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Keyword: Distributed Energy ResourcesAn Aggregation Model for Energy Resources Management and Market Negotiations
Currently the use of distributed energy resources, especially renewable generation, and demand response programs are widely discussed in scientific contexts, since they are a reality in nowadays electricity markets and distribution networks. In order to benefit from these concepts, an efficient energy management system is needed to prevent energy wasting and increase profits. In this…
Read MoreCooperative Game Theory for Grid Service Pricing: A Utility-Centric Approach
This study presents a novel alternative to traditional Net Energy Metering (NEM) by proposing a set of innovative pricing schemes for solar customers participating in utility-led grid service programs through the aggregation of Distributed Energy Resources (DERs). Grounded in cooperative game theory, the proposed framework facilitates equitable and efficient value allocation among key stakeholders, namely…
Read MoreOptimal Engagement of Residential Battery Storage to Alleviate Grid Upgrades Caused by EVs and Solar Systems
The integration of distributed energy resources has ushered in a host of complex challenges, significantly impacting power quality in distribution networks. This work studies these challenges, exploring issues such as voltage fluctuations and escalating power losses caused by the integration of solar systems and electric vehicle (EV) chargers. We present a robust methodology focused on…
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