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Designing Pareto optimal electricity retail rates when utility customers are prosumers

Andrea Saumweber, Lars Wederhake, Gonçalo Cardoso, Gilbert Fridgen, Miguel Heleno
2021 Energy Policy  
We propose a novel ratemaking method that formalizes the problem of designing retail rates as a multi-criteria optimization problem and accounts for prosumer reactions through a simulation-based optimization  ...  Prevalent ratemaking methods may not deliver retail rates that are optimal for multiple objectives when customers are prosumers.  ...  We gratefully acknowledge the Luxembourg National Research Fund (FNR) and Pay-Pal for their support of the PEARL project "P17/IS/13342933/PayPal-FNR/Chair in DFS/Gilbert Fridgen" that made this paper possible  ... 
doi:10.1016/j.enpol.2021.112339 fatcat:2c3xe7nwb5ei3a3o6m5ajvnd24

Modelling and assessing the impact of the DSO remuneration strategy on its interaction with electricity users

Miguel Manuel de Villena, Axel Gautier, Damien Ernst, Mevludin Glavic, Raphael Fonteneau
2021 International Journal of Electrical Power & Energy Systems  
The different remuneration strategies analysed in this paper include notably new distribution tariffs based on individual peak power consumption and time-dependent rates that are contingent on the time  ...  A B S T R A C T This paper presents a simulation-based methodology for assessing the impact of employing different distribution system operator's remuneration strategies on the economic sustainability  ...  The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.  ... 
doi:10.1016/j.ijepes.2020.106585 fatcat:4sdxqoyxczbkvc37apjp7em56u

Policies for Prosumer Business Models in the EU

D. Brown, M. Ehrtmann, L. Holstenkamp, S. Hall, M. Davis
2020 Zenodo  
In this report, we argue that one of the best ways to address these interrelated challenges is through emerging 'prosumer business models'.  ...  Prosumers – who both consume and produce renewable energy (RES) and actively modulate their demand – are now a significant feature of energy systems.  ...  Figure 1 ) has been the dominant business model for prosumerism in the EU to date.  ... 
doi:10.5281/zenodo.3798923 fatcat:c5j3skqwdbgcvp6iroxsaqlxpu

Controlling Supervised Industry 4.0 Processes through Logic Rules and Tensor Deformation Functions

Borja Bordel, Ramón Alcarria, Tomás Robles
2021 Informatica  
At prosumer level, processes are represented using soft models where logic rules and deformation indicators are used to analyse the correctness of executions.  ...  followed, but also in other future engineered applications.  ...  calculated in the prosumer layer.  ... 
doi:10.15388/20-infor441 fatcat:4oetvmd2bzgrlgioc27pwhkypi

The effect of consumers' ethnocentric attitudes on their willingness for prosumption

Agnieszka Izabela Baruk
2019 Heliyon  
One group exclusively included people who showed willingness for active participation in the creation of a marketing offer for native products. This was the most homogenous group.  ...  The article aims to define the role of the ethnocentric attitude of purchasers in their integration with offerors through prosumption. It is of a theoretical and empirical nature.  ...  This means that there are digital prosumers (Rayna and Striukova, 2016; Dusi, 2016) , non-digital prosumers and prosumers functioning in both environments.  ... 
doi:10.1016/j.heliyon.2019.e02015 pmid:31321327 pmcid:PMC6612526 fatcat:3f7ol7alizeelchzlwi656oy64

Surplus Power Tariffs. Boosting renewable investment through fair remuneration

K. Petrick
2021 Zenodo  
This paper explains why standardised tariffs for renewable energy generation should continue to play a central role in energy policy.  ...  To achieve a good business case, (joint) self-consumption and energy sharing or further efforts like the provision of systems services will be required.  ...  The introduction of renewables creates a different composition of cost components (e.g. variable costs for fuels will decrease while costs for flexibility will increase) and hence the corresponding costs  ... 
doi:10.5281/zenodo.4568675 fatcat:jxp43idtqvbd7hrst3wmeyp6b4

Peer-to-Peer Trading in Electricity Networks: An Overview [article]

Wayes Tushar, Tapan K. Saha, Chau Yuen, David Smith, H. Vincent Poor
2020 arXiv   pre-print
Peer-to-peer trading is a next-generation energy management technique that economically benefits proactive consumers (prosumers) transacting their energy as goods and services.  ...  By doing so, we provide an overview of the key features of peer-to-peer trading and its benefits of relevance to the grid and prosumers.  ...  A demonstration of a community-based market is shown in Fig. 3 . 3) Composite market: A composite market is essentially a combination of fully decentralized and community-based markets in which each community  ... 
arXiv:2001.06882v1 fatcat:gsqgn42ktbhnza2wlafc6naoly

Power Flow Management and Control of Energy Storage System for Electric Vehicles in Smart Girds

Adel Abou El-Ela, Dina Gado, Tamer Fetouh, Arafa Mansour, Sahar Moussa
2021 ERJ. Engineering Research Journal  
The simulation of a Vehicle-to-Grid (V2G) System is chosen as a case study in this paper to execute simulations. The methodology is based on plug-in hybrid electric vehicles (PHEVs).  ...  Electric vehicles (EVs) have a huge development, which lead to decrease the fuel consumptions, emissions, and help in keeping the environment clean but, this development has an impact on distribution systems  ...  Recently, EVs have contributed toward grid support in SG. EVs operate in two modes: (a) Consumers and (b) Prosumers.  ... 
doi:10.21608/erjm.2021.60370.1079 fatcat:cfl7rjbw4rbanditjov76g62ka

