore, a trade-off between financial revenue and reduced BESS degradation was evaluated for the yearly simulation, considering the degradation model proposed. Results show that a conservative BESS usage strategy can have a high impact on the asset's lifetime and on the expected system revenues, depending on factors such as the objective function and the degradation threshold considered.
2022
Autores
Lotfi, M; Osorio, GJ; Javadi, MS; El Moursi, MS; Monteiro, C; Catalao, JPS;
Publicação
INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS
Abstract
Traditional power grids, being highly centralized in terms of generation, economy, and operation, continually employed probabilistic methods to account for load uncertainties. In modern smart grids (SG), rapid proliferation of non-dispatchable generation (physical decentralization) and liberal markets (market decentralization) leads to dismantling of the centralized paradigm, with operation being performed by several decentralized agents. Handling uncertainty in this new paradigm is aggravated due to 1) a vastly increased number of uncertainty sources, and 2) decentralized agents only having access to local data and limited information on other parts of the grid. A major problem identified in modern and future SGs is the need for fully decentralized optimal operation techniques that are computationally efficient, highly accurate, and do not jeopardize data privacy and security of individual agents. Machine learning (ML) techniques, being successors to traditional probabilistic methods are identified as a solution to this problem. In this paper, a conceptual model is constructed for the transition from a fully centralized operation of a SG to a decentralized one, proposing the transition scheme between the two paradigms. A novel ML algorithm for fully decentralized operation is proposed, formulated, implemented, and tested. The proposed algorithm relies solely on local historical data for local agents to accurately predict their optimal control actions without knowledge of the physical system model or access to historical data of other agents. The capability of cloud-based cooperative information exchange was augmented through a new concept of s-index activation codes, being encoded vectors shared between agents to improve their operation without sharing raw information. The algorithm is tested on a modified IEEE 24-bus test system and synthetically generating historical data based on typical load profiles. A week-ahead high-resolution (15 minute) fully decentralized operation case is tested. The algorithm is shown to guarantee less than 0.1% error compared to a centralized solution and to outperform a neural network (NN). The algorithm is exceptionally accurate while being highly computationally efficient and has great potential as a versatile model for fully decentralized operation of SGs.
2022
Autores
Lotfi, M; Almeida, T; Javadi, MS; Osorio, GJ; Monteiro, C; Catalao, JPS;
Publicação
APPLIED ENERGY
Abstract
The rapid proliferation of Electric Vehicles (EVs) creates an inherent link between the previously independent transport and power sectors. This is especially relevant in the smart cities paradigm, which focuses on optimizing resource management using modern software tools and communication infrastructures. The optimal management of energy resources is of key importance, and with mobile EVs playing a pivotal role in smart city power flows, the coordination of energy management systems (EMSs) at their parking locations can bear global benefits. In this study the coordination between home energy management systems (HEMSs) and EV parking lot management systems (PLEMS) is proposed, modeled, and simulated, as a new contribution to earlier studies. The EMSs coordinate through partially sharing individual EV schedules and without sharing private information. Missing information is completed through public cloud repositories and services. The HEMS and PLEMS are implemented using mixed-integer linear programming (MILP). The proposed coordination framework is computationally implemented and simulated based on a real-life case study. The results show that the proposed EMS coordination framework is both technically beneficial for power grids and economically beneficial for EV owners.
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