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Stochastic games of end-user energy storage sharing
2016 IEEE 55th Conference on Decision and Control (CDC), 2016Deregulated electricity markets with time varying electricity prices and opportunities for consumer cost mitigation makes energy storage such as a battery an attractive proposition; users can charge the battery when prices are low and discharge the battery for activities when prices are high.
Jiyun Yao, Parv Venkitasubramaniam
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Distributed Energy Management of P2P Energy Sharing in Energy Internet Based on Cloud Energy Storage
Proceedings of the Ninth International Conference on Future Energy Systems, 2018Cloud energy storage (CES) has recently been proposed as one of the most economic saving techniques for peer-to-peer (P2P) energy sharing and coordination in energy internet. By transforming traditional consumers into self-sufficient customers and utility customers, CES enables transactions between customers and utility company, as well as among ...
Yanglin Zhou +4 more
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IoT-Based Energy Sharing Model for Sizing Storage Systems in Energy Communities
2020 6th IEEE International Energy Conference (ENERGYCon), 2020In recent years, the exploitation of weather-dependent renewable energy sources, available at distributed local sites, has led to the increased volatility of electrical energy supply. In order to compensate for the intermittent nature of renewable energy sources and remedy to possible imbalance problems on the national grids, the users of the ...
Giordano A +3 more
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Demand response for aggregated residential consumers with energy storage sharing
2015 54th IEEE Conference on Decision and Control (CDC), 2015A novel distributed algorithm is proposed in this paper for a network of consumers coupled by energy resource sharing constraints, which aims at minimizing the aggregated electricity costs. Each consumers is equipped with an energy management system that schedules the shiftable loads accounting for user preferences, while an aggregator entity ...
Kaveh Paridari +3 more
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Pricing-based energy storage sharing and virtual capacity allocation
2017 IEEE International Conference on Communications (ICC), 2017This paper develops a novel business model to enable virtual storage sharing among a group of users. Specifically, an aggregator owns a central physical storage unit and virtualizes the physical storage into separable virtual storage capacities that can be sold to users.
Dongwei Zhao +3 more
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Optimal end user energy storage sharing in demand response
2015 IEEE International Conference on Smart Grid Communications (SmartGridComm), 2015Deregulated electricity markets with time varying electricity prices and opportunities for consumer cost mitigation makes energy storage such as a battery an attractive proposition; users can charge the battery when prices are low and discharge the battery for activities when prices are high.
Jiyun Yao, Parv Venkitasubramaniam
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Applications of shared economy in smart grids: Shared energy storage and transactive energy
The Electricity Journal, 2022Meng Song +6 more
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Environmental Science and Pollution Research
With the promotion of the photovoltaic (PV) industry throughout the county, the scale of rural household PV continues to expand. However, due to the randomness of PV power generation, large-scale household PV grid connection has a serious impact on the safe and stable operation of the distribution network. Based on this background, this paper considers
Weijun, Wang, Keyi, Kang
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With the promotion of the photovoltaic (PV) industry throughout the county, the scale of rural household PV continues to expand. However, due to the randomness of PV power generation, large-scale household PV grid connection has a serious impact on the safe and stable operation of the distribution network. Based on this background, this paper considers
Weijun, Wang, Keyi, Kang
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A Smart Neighbourhood Simulation Tool for Shared Energy Storage and Exchange
2016Funding policies and legislation by the European Union for the installation of photovoltaic (PV) arrays in the residential sector have led to a steady and successful increase in renewable energy generation by small-scale private producers. In Germany, even the installation of local storage systems is being subsidised. Differing feed-in tariffs, as well
Michael Biech +4 more
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Active Demand Response Using Shared Energy Storage for Household Energy Management
IEEE Transactions on Smart Grid, 2013In a deregulated market, wholesale energy costs and distribution investment costs contribute significantly to consumers' electricity bills. However, in a low carbon electrical power system, the two cost pressure points may not be synchronous in time and space with each other.
Zhimin Wang +4 more
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