2022
Autores
Moreno, A; Villar, J; Gouveia, CS; Mello, J; Rocha, R;
Publicação
International Conference on the European Energy Market, EEM
Abstract
Building renewable energy communities (REC) involves investments on generation facilities (such as PV panels), technologies to provide flexibility (such as batteries), management platforms and ICT systems, as well as integrating other flexibility sources such as thermal storage or electric vehicles. The way investments are made by the REC's members and other third parties is in close relationship with the governance models of the REC in terms of energy, flexibility and costs and benefits sharing, which, in the end, constitute the overall REC's business model. This works provides a revision of the main financing mechanisms to invest on and build a REC, and of the associated governance and business models that result from the investments mechanisms selected and its implications on its day by day operation. © 2022 IEEE.
2022
Autores
Rocha, R; Retorta, F; Mello, J; Silva, R; Gouveia, C; Villar, J;
Publicação
TECHNOLOGIES, MARKETS AND POLICIES: BRINGING TOGETHER ECONOMICS AND ENGINEERING
Abstract
This paper proposes an energy community management system for local energy sharing with grid flexibility services to solve the potential grid constraints of the local distribution network. A three-stage model is proposed. Stage 1 is the individual minimization of the energy bill of each prosumer by optimizing the schedules of its battery. The second stage optimizes the energy bill of the energy community by sharing internally the prosumers energy surplus and re-dispatching their batteries, while guaranteeing that each new individual prosumer energy bill is always equal or less than its stage 1 bill. The third stage is performed by the DSO to solve the grid constraints by re-dispatching the batteries, curtailing local generation or reducing consumption. Stage 3 minimizes the impact on stage 2 by minimizing the loss of profit or utility of every prosumer which is compensated accordingly.
2022
Autores
Mendonça, M; Mantilla, V; Patela, J; Silva, V; Resende, F;
Publicação
Renewable Energy and Environmental Sustainability
Abstract
2022
Autores
Fernandes, R; Soares, I;
Publicação
ENERGIES
Abstract
In this paper, for the data set of the Iberian Electricity Market for the period 1 January 2015 to 30 June 2019, 19 different models are considered from econometrics, statistics, and artificial intelligence to explain how electricity markets work. This survey allows us to obtain a more complete, critical view of the most cited models. The machine learning models appear to be very good at selecting the best explanatory variables for the price. They provide an interesting insight into how much the price depends on each variable under a nonlinear perspective. Notwithstanding, it might be necessary to make the results understandable. Both the autoregressive models and the linear regression models can provide clear explanations for each explanatory variable, with special attention given to GARCHX and LASSO regression, which provide a cleaner linear result by removing variables that have a minimal linear impact.
2022
Autores
Vahid-Ghavidel M.; Javadi S.; Gough M.; Javadi M.S.; Santos S.F.; Shafie-Khah M.; Catalão J.P.S.;
Publicação
Technologies for Integrated Energy Systems and Networks
Abstract
Energy storage is an important element of an energy system. In the power system, energy storage can be defined as a component that can be employed to generate a form of energy or utilize previously stored energy at different locations or times when it is required. Energy storage can enhance the stability of the grid, increase the reliability and efficiency of integrated systems that include renewable energy resources, and can also reduce emissions. A diverse set of storage technologies are currently utilized for the energy storage systems (ESSs) in a varied set of projects. This chapter provides information about the current ESS projects around the world and emphasizes the leading countries that are developing the applications of ESSs. The main categories of ESSs are explained in this chapter as follows: electrochemical, electromechanical, electromagnetic, and thermal storage. Moreover, the energy storage technologies are utilized in power grids for various reasons such as electricity supply capacity, electric energy time-shifting, on-site power, electric supply reserve capacity, frequency regulation, voltage support, and electricity bill management. Additionally, by integrating the various energy forms and developing the concept of multi-energy systems, ESSs become a fundamental component for the efficient operation of multi-energy systems. The main role of ESSs in multi-energy systems is to compensate for the fluctuations in power output from renewable energy resources. Moreover, the performance of the multi-energy system increases when it got integrated with an ESS. In this chapter, the applied ESS technologies in the context of the multi-energy systems are presented and explained.
2022
Autores
Gough, MB; Santos, SF; AlSkaif, T; Javadi, MS; Castro, R; Catalao, JPS;
Publicação
IEEE TRANSACTIONS ON INDUSTRIAL INFORMATICS
Abstract
The use of data from residential smart meters can help in the management and control of distribution grids. This provides significant benefits to electricity retailers as well as distribution system operators but raises important questions related to the privacy of consumers' information. In this article, an innovative differential privacy (DP) compliant algorithm is developed to ensure that the data from consumer's smart meters are protected. The effects of this novel algorithm on the operation of the distribution grid are thoroughly investigated not only from a consumer's electricity bill point of view but also from a power systems point of view. This method allows for an empirical investigation into the losses, power quality issues, and extra costs that such a privacy-preserving mechanism may introduce to the system. In addition, severalcost allocation mechanisms based on the cooperative game theory are used to ensure that the extra costs are divided among the participants in a fair, efficient, and equitable manner. Overall, the comprehensive results show that the approach provides privacy preservation in line with the consumer's preferences and does not lead to significant cost or loss increases for the energy retailer. In addition, the novel algorithm is computationally efficient and performs very well with a large number of consumers, thus demonstrating its scalability.
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