Designing a new procedure for participation of prosumers in day-ahead local flexibility market

Ostovar, Sara; Moeini‐Aghtaie, Moein; Hadi, Mohammad

doi:10.1016/j.ijepes.2022.108694

Cited by 7 publications

(3 citation statements)

References 39 publications

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“…In addition, the power demand estimates as well as the possibility of conductor icing and storms that could compromise the system's operational reliability are important. These can be viewed as the concepts guiding the improvements and innovations made to the flexibility channel [40][41][42].…”

Section: The F-channel Platformmentioning

confidence: 99%

A Flexibility Platform for Managing Outages and Ensuring the Power System’s Resilience during Extreme Weather Conditions

Zafeiropoulou,

Sijakovic,

Zarkovic

et al. 2023

Processes

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It is challenging for the European power system to exactly predict RES output and match energy production with demand due to changes in wind and sun intensity and the unavoidable disruptions caused by severe weather conditions. Therefore, in order to address the so-called “flexibility challenge” and implement the variable RES production, the European Union needs flexible solutions. In order to accommodate quicker reactions, compared to those performed today, and the adaptive exploitation of flexibility, grid operators must adjust their operational business model, as the electrical grid transitions from a fully centralized to a largely decentralized system. OneNet aspires to complete this crucial step by setting up a new generation of grid services that can fully utilize distributed generation, storage, and demand responses while also guaranteeing fair, open, and transparent conditions for the consumer. Using AI methods and a cloud-computing approach, the current work anticipates that active management of the power system for TSO–DSO coordination will be improved by the web-based client-server application F-channel. In the current work, a user’s experience with the platform for a Business Use Case (BUC) under the scenario of severe weather conditions is presented. The current work aims to increase the reliability of outage and maintenance plans for the system operators (SOs) by granting them a more accurate insight into the conditions under which the system may be forced to operate in the upcoming period and the challenges that it might face based on those conditions. In this way, the methodology applied in this case could, via AI-driven data exchange and analyses, help SOs change the maintenance and outage plans so the potential grave consequences for the system can be avoided. The SOs will have accurate forecasts of the relevant weather parameters at their disposal that will be used in order to achieve the set targets. The main results of the presented work are that it has a major contribution to the optimal allocation of the available resources, ensures the voltage and frequency stability of the system, and provides an early warning for hazardous power system regimes.

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Section: The F-channel Platformmentioning

confidence: 99%

A Flexibility Platform for Managing Outages and Ensuring the Power System’s Resilience during Extreme Weather Conditions

Zafeiropoulou,

Sijakovic,

Zarkovic

et al. 2023

Processes

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“…Prosumers as the ancillary service providers and their role in the enhancement of power system flexibility were studied in [33][34][35][36]. Fasoranti M. et al [37] and Rücker F. et al [35] discussed the standards of the smart grid and its features, such as the sufficiency of demand response, distributed automation, the promotion of household e-vehicle charging, the obligation for energy storage, and smart metering systems.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Despite the development of prosumer-related institutions, which is a specific evolution to the green transition and power system decentralization, prosumerism could have a significant impact not only on the increase in its share but also on the condition of prosumers' power market integration. To this end, in many developed energy markets, flexibility mechanisms are introduced in both the retail (aggregators at the local flexibility markets) and wholesale (organized) sectors through market-based platforms, in particular, the day-ahead flexibility market mechanism [36]. Sufficient price incentives and diminishing barriers are the keys to participating in such sectors for aggregated prosumers.…”

Section: The Role Of Power Market Market Integration and Barriersmentioning

confidence: 99%

Support for Household Prosumers in the Early Stages of Power Market Decentralization in Ukraine

Zhou,

Pysmenna,

Kubatko

et al. 2023

Energies

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This paper aims to reconsider prosumers’ role in the power markets in the early stages of their decentralization, accounting for rising self-supply trends, security threats, and economic and regulatory barriers. The development of prosumerism envisages finding the ratio between retail market sales under the feed-in tariff and the net billing mechanism. Within the methodology section, the indicator of prosumer efficiency for electricity generation (EUR/kWh) is proposed based on average consumption/production ratios and consumption/delivery incentives. To support household prosumers, the mentioned incentives on the renewable energy market consider the self-supply cost of electricity, the levelized cost of electricity for small-scale green energy facilities (solar photovoltaic and wind), and transaction costs. This paper evaluates prosumer efficiency under three consumption/production ratio scenarios for Ukrainian households (self-consumption of 40%, 20%, and 100% of green electricity annually generated by a household and selling the leftovers via the feed-in tariff) for 2023. The gradual movement from fixed tariffs for households toward market-based prices promotes the emergence of new related market players and their consolidation in the market. Participation in the organized power market segments is relevant for day-ahead market prices above 130 EUR/MWh, disregarding the households’ tariff rate. The low price caps inhibit the prosumer’s participation in the market, while the transition from the feed-in tariff to net billing significantly promotes their development only under high price caps.

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Fraudulent balancing operation strategy for multi-agent P2P electricity trading considering neighborhood scene public energy storage

Dong,

Su,

Zhao

et al. 2024

Applied Energy

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Designing a new procedure for participation of prosumers in day-ahead local flexibility market

Cited by 7 publications

References 39 publications

A Flexibility Platform for Managing Outages and Ensuring the Power System’s Resilience during Extreme Weather Conditions

A Flexibility Platform for Managing Outages and Ensuring the Power System’s Resilience during Extreme Weather Conditions

Support for Household Prosumers in the Early Stages of Power Market Decentralization in Ukraine

Fraudulent balancing operation strategy for multi-agent P2P electricity trading considering neighborhood scene public energy storage

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