Economics of Energy Storage in a Residential Consumer Context

• Tipo: Artigo em Livro de Atas de Conferência Internacional
• Data: 2016

Autores

Metz, D (Autor) Outra; João Tomé Saraiva (Autor) FEUP

Ata de Conferência Internacional

Título: 2016 13th International Conference on the European Energy Market (EEM)

Indexação

ISI Web of Knowledge - 0 Citações

Scopus - 1 Citação

Outras Informações

ID Authenticus: P-00K-WVB

DOI: 10.1109/eem.2016.7521204

Abstract (EN): With the increase of electricity tariffs and the decreasing costs for distributed generation technologies, more and more residential consumers are deploying local generation systems to satisfy their electricity demand in order to reduce overall cost. Typically, however, a mismatch between electricity generation and demand remains. Storage systems enable consumers to reduce this mismatch by storing locally generated electricity for later consumption, instead of feeding excess generation into the grid. This paper analyzes the economics of storage installations in a residential consumer context. A linear program is presented to determine the optimal dispatch, and Simulated Annealing is used to identify the cost minimizing system configuration. The developed approach is tested for a multi-family house in Germany.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 5