This paper deals with the optimal home energy management problem faced by a smart prosumer equipped with PV panels and storage systems. The stochastic programming framework is adopted with the aim of explicitly accounting for the inherent uncertainty affecting the main problem parameters (i.e....

This paper deals with the optimal home energy management problem faced by a smart prosumer equipped with PV panels and storage systems. The stochastic programming framework is adopted with the aim of explicitly accounting for the inherent uncertainty affecting the main problem parameters (i.e....

Solar and wind power are now cheaper than fossil fuels but are intermittent. The extra supply-side variability implies growing benefits of using real-time retail pricing (RTP). We evaluate the potential gains of RTP using a model that jointly solves investment, supply, storage, and demand to...

The potential to reschedule part of the electricity demand in energy systems is seen as a significant opportunity to improve the efficiency of the systems, especially on remote and isolated systems. From the supply point of view, that flexibility might bring significant improvements to the...

Demand side management (DSM) can be defined as modifications in the demand side energy consumption pattern to foster better efficiency and operations in electrical energy systems. DSM activities, which are classified into “energy efficiency (EE)” and “demand response (DR)” are becoming...

The high penetration of both Distributed Energy Resources (DER) and Demand Response (DR) in modern power systems requires a sequence of advanced strategies and technologies for maintaining system reliability and flexibility. Real-time electricity markets (RTM) are the non-discriminatory...

The present study uses the DHW (domestic hot water) electric backup from solar thermal systems to optimize the total electricity dispatch of an isolated mini-grid. The proposed approach estimates the hourly DHW load, and proposes and simulates different DR (demand response) strategies, from the...

This paper proposes a novel approach for distributed energy resource (DER) expansion planning from investors' viewpoint based on a combination of dynamic programming algorithm and game theory. An innovative framework is proposed in this paper to consider different aspects of distributed energy...

A transition to a decentralised, decarbonised energy system for the domestic sector is constrained by the difficulty of obtaining energy balance between fluctuating demand and the intermittent, non-dispatchable power supply delivered by most renewables. A microgrid system including a mix of...

Ireland is currently striving to achieve an ambitious target of supplying 40% of electricity demand with renewable energy by 2020. With the vast majority of this being met by wind energy, an intermittent and non-dispatchable energy source, it is inevitable that frequent substantial curtailment...