Renewable energy optimization with centralized and distributed generation

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

Researchers

Research units

  • Norwegian University of Science and Technology

Abstract

We propose optimization strategies for cooperating households with renewable energy generation and storage facilities. We consider two configurations: 1) households with shared access to an energy farm, and 2) households with their own renewable energy generator and storage device. The participants in the second configuration are allowed to exchange energy through the grid. Assuming location and time dependent electricity prices, and parametrized transfer fees, we formulate two optimization problems to minimize the energy cost incurred by the participating households in each configuration. We determine the optimal energy management strategies by solving the corresponding mathematical problems through relaxation and discretization. The proposed energy management strategies are genie-aided, and hence, they can be used to benchmark and devise online algorithms based on forecasting techniques. Finally, numerical results are provided to compare the two configurations.

Details

Original languageEnglish
Title of host publication2018 26th European Signal Processing Conference, EUSIPCO 2018
Publication statusPublished - 29 Nov 2018
MoE publication typeA4 Article in a conference publication
EventEuropean Signal Processing Conference - Rome, Italy
Duration: 3 Sep 20187 Sep 2018
Conference number: 26

Publication series

NameEuropean Signal Processing Conference
ISSN (Print)2219-5491
ISSN (Electronic)2076-1465

Conference

ConferenceEuropean Signal Processing Conference
Abbreviated titleEUSIPCO
CountryItaly
CityRome
Period03/09/201807/09/2018

    Research areas

  • Cooperation, Optimization, Renewable energy

ID: 31344197