Local economic dispatch with local renewable generation and flexible load management

Agustin A.Sanchez De La Nieta; Madeleine Gibescu; Xue Wang; Meng Song; Eric Jensen; Arshad Saleem; Bernt Bremdal; Iliana Ilieva

doi:10.1109/SEST.2018.8495823

Local economic dispatch with local renewable generation and flexible load management

Agustin A.Sanchez De La Nieta
, Madeleine Gibescu
, Xue Wang
, Meng Song
, Eric Jensen
, Arshad Saleem
, Bernt Bremdal
, Iliana Ilieva

Electrical Energy Systems

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

9 Citations (Scopus)

Abstract

This paper presents a new local economic dispatch composed of local renewable energy sources, flexible and non-flexible residential loads, in combination with a retail market. The developed model is based on a two-stage stochastic mixed-integer programming model, whose objective function minimizes the operational costs of the local energy community. The mathematical formulation is composed of three blocks of constraints such as cost, balance and flexibility constraints. The main decisions are the energy bought from the retail market, the flexible amount of residential load to be increased or decreased in each scheduling period, and the excess of generation from the prosumers to be injected into the network and sold in the retail market. A case study covering a day-ahead time frame with 24 hours of operation and residential end users quantifies the various cost components related to energy consumption, local generation and flexibility.

Original language	English
Title of host publication	2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings
Place of Publication	Piscataway
Publisher	Institute of Electrical and Electronics Engineers
Number of pages	6
ISBN (Electronic)	978-1-5386-5326-5
ISBN (Print)	978-1-5386-5327-2
DOIs	https://doi.org/10.1109/SEST.2018.8495823
Publication status	Published - 17 Oct 2018
Event	1st International Conference on Smart Energy Systems and Technologies, SEST 2018 - Sevilla, Spain Duration: 10 Sept 2018 → 12 Sept 2018

Conference

Conference	1st International Conference on Smart Energy Systems and Technologies, SEST 2018
Country/Territory	Spain
City	Sevilla
Period	10/09/18 → 12/09/18

Keywords

Flexible load management
local economic dispatch
local energy system
local renewable energy sources
prosumers

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1109/SEST.2018.8495823

Cite this

De La Nieta, A. A. S., Gibescu, M., Wang, X., Song, M., Jensen, E., Saleem, A., Bremdal, B., & Ilieva, I. (2018). Local economic dispatch with local renewable generation and flexible load management. In 2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings Article 8495823 Institute of Electrical and Electronics Engineers. https://doi.org/10.1109/SEST.2018.8495823

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title = "Local economic dispatch with local renewable generation and flexible load management",

abstract = "This paper presents a new local economic dispatch composed of local renewable energy sources, flexible and non-flexible residential loads, in combination with a retail market. The developed model is based on a two-stage stochastic mixed-integer programming model, whose objective function minimizes the operational costs of the local energy community. The mathematical formulation is composed of three blocks of constraints such as cost, balance and flexibility constraints. The main decisions are the energy bought from the retail market, the flexible amount of residential load to be increased or decreased in each scheduling period, and the excess of generation from the prosumers to be injected into the network and sold in the retail market. A case study covering a day-ahead time frame with 24 hours of operation and residential end users quantifies the various cost components related to energy consumption, local generation and flexibility.",

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De La Nieta, AAS, Gibescu, M, Wang, X, Song, M, Jensen, E, Saleem, A, Bremdal, B & Ilieva, I 2018, Local economic dispatch with local renewable generation and flexible load management. in 2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings., 8495823, Institute of Electrical and Electronics Engineers, Piscataway, 1st International Conference on Smart Energy Systems and Technologies, SEST 2018, Sevilla, Spain, 10/09/18. https://doi.org/10.1109/SEST.2018.8495823

Local economic dispatch with local renewable generation and flexible load management. / De La Nieta, Agustin A.Sanchez; Gibescu, Madeleine; Wang, Xue et al.
2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings. Piscataway: Institute of Electrical and Electronics Engineers, 2018. 8495823.

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

TY - GEN

T1 - Local economic dispatch with local renewable generation and flexible load management

AU - De La Nieta, Agustin A.Sanchez

AU - Gibescu, Madeleine

AU - Wang, Xue

AU - Song, Meng

AU - Jensen, Eric

AU - Saleem, Arshad

AU - Bremdal, Bernt

AU - Ilieva, Iliana

PY - 2018/10/17

Y1 - 2018/10/17

N2 - This paper presents a new local economic dispatch composed of local renewable energy sources, flexible and non-flexible residential loads, in combination with a retail market. The developed model is based on a two-stage stochastic mixed-integer programming model, whose objective function minimizes the operational costs of the local energy community. The mathematical formulation is composed of three blocks of constraints such as cost, balance and flexibility constraints. The main decisions are the energy bought from the retail market, the flexible amount of residential load to be increased or decreased in each scheduling period, and the excess of generation from the prosumers to be injected into the network and sold in the retail market. A case study covering a day-ahead time frame with 24 hours of operation and residential end users quantifies the various cost components related to energy consumption, local generation and flexibility.

AB - This paper presents a new local economic dispatch composed of local renewable energy sources, flexible and non-flexible residential loads, in combination with a retail market. The developed model is based on a two-stage stochastic mixed-integer programming model, whose objective function minimizes the operational costs of the local energy community. The mathematical formulation is composed of three blocks of constraints such as cost, balance and flexibility constraints. The main decisions are the energy bought from the retail market, the flexible amount of residential load to be increased or decreased in each scheduling period, and the excess of generation from the prosumers to be injected into the network and sold in the retail market. A case study covering a day-ahead time frame with 24 hours of operation and residential end users quantifies the various cost components related to energy consumption, local generation and flexibility.

KW - Flexible load management

KW - local economic dispatch

KW - local energy system

KW - local renewable energy sources

KW - prosumers

UR - https://www.scopus.com/pages/publications/85056537353

U2 - 10.1109/SEST.2018.8495823

DO - 10.1109/SEST.2018.8495823

M3 - Conference contribution

AN - SCOPUS:85056537353

SN - 978-1-5386-5327-2

BT - 2018 International Conference on Smart Energy Systems and Technologies, SEST 2018 - Proceedings

PB - Institute of Electrical and Electronics Engineers

CY - Piscataway

T2 - 1st International Conference on Smart Energy Systems and Technologies, SEST 2018

Y2 - 10 September 2018 through 12 September 2018

ER -

Local economic dispatch with local renewable generation and flexible load management

Abstract

Conference

Keywords

UN SDGs

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