Introduction of an approach to develop dynamic electricity prices for residential customers

Freier, Julia; Arnold, Mark; Hesselbach, Jens

doi:10.1109/eem.2019.8916431

2019 16th International Conference on the European Energy Market (EEM) 2019

DOI: 10.1109/eem.2019.8916431

|View full text |Cite

Introduction of an approach to develop dynamic electricity prices for residential customers

Julia Freier

Mark Arnold

Jens Hesselbach

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2022

Publication Types

Select...

Article1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

On the Importance of Grid Tariff Designs in Local Energy Markets

Schreck

Sudhoff²,

Thiem³

et al. 2022

Energies

View full text Add to dashboard Cite

Local Energy Markets (LEMs) were recently proposed as a measure to coordinate an increasing amount of distributed energy resources on a distribution grid level. A variety of market models for LEMs are currently being discussed; however, a consistent analysis of various proposed grid tariff designs is missing. We address this gap by formulating a linear optimization-based market matching algorithm capable of modeling a variation of grid tariff designs. A comprehensive simulative study is performed for yearly simulations of a rural, semiurban, and urban grids in Germany, focusing on electric vehicles, heat pumps, battery storage, and photovoltaics in residential and commercial buildings. We compare energy-based grid tariffs with constant, topology-dependent and time-variable cost components and power-based tariffs to a benchmark case. The results show that grid tariffs with power fees show a significantly higher potential for the reduction of peak demand and feed-in (30–64%) than energy fee-based tariffs (8–49%). Additionally, we show that energy-based grid tariffs do not value the flexibility of assets such as electric vehicles compared to inflexible loads. A postprocessing of market results valuing the reduction of power peaks is proposed, enabling a compensation for the usage of asset flexibility.

show abstract

On the Importance of Grid Tariff Designs in Local Energy Markets

Schreck

Sudhoff²,

Thiem³

et al. 2022

Energies

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

Introduction of an approach to develop dynamic electricity prices for residential customers

Cited by 1 publication

References 0 publications

On the Importance of Grid Tariff Designs in Local Energy Markets

On the Importance of Grid Tariff Designs in Local Energy Markets

Contact Info

Product

Resources

About