Increased deployment of variable renewable energy (VRE) has posed significant challenges to ensure reliable power system operations. As VRE penetration increases beyond 80%, the …
Traditional retail business models price electricity using volumetric tariffs, which charge customers for the unit of energy consumed. These tariffs were designed for passive …
In the energy strategy of the European Union, the end-user is envisioned as a key participant in the future electricity market (European Commission,[16]). Current market …
K Chen, J Lin, Y Song - Applied energy, 2019 - Elsevier
With increasing prosumers employed with flexible resources, advanced demand-side management has become of great importance. To this end, integrating demand-side flexible …
This paper proposes a two-stage stochastic optimization model to support an aggregator of prosumers in the definition of bids for the day-ahead energy and secondary reserve markets …
As the owners of distributed energy resources (DER), prosumers can actively manage their power supply and consumption and partake in new energy services. In order to enable …
Digitalization is a megatrend that affects and transforms societal, economic, and environmental processes on a global scale. Driven by a combination of technological …
Flexibility coming from consumers in residential and service sectors has received significant attention to deal with uncertainty and variability of renewable energy sources. Since these …
Y Wang, J Wang, W He - Renewable and Sustainable Energy Reviews, 2022 - Elsevier
Half of the global final energy consumption is related to heat, which accounts for 40% of global energy-related carbon emissions. Particularly in the UK, nearly 24 million end-users …