Search results for "Electricity pricing"

showing 5 items of 5 documents

Investigation of design strategies and quantification of energy flexibility in buildings: A case-study in southern Italy

2021

Abstract The need for nearly (net) zero energy buildings in the current European landscape does not merely refer to energy balances: the aim to investigate the interaction between generation and load and find sources of technical-economic energy efficiency is marking the rise in interest throughout research and practice of energy flexibility solutions in buildings. In this regard, the study aims at enhancing the energy flexibility of a building in southern Italy through Rule-Based Control algorithms for the control of the space heating system and the charge and discharge of an electricity storage. The influence of electricity pricing and the thermal comfort conditions on flexibility is also…

Flexibility (engineering)Zero-energy buildingComputer scienceElectricity pricing0211 other engineering and technologiesBuilding model02 engineering and technologyBuilding and ConstructionTRNSYSEnvironmental economicsBuilding designEnergy storageEnergy flexible buildings Energy flexibility Rule based control Key performance indicatorsMechanics of Materials021105 building & constructionArchitecture021108 energySafety Risk Reliability and QualityCivil and Structural EngineeringEfficient energy useJournal of Building Engineering
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Impacts of electricity pricing on techno-economic performance of photovoltaic-battery centered microgrid

2021

The energy management technique in a microgrid, plays very crucial role for making it more economic viable during the electricity energy pricing dynamics. It is vital to investigate the impact of e...

Battery (electricity)Energy pricingVDP::Teknologi: 500::Miljøteknologi: 610Renewable Energy Sustainability and the Environmentbusiness.industryEnergy management020209 energyPhotovoltaic systemElectricity pricingEnergy Engineering and Power TechnologyTechno economic02 engineering and technologyEnvironmental economicsFuel Technology020401 chemical engineeringNuclear Energy and Engineering0202 electrical engineering electronic engineering information engineeringEconomicsElectricityMicrogrid0204 chemical engineeringbusinessEnergy Sources, Part A: Recovery, Utilization, and Environmental Effects
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Decentralized on-site optimization of a battery storage system using one-way communication

2015

Intermittent renewable energy sources (e.g. wind, solar energy systems) have been providing an exponentially growing share of electricity generation. Due to their highly transient and stochastic nature, they pose substantial challenges for power grid operation. Power dispatched from these sources are uncontrolled and do not necessarily coincide with demand; this in turn affects power quality. Hence, extensive demand side management (DSM) is required. DSM relies on flexible loads as well as energy storage facilities. Furthermore, renewable power generation is by its very nature highly distributed and consists of large numbers of small units. These have a substantial effect on traditional pow…

Battery (electricity)Stand-alone power systemEngineeringElectricity generationbusiness.industryDistributed generationElectricity pricingIntermittent energy sourceElectrical engineeringbusinessEnergy storageRenewable energyReliability engineering
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Optimal pricing strategies in real-time electricity pricing environments: An Italian case study

2015

The energy market has changed radically over the last decade, mainly due to an increased penetration of renewable energies. Now the end users have directly access to the energy market and can actively take part to the electricity market. Electricity customers can indeed modify their behavior through Demand Response (DR), namely by means of pricing strategies that support a change in the end-users habits. This can be accomplished through a 'loads aggregator', a third party that collects the requests and signals for Active Demand-based services coming from the markets and the different power system participants. This paper describes a new framework able to optimally select the real-time prici…

Operations researchComputer scienceElectricity pricingcomputer.software_genreEnergy management power system economics power system planning energy consumptionNews aggregatorSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaDemand responsePricing strategiesVariable pricingElectricity marketEnergy marketElectricity retailingcomputer2015 International Conference on Clean Electrical Power (ICCEP)
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A simple operation strategy of battery storage systems under dynamic electricity pricing: An Italian case study for a medium-scale public facility

2014

In the electricity market, wholesale energy prices depend on the balance between energy production and load demand. In the last few years, electricity market has become more and more flexible as many utilities have started to replace the fixed retail prices schemes with prices changing during the day. Dynamic pricing, also known as Real-Time Pricing (RTP), reflects the trend of the wholesale market and allows to reduce the volatility of the wholesale prices, also contributing to a reduction of demand peaks. Electricity customers take advantage of dynamic pricing by shifting their consumption according to the real-time prices or by using Battery Energy Storage Systems (BESS) to shift electri…

business.industryElectricity pricingSpot marketoptimal operationEnvironmental economicsload shiftingSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaMicroeconomicsStand-alone power systemDynamic pricingElectricity marketBusinessElectricityVolatility (finance)Electricity retailingreal-time electricity priceBattery energy storage system3rd Renewable Power Generation Conference (RPG 2014)
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