The European Union advocates for legislative support to local energy communities. Measures include the promotion of dynamic energy allocation and discriminatory electricity tariffs such as the recent Spanish framework. However, the impact of these normative changes is not yet evaluated. This paper inquires into the impact of dynamic allocation coefficient and different electricity tariffs on the profitability of local energy communities. To do so, a linear optimisation model is developed and applied to real consumer data in Spain around a variable capacity photovoltaic generation plant. Comparing the economic performance of the static or variable power allocation under the effect of changing electricity tariffs. While both measures are beneficial, the new electricity tariffs result in larger profitability increases than the planned variable coefficients. The combination of measures allows for profitability improvements of up to 25% being complementary measures. However, installations that maximise the potential for electricity generation are still not as profitable due to the low purchase price of surplus energy. While discriminatory electricity price tariffs and variable allocation coefficients are positive measures, further measures are needed for these communities to install generation plants as large as the potential that each case allows.
Renewable energy sources such as PV solar or wind power are intermittent and non-dispatchable. Massive integration of these resources into the electric mix poses some challenges to meeting power generation with demand. Hence, improving power generation forecasting has raised much interest. This work assesses the market value of enhanced PV solar power generation forecasting. Then, we analyse the different agents present in the electricity system. We link the studied agents to the proposed market values based on both analyses. Improving the accuracy of RES forecasting has massive potential as the sector grows and new agents arise. It can have reactive values like reducing imbalances or proactive values such as participating in intraday markets or exercising energy arbitrage. However, accurate forecasting can also lead to opportunistic values that can be exploited by malicious agents if they are not adequately regulated.
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