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Price-maker optimal planning and operation of distributed energy resources

descriptionPublicationkeyboard_double_arrow_right Conference object , Research , Part of book or chapter of book , Article 01 Jun 2016 Spain Publisher:IEEEJournal:2016 13th International Conference on the European Energy Market (EEM)

Authors: Calvillo, Christian; Sánchez Miralles, Alvaro; Villar Collado, José;

doi: 10.1109/eem.2016.7521222

handle: 11531/11706

Price-maker optimal planning and operation of distributed energy resources

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Abstract

This paper proposes a linear programming problem to find the optimal planning and operation of aggregated distributed energy resources (DER), managed by an aggregator that participates in the day-ahead wholesale electricity market as a price-maker agent. The proposed model analyzes the impact of the size of the aggregated resources and gives the optimal planning and management of DER systems, and the corresponding energy transactions in the wholesale day-ahead market. The results suggest that when the aggregated resources are large enough, DER systems can achieve up to 32% extra economic benefits depending on the market share, compared with a business-as-usual approach (not implementing DER systems). info:eu-repo/semantics/draft

Country

Spain

Related Organizations

Comillas Pontifical University
Spain
Comillas Pontifical University
Spain

Keywords

Instituto de Investigación Tecnológica (IIT)

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