Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/11328/4425 https://doi.org/10.1016/j.scs.2022.103747 |
Resumo: | This paper presents a pool trading model within a local energy community considering home energy management systems (HEMSs) and other consumers. A transparent mechanism for market clearing is proposed to incentivise active prosumers to trade their surplus energy within a rule-based pool market in the local energy community. A price-based demand response program (PBDRP) is considered to increase the consumers’ willingness to modify their consumption. The mathematical optimization problem is a standard mixed-integer linear programming (MILP) problem to allow for rapid assessment of the trading market for real energy communities which have a considerable number of consumers. This allows for novel energy trading strategies amongst different clients in the model and for the integration of a pool energy trading model at the level of the local energy community. The objective function of the energy community is to minimize the overall bills of all participants while fulfilling their demands. Two different scenarios have been evaluated, independent and integrated operation modes, to show the impacts of coordination amongst different end-users. Results show that through cooperation, end-users in the local energy community market can reduce the total electricity bill. This is shown in a 16.63% cost reduction in the independent operation and a 21.38% reduction in the integrated case. Revenues for active consumers under coordination increased compared to independent operation of the HEMS. |
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Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systemsHome energy management systemLocal energy communityTime of use tariffThis paper presents a pool trading model within a local energy community considering home energy management systems (HEMSs) and other consumers. A transparent mechanism for market clearing is proposed to incentivise active prosumers to trade their surplus energy within a rule-based pool market in the local energy community. A price-based demand response program (PBDRP) is considered to increase the consumers’ willingness to modify their consumption. The mathematical optimization problem is a standard mixed-integer linear programming (MILP) problem to allow for rapid assessment of the trading market for real energy communities which have a considerable number of consumers. This allows for novel energy trading strategies amongst different clients in the model and for the integration of a pool energy trading model at the level of the local energy community. The objective function of the energy community is to minimize the overall bills of all participants while fulfilling their demands. Two different scenarios have been evaluated, independent and integrated operation modes, to show the impacts of coordination amongst different end-users. Results show that through cooperation, end-users in the local energy community market can reduce the total electricity bill. This is shown in a 16.63% cost reduction in the independent operation and a 21.38% reduction in the integrated case. Revenues for active consumers under coordination increased compared to independent operation of the HEMS.Elsevier2022-09-06T09:47:22Z2022-09-062022-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfJavadi, M. S., Gough, M., Nezhad, A. E., Santos, S. F., Shafie-khah, M., Catalão, J. P. S. (2022). Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems. Sustainable Cities and Society, 79(103747), 1-11. https://doi.org/10.1016/j.scs.2022.103747. Repositório Institucional UPT. http://hdl.handle.net/11328/4425http://hdl.handle.net/11328/4425Javadi, M. S., Gough, M., Nezhad, A. E., Santos, S. F., Shafie-khah, M., Catalão, J. P. S. (2022). Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems. Sustainable Cities and Society, 79(103747), 1-11. https://doi.org/10.1016/j.scs.2022.103747. Repositório Institucional UPT. http://hdl.handle.net/11328/4425http://hdl.handle.net/11328/4425https://doi.org/10.1016/j.scs.2022.103747eng2210-6707 (Print)2210-6715 (Electronic)http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessJavadi, Mohammad SadeghGough, MatthewNezhad, Ali EsmaeelSantos, Sérgio F.Shafie-khah, MiadrezaCatalão, Joao P. S.reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-16T02:09:44Zoai:repositorio.upt.pt:11328/4425Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:40:33.532151Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems |
title |
Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems |
spellingShingle |
Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems Javadi, Mohammad Sadegh Home energy management system Local energy community Time of use tariff |
title_short |
Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems |
title_full |
Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems |
title_fullStr |
Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems |
title_full_unstemmed |
Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems |
title_sort |
Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems |
author |
Javadi, Mohammad Sadegh |
author_facet |
Javadi, Mohammad Sadegh Gough, Matthew Nezhad, Ali Esmaeel Santos, Sérgio F. Shafie-khah, Miadreza Catalão, Joao P. S. |
author_role |
author |
author2 |
Gough, Matthew Nezhad, Ali Esmaeel Santos, Sérgio F. Shafie-khah, Miadreza Catalão, Joao P. S. |
author2_role |
author author author author author |
dc.contributor.author.fl_str_mv |
Javadi, Mohammad Sadegh Gough, Matthew Nezhad, Ali Esmaeel Santos, Sérgio F. Shafie-khah, Miadreza Catalão, Joao P. S. |
dc.subject.por.fl_str_mv |
Home energy management system Local energy community Time of use tariff |
topic |
Home energy management system Local energy community Time of use tariff |
description |
This paper presents a pool trading model within a local energy community considering home energy management systems (HEMSs) and other consumers. A transparent mechanism for market clearing is proposed to incentivise active prosumers to trade their surplus energy within a rule-based pool market in the local energy community. A price-based demand response program (PBDRP) is considered to increase the consumers’ willingness to modify their consumption. The mathematical optimization problem is a standard mixed-integer linear programming (MILP) problem to allow for rapid assessment of the trading market for real energy communities which have a considerable number of consumers. This allows for novel energy trading strategies amongst different clients in the model and for the integration of a pool energy trading model at the level of the local energy community. The objective function of the energy community is to minimize the overall bills of all participants while fulfilling their demands. Two different scenarios have been evaluated, independent and integrated operation modes, to show the impacts of coordination amongst different end-users. Results show that through cooperation, end-users in the local energy community market can reduce the total electricity bill. This is shown in a 16.63% cost reduction in the independent operation and a 21.38% reduction in the integrated case. Revenues for active consumers under coordination increased compared to independent operation of the HEMS. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-09-06T09:47:22Z 2022-09-06 2022-04-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
Javadi, M. S., Gough, M., Nezhad, A. E., Santos, S. F., Shafie-khah, M., Catalão, J. P. S. (2022). Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems. Sustainable Cities and Society, 79(103747), 1-11. https://doi.org/10.1016/j.scs.2022.103747. Repositório Institucional UPT. http://hdl.handle.net/11328/4425 http://hdl.handle.net/11328/4425 Javadi, M. S., Gough, M., Nezhad, A. E., Santos, S. F., Shafie-khah, M., Catalão, J. P. S. (2022). Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems. Sustainable Cities and Society, 79(103747), 1-11. https://doi.org/10.1016/j.scs.2022.103747. Repositório Institucional UPT. http://hdl.handle.net/11328/4425 http://hdl.handle.net/11328/4425 https://doi.org/10.1016/j.scs.2022.103747 |
identifier_str_mv |
Javadi, M. S., Gough, M., Nezhad, A. E., Santos, S. F., Shafie-khah, M., Catalão, J. P. S. (2022). Pool trading model within a local energy community considering flexible loads, photovoltaic generation and energy storage systems. Sustainable Cities and Society, 79(103747), 1-11. https://doi.org/10.1016/j.scs.2022.103747. Repositório Institucional UPT. http://hdl.handle.net/11328/4425 |
url |
http://hdl.handle.net/11328/4425 https://doi.org/10.1016/j.scs.2022.103747 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
2210-6707 (Print) 2210-6715 (Electronic) |
dc.rights.driver.fl_str_mv |
http://creativecommons.org/licenses/by/4.0/ info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
http://creativecommons.org/licenses/by/4.0/ |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Elsevier |
publisher.none.fl_str_mv |
Elsevier |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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