Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages

Detalhes bibliográficos
Autor(a) principal: Silva, Cátia
Data de Publicação: 2019
Outros Autores: Faria, Pedro, Vale, Zita
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.22/14923
Resumo: The need for new business models to replace existing ones, soon obsolete, is a subject often discussed among researchers in the area. It is essential to find a practical solution that includes the concepts of demand response and distributed generation in the energy markets, these being the future of the electricity grid. It is believed that these resources can bring advantages to the operation of the system, namely increasing technical efficiency. However, one of the problems is the aggregation of small resources as a result of the associated uncertainties. The authors propose a business model with three main phases used in planning: optimal scheduling, aggregation, and remuneration. In this paper, a new phase was added, the classification, with the main purpose of assisting the aggregator of these small resources in operating situations. The focus is on the fair remuneration of participants in the management of the market, in addition to minimizing operating costs. After testing four different remuneration methods, it was proved that the method proposed by the authors obtained better results, proving the viability of the proposed model.
id RCAP_d903411c972f5487556588fbe2f9705d
oai_identifier_str oai:recipp.ipp.pt:10400.22/14923
network_acronym_str RCAP
network_name_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository_id_str 7160
spelling Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation StagesClassificationDemand responseRemunerationEnergy marketThe need for new business models to replace existing ones, soon obsolete, is a subject often discussed among researchers in the area. It is essential to find a practical solution that includes the concepts of demand response and distributed generation in the energy markets, these being the future of the electricity grid. It is believed that these resources can bring advantages to the operation of the system, namely increasing technical efficiency. However, one of the problems is the aggregation of small resources as a result of the associated uncertainties. The authors propose a business model with three main phases used in planning: optimal scheduling, aggregation, and remuneration. In this paper, a new phase was added, the classification, with the main purpose of assisting the aggregator of these small resources in operating situations. The focus is on the fair remuneration of participants in the management of the market, in addition to minimizing operating costs. After testing four different remuneration methods, it was proved that the method proposed by the authors obtained better results, proving the viability of the proposed model.The present work was done and funded in the scope of the following projects: European Union's Horizon 2020 project DOMINOES (grant agreement No 771066), and UID/EEA/00760/2019 funded by FEDER Funds through COMPETE program and by National Funds through FCT.MDPIRepositório Científico do Instituto Politécnico do PortoSilva, CátiaFaria, PedroVale, Zita2019-11-22T13:26:17Z20192019-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.22/14923eng10.3390/en12142721info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-13T12:58:34Zoai:recipp.ipp.pt:10400.22/14923Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:34:43.658803Repositório 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 Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages
title Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages
spellingShingle Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages
Silva, Cátia
Classification
Demand response
Remuneration
Energy market
title_short Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages
title_full Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages
title_fullStr Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages
title_full_unstemmed Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages
title_sort Demand Response and Distributed Generation Remuneration Approach Considering Planning and Operation Stages
author Silva, Cátia
author_facet Silva, Cátia
Faria, Pedro
Vale, Zita
author_role author
author2 Faria, Pedro
Vale, Zita
author2_role author
author
dc.contributor.none.fl_str_mv Repositório Científico do Instituto Politécnico do Porto
dc.contributor.author.fl_str_mv Silva, Cátia
Faria, Pedro
Vale, Zita
dc.subject.por.fl_str_mv Classification
Demand response
Remuneration
Energy market
topic Classification
Demand response
Remuneration
Energy market
description The need for new business models to replace existing ones, soon obsolete, is a subject often discussed among researchers in the area. It is essential to find a practical solution that includes the concepts of demand response and distributed generation in the energy markets, these being the future of the electricity grid. It is believed that these resources can bring advantages to the operation of the system, namely increasing technical efficiency. However, one of the problems is the aggregation of small resources as a result of the associated uncertainties. The authors propose a business model with three main phases used in planning: optimal scheduling, aggregation, and remuneration. In this paper, a new phase was added, the classification, with the main purpose of assisting the aggregator of these small resources in operating situations. The focus is on the fair remuneration of participants in the management of the market, in addition to minimizing operating costs. After testing four different remuneration methods, it was proved that the method proposed by the authors obtained better results, proving the viability of the proposed model.
publishDate 2019
dc.date.none.fl_str_mv 2019-11-22T13:26:17Z
2019
2019-01-01T00:00:00Z
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 http://hdl.handle.net/10400.22/14923
url http://hdl.handle.net/10400.22/14923
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.3390/en12142721
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv MDPI
publisher.none.fl_str_mv MDPI
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
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
_version_ 1799131438865448960