Assessing the effectiveness of decision making frameworks in local energy systems

Maziar Yazdani Damavandi; Nilufar Neyestani; Miadreza Shafie-khah; Gianfranco Chicco; João P.S. Catalão

doi:10.1109/MPS.2017.7974462

Assessing the effectiveness of decision making frameworks in local energy systems

Maziar Yazdani Damavandi, Nilufar Neyestani, Miadreza Shafie-khah, Gianfranco Chicco, João P.S. Catalão

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

Abstract

This paper investigates the effectiveness of using different decision-making frameworks in local energy systems (LES) through the assessment of the long-term equilibrium of energy players. For this purpose, the energy system is modelled through two levels of multi-energy player (MEP) and LES, coupled by energy price signals. The conflict between the decision-making of these two levels of players is modelled through a bi-level approach. A mathematical problem with equilibrium constraint is formulated by applying the duality theory, resorting to a linear representation of the constraints. The solution is found by using the CPLEX12 solver. The numerical results show the characteristics of the MEP behaviour in different energy aggregation modes for the LES, with centralised management or uniform pricing. The MEP may find benefits from possible synergies among the LES due to availability of energy carriers with complementary characteristics.

Original language	English
Title of host publication	International Conference on Modern Power Systems (MPS)
Pages	1-6
Number of pages	6
ISBN (Electronic)	978-1-5090-6565-3
DOIs	https://doi.org/10.1109/MPS.2017.7974462
Publication status	Published - 13 Jul 2017
Externally published	Yes
Event	2017 International Conference on Modern Power Systems (MPS) - Cluj-Napoca, Romania Duration: 6 Jun 2017 → 9 Jun 2017

Conference

Conference	2017 International Conference on Modern Power Systems (MPS)
Country/Territory	Romania
City	Cluj-Napoca
Period	6/06/17 → 9/06/17

Keywords

Mathematical model
Linear programming
Decision making
Energy resources
Indexes
Computational modeling
Energy exchange

Access to Document

10.1109/MPS.2017.7974462

Cite this

@inproceedings{e8f51678aa1c48e4a6d99733aeef4bc6,

title = "Assessing the effectiveness of decision making frameworks in local energy systems",

abstract = "This paper investigates the effectiveness of using different decision-making frameworks in local energy systems (LES) through the assessment of the long-term equilibrium of energy players. For this purpose, the energy system is modelled through two levels of multi-energy player (MEP) and LES, coupled by energy price signals. The conflict between the decision-making of these two levels of players is modelled through a bi-level approach. A mathematical problem with equilibrium constraint is formulated by applying the duality theory, resorting to a linear representation of the constraints. The solution is found by using the CPLEX12 solver. The numerical results show the characteristics of the MEP behaviour in different energy aggregation modes for the LES, with centralised management or uniform pricing. The MEP may find benefits from possible synergies among the LES due to availability of energy carriers with complementary characteristics.",

keywords = "Mathematical model, Linear programming, Decision making, Energy resources, Indexes, Computational modeling, Energy exchange",

author = "Damavandi, {Maziar Yazdani} and Nilufar Neyestani and Miadreza Shafie-khah and Gianfranco Chicco and Catal{\~a}o, {Jo{\~a}o P.S.}",

year = "2017",

month = jul,

day = "13",

doi = "10.1109/MPS.2017.7974462",

language = "English",

pages = "1--6",

booktitle = "International Conference on Modern Power Systems (MPS)",

note = "2017 International Conference on Modern Power Systems (MPS) ; Conference date: 06-06-2017 Through 09-06-2017",

}

Damavandi, MY, Neyestani, N, Shafie-khah, M, Chicco, G & Catalão, JPS 2017, Assessing the effectiveness of decision making frameworks in local energy systems. in International Conference on Modern Power Systems (MPS)., 7974462, pp. 1-6, 2017 International Conference on Modern Power Systems (MPS), Cluj-Napoca, Romania, 6/06/17. https://doi.org/10.1109/MPS.2017.7974462

TY - GEN

T1 - Assessing the effectiveness of decision making frameworks in local energy systems

AU - Damavandi, Maziar Yazdani

AU - Neyestani, Nilufar

AU - Shafie-khah, Miadreza

AU - Chicco, Gianfranco

AU - Catalão, João P.S.

PY - 2017/7/13

Y1 - 2017/7/13

N2 - This paper investigates the effectiveness of using different decision-making frameworks in local energy systems (LES) through the assessment of the long-term equilibrium of energy players. For this purpose, the energy system is modelled through two levels of multi-energy player (MEP) and LES, coupled by energy price signals. The conflict between the decision-making of these two levels of players is modelled through a bi-level approach. A mathematical problem with equilibrium constraint is formulated by applying the duality theory, resorting to a linear representation of the constraints. The solution is found by using the CPLEX12 solver. The numerical results show the characteristics of the MEP behaviour in different energy aggregation modes for the LES, with centralised management or uniform pricing. The MEP may find benefits from possible synergies among the LES due to availability of energy carriers with complementary characteristics.

AB - This paper investigates the effectiveness of using different decision-making frameworks in local energy systems (LES) through the assessment of the long-term equilibrium of energy players. For this purpose, the energy system is modelled through two levels of multi-energy player (MEP) and LES, coupled by energy price signals. The conflict between the decision-making of these two levels of players is modelled through a bi-level approach. A mathematical problem with equilibrium constraint is formulated by applying the duality theory, resorting to a linear representation of the constraints. The solution is found by using the CPLEX12 solver. The numerical results show the characteristics of the MEP behaviour in different energy aggregation modes for the LES, with centralised management or uniform pricing. The MEP may find benefits from possible synergies among the LES due to availability of energy carriers with complementary characteristics.

KW - Mathematical model

KW - Linear programming

KW - Decision making

KW - Energy resources

KW - Indexes

KW - Computational modeling

KW - Energy exchange

U2 - 10.1109/MPS.2017.7974462

DO - 10.1109/MPS.2017.7974462

M3 - Conference contribution

SP - 1

EP - 6

BT - International Conference on Modern Power Systems (MPS)

T2 - 2017 International Conference on Modern Power Systems (MPS)

Y2 - 6 June 2017 through 9 June 2017

ER -

Assessing the effectiveness of decision making frameworks in local energy systems

Abstract

Conference

Keywords

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Cite this