Prosumers' Engagement in Business Process Innovation – The Case of Poland and the UK

2019 Interdisciplinary Journal of Information, Knowledge, and Management  
Second, it investigates the differences between Poland- and UK-based prosumers in engagement in business process.  ...  Prosumers in Poland are found to engage mostly in the business process of developing and managing products, whereas prosumers in the UK engage mostly in the business process of managing customer services  ...  while the differences between Poland-and UK-based prosumers in engaging in improving consumer service is only 1.4%.  ... 
doi:10.28945/4320 fatcat:26tkxe4dqzhw3n5w7kpw2xurlm

Design of Marketplaces for Smart Manufacturing Services

Mohsen Moghaddam, Albert Jones, Thorsten Wuest
2019 Procedia Manufacturing  
The future of manufacturing depends on the successful implementation of two terms: cyber-physical systems (CPS) and microservices.  ...  Second, those micro-services can be viewed as building-blocks for creating on-demand, complex, custom processes that address the specific needs of users.  ...  The role of such a marketplace will be to govern the process of service discovery, composition, and matching in a decentralized fashion [29] and based on optimal rules and policies rather than a centralized  ... 
doi:10.1016/j.promfg.2020.01.312 fatcat:h7kcnu2ndfg45okq5x2zrebsti

Intelligent Electric Power Management System for Economic Maximization in a Residential Prosumer Unit

William F. Ceccon, Roberto Z. Freire, Anderson L. Szejka, Osiris Canciglieri
2021 IEEE Access  
ACKNOWLEDGMENT The authors would like to thank Força Forte and the Pontifical Catholic University of Parana for financial support to develop this research.  ...  for forecasting climate variables for the next period ( + 1) is based on historical data.  ...  COMPOSITION OF DELAY PROBABILITY OF OCCURRENCE FUNCTION The rules that make up the daily Probability of Occurrence Function ( ) for each load are called heuristics.  ... 
doi:10.1109/access.2021.3068751 fatcat:xg4hnlqebzfkfkeunwaevk4fmu

An Ambient Intelligence Framework for End-User Service Provisioning in a Hospital Pharmacy: a Case Study

Diego Martín, Ramón Alcarria, Álvaro Sánchez-Picot, Tomás Robles
2015 Journal of medical systems  
This paper presents an ambient intelligence (AmI) environment for Enduser service provisioning in the pharmacy department of Gregorio Marañón Hospital in Madrid, composed of a drug traceability infrastructure  ...  End-user development is a new trend to provide tailored services to dynamic environments such as hospitals.  ...  We also thank the pharmacy staff of the Gregorio Marañón Hospital of Madrid for their valuable contribution.  ... 
doi:10.1007/s10916-015-0298-z pmid:26286317 pmcid:PMC4540754 fatcat:npghdnhafbdlxlaid45mlcp4ru

Future Challenges and Mitigation Methods for High Photovoltaic Penetration: A Survey

Temitayo Olowu, Aditya Sundararajan, Masood Moghaddami, Arif Sarwat
2018 Energies  
the smart grid architecture, and the impact power electronic-based smart inverters.  ...  , proliferation of plug-in hybrid electric vehicles (PHEVs), possible eclipse events, big data issues and environmental impacts.  ...  Most prosumers in the TE environment would have rooftop PV systems. The TE framework would encourage the proliferation of prosumers which would consequently increase the level of PV penetration.  ... 
doi:10.3390/en11071782 fatcat:kwoxkzl2rjajrar4ameoeqkibu

From Service-Oriented Architectures to Nature-Inspired Pervasive Service Ecosystems

Franco Zambonelli, Mirko Viroli
2010 Workshop From Objects to Agents  
We argue that this naturally calls for a nature-inspired approach, in which pervasive services are modeled and deployed as autonomous individuals in an ecosystem of other services, data sources, and pervasive  ...  Emerging pervasive computing scenarios require open service frameworks promoting situated adaptive behaviors and supporting diversity in services and long-term evolvability.  ...  At the top level, prosumers access the open service framework for using/consuming data or services, as well as for producing and deploying in the framework new services and new data components or for making  ... 
dblp:conf/woa/ZambonelliV10 fatcat:awz73tqgwzeddcuu4yvwpm6k4e

Early Identification of Potential Distributed Ledger Technology Business Cases Using e3value Models [chapter]

Geert Poels, Fadime Kaya, Michaël Verdonck, Jaap Gordijn
2019 Lecture Notes in Computer Science  
As a test, the e 3 value model fragment is subsequently applied to a second case-study that is currently being implemented as a DLT-based platform.  ...  The paper concludes by reflecting on how an e 3 value model can provide evidence of meeting the requirements for building a sustainable DLT business case.  ...  Indirectly, consumers and prosumers pay for transmission and distribution services via the bills paid to suppliers.  ... 
doi:10.1007/978-3-030-34146-6_7 fatcat:v3p4iiozvvehtmuilg6jeog3ou
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