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Assessing the value of demand response in microgrids

dc.contributor.authorGomes, Isaías
dc.contributor.authorMelício, Rui
dc.contributor.authorMendes, Victor
dc.date.accessioned2021-05-31T10:04:33Z
dc.date.available2021-05-31T10:04:33Z
dc.date.issued2021-05-22
dc.description.abstractThis paper presents a computer application to assist in decisions about sustainability enhancement due to the effect of shifting demand from less favorable periods to periods that are more convenient for the operation of a microgrid. Specifically, assessing how the decisions affect the eco nomic participation of the aggregating agent of the microgrid bidding in an electricity day-ahead market. The aggregating agent must manage microturbines, wind systems, photovoltaic systems, energy storage systems, and loads, facing load uncertainty and further uncertainties due to the use of renewable sources of energy and participation in the day-ahead market. These uncertainties can not be removed from the decision making, and, therefore, require proper formulation, and the proposed approach customizes a stochastic programming problem for this operation. Case studies show that under these uncertainties and the shifting of demand to convenient periods, there are opportunities to make decisions that lead to significant enhancements of the expected profit. These enhancements are due to better bidding in the day-ahead market and shifting energy consumption in periods of favorable market prices for exporting energy. Through the case studies it is concluded that the proposed approach is useful for the operation of a microgrid.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationGOMES, Isaías; MELÍCIO, Rui; MENDES, Victor M. F. – Assessing the value of demand response in microgrids. Sustainability. ISSN 2071-1050. Vol. 13, N.º 11 (2021), pp. 1-16pt_PT
dc.identifier.doi10.3390/su13115848pt_PT
dc.identifier.issn2071-1050
dc.identifier.urihttp://hdl.handle.net/10400.21/13396
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relationUIDB/04683/2020 - FCT under the ICT (Institute of Earth Sciences) projectpt_PT
dc.relationUIDB/50022/2020 - FCT under the LAETA projectpt_PT
dc.relationUIDB/04131/2020 - FCT under the CISE Projectpt_PT
dc.relationUIDP/04131/2020 - FCT under the CISE Projectpt_PT
dc.subjectMicrogridpt_PT
dc.subjectDemand responsept_PT
dc.subjectStochastic programmingpt_PT
dc.subjectEnergy managementpt_PT
dc.subjectRenewable energypt_PT
dc.titleAssessing the value of demand response in microgridspt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage16pt_PT
oaire.citation.issue11pt_PT
oaire.citation.startPage1pt_PT
oaire.citation.titleSustainabilitypt_PT
oaire.citation.volume13pt_PT
person.familyNameGomes
person.familyNameMendes
person.givenNameIsaías
person.givenNameVictor
person.identifier.ciencia-id9A16-51D0-5AF9
person.identifier.orcid0000-0003-3110-6644
person.identifier.orcid0000-0002-4599-477X
person.identifier.ridD-2332-2012
person.identifier.scopus-author-id57188648074
person.identifier.scopus-author-id55138675600
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication104a0c6b-46e6-423f-8fe8-3edc1a2406dc
relation.isAuthorOfPublicationa86b9291-f23c-4f09-83d7-9ee691696705
relation.isAuthorOfPublication.latestForDiscovery104a0c6b-46e6-423f-8fe8-3edc1a2406dc

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