Community Energy Markets with Battery Energy Storage Systems: A General Modeling with Applications

This study investigates the role of integrated photovoltaic and energy storage systems in facilitating the net-zero transition for both governments and consumers. A bi-level planning model is proposed to address the challenges encountered by existing power supply systems in meeting the escalating electricity demands. In the upper level, governments provide incentives to users through subsidies for photovoltaic power generation, energy storage system installations, and electricity procurement. Meanwhile, at the lower level, load requirements are optimized, and costs are minimized by integrating solar power generation, battery energy storage, and electricity procurement. To effectively address these complexities, a hybrid physics-inspired algorithm for bi-level programming is utilized for iterative problem solving. The findings indicate that relying on photovoltaic output during peak load periods and conducting small electricity purchases, while storing excess electricity, proves to be an efficient approach. This model offers a cost-effective solution for managing energy consumption, mitigating potential power shortages, and reducing frequent outages. Furthermore, this research contributes to a comprehensive understanding of the net-zero transition and its implications for power supply systems. Specifically, it highlights the significance of integrated photovoltaic and energy storage systems in assisting businesses with specific energy storage planning, determining optimal charging and discharging schedules, and considering government subsidies.

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Modern Use of Prosumer Energy Regulation Capabilities for the Provision of Microgrid Flexibility Services

Ostrowska

Sikorski

Burgio³

et al. 2023

Energies

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Due to the prospect of climate change and the challenges posed by the European Union to the modern power grid, a decentralized system based on distributed energy sources is being created from a centralized system based on utility power. It also involves new ideas on the operation and management of power grids, especially at the level of low-voltage distribution networks, where prosumers play a special role. In addition to the transformation of sources to renewables, the aim is to increase the flexibility of power grids by exploiting the regulatory potential of flexible grid components. The issue of grid flexibility assumes particular importance in the case of microgrids and local grids covered by the energy communities. Many posts describe the realization of the task of flexibility through energy storage, e.g., storing storage resources in electric vehicles or the use of energy transformation through conversion to heat, air compression air, or process cooling. However, there seems to be a lack of exploration of the topic, where the photovoltaic inverter could provide a flexible energy source while maintaining the rigor of power quality. This article presents current developments in low-voltage grids and the prospect of using prosumer installations to provide grid flexibility and stability.

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Community Energy Markets with Battery Energy Storage Systems: A General Modeling with Applications

Cited by 5 publications

References 26 publications

Energy Allocation of the Community Energy Storage System: A Contribution-Based Incentive Mechanism

Energy Allocation of the Community Energy Storage System: A Contribution-Based Incentive Mechanism

Evaluating the Role of Integrated Photovoltaic and Energy Storage Systems in the Net-Zero Transition: A Case Study in Taiwan

Modern Use of Prosumer Energy Regulation Capabilities for the Provision of Microgrid Flexibility Services

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