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Scientific Article details

Title Combining real-time and fixed tariffs in the demand response aggregation and remuneration
ID_Doc 16096
Authors Silva, C; Faria, P; Vale, Z
Title Combining real-time and fixed tariffs in the demand response aggregation and remuneration
Year 2020
Published
DOI 10.1016/j.egyr.2019.08.028
Abstract The current Energy Market is not yet ready for the integration of the Smart Grid context. Concepts such as Demand Response and Distributed Generation, namely renewable energy resources, are not yet included in current business models in order to the system flow properly. Therefore, the authors propose a methodology that gathers all these concepts through the optimization, aggregation and remuneration of resources. The purpose of this paper will be to study the influence of the tariff used for the remuneration and incentive of the participants in the formation of the groups in the aggregation phase. Three studies were performed: aggregation with only the result of the optimization (schedule power for each resource); this result and the fixed tariff associated with each resource; result and a new tariff that considers real-time values. (C) 2019 Published by Elsevier Ltd.
Author Keywords Aggregation; Clustering; Distributed generation; Remuneration
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Conference Proceedings Citation Index - Science (CPCI-S)
EID WOS:000518455400018
WoS Category Energy & Fuels
Research Area Energy & Fuels
PDF https://doi.org/10.1016/j.egyr.2019.08.028
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