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13 result(s) for "virtual prosumer"
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The Possibility of Renewable Energy Development Through Prosumer Energy
This paper is devoted to the prosumer energy market. Particular attention was paid to legislative changes regarding the normative definition of a prosumer. According to the author, it is the definitional scope that sets the directions for the development of the prosumer energy market, and ultimately the entire renewable energy market.
Distributed Energy IoT-Based Real-Time Virtual Energy Prosumer Business Model for Distributed Power Resource
Smart energy technologies, services, and business models are being developed to reduce energy consumption and emissions of CO2 and greenhouse gases and to build a sustainable environment. Renewable energy is being actively developed throughout the world, and many intelligent service models related to renewable energy are being proposed. One of the representative service models is the energy prosumer. Through energy trading, the demand for renewable energy and distributed power is efficiently managed, and insufficient energy is covered through energy transaction. Moreover, various incentives can be provided, such as reduced electricity bills. However, despite such a smart service, the energy prosumer model is difficult to expand into a practical business model for application in real life. This is because the production price of renewable energy is higher than that of the actual grid, and it is difficult to accurately set the selling price, restricting the formation of the actual market between sellers and consumers. To solve this problem, this paper proposes a small-scale energy transaction model between a seller and a buyer on a peer-to-peer (P2P) basis. This model employs a virtual prosumer management system that utilizes the existing grid and realizes the power system in real time without using an energy storage system (ESS). Thus, the profits of sellers and consumers of energy transactions are maximized with an improved return on investment (ROI), and an intelligent demand management system can be established.
Framing in Renewable Energy Policies: A Glossary
The transformation of a power supply, a social-technical system suffering from a heavy lock-ins, requires structural adaptations which are extremely complex. All actors in social acceptance processes have either strong vested interests in the current system or are challenging these. In strategies developed by those actors, so-called ‘frames’ play a key role. These are biased problem definitions and mental shortcuts, tools to affect the course of decision-making processes. Examples are “clean coal”, “smart grid”, “base-load”, or “decentralized”. Framing is fundamental to political processes, including those of decision making on renewables. This review presents a glossary of significant frames used in social acceptance processes of renewables’ innovation in power supply systems. The identified frames are classified and presented with, in each entry, one significant frame discussed and analyzed in relation to its most associated frames. Overall, the contrast comes to the fore between the paradigm of the current heavy centralized and hierarchically managed power supply system, on the one hand, and the newly emerging concepts around distributed generation on the other hand. Within these two clusters and in between, certain frames are focused on issues of ownership and control of infrastructures, while others concern allocation of space for establishing infrastructure.
A Case Study on Distributed Energy Resources and Energy-Storage Systems in a Virtual Power Plant Concept: Technical Aspects
The article presents calculations and power flow of a real virtual power plant (VPP), containing a fragment of low and medium voltage distribution network. The VPP contains a hydropower plant (HPP), a photovoltaic system (PV) and energy storage system (ESS). The purpose of this article is to summarize the requirements for connection of generating units to the grid. Paper discusses the impact of the requirements on the maximum installed capacity of distributed energy resource (DER) systems and on the parameters of the energy storage unit. Firstly, a comprehensive review of VPP definitions, aims, as well as the characteristics of the investigated case study of the VPP project is presented. Then, requirements related to the regulation, protection and integration of DER and ESS with power systems are discussed. Finally, investigations related to influence of DER and ESS on power network condition are presented. One of the outcomes of the paper is the method of identifying the maximum power capacity of DER and ESS in accordance with technical network requirements. The applied method uses analytic calculations, as well as simulations using Matlab environment, combined with real measurement data. The obtained results allow the influence of the operating conditions of particular DER and ESS on power flow and voltage condition to be identified, the maximum power capacity of ESS intended for the planed VPP to be determined, as well as the influence of power control strategies implemented in a PV power plant on resources available for the planning and control of a VPP to be specified. Technical limitations of the DER and ESS are used as input conditions for the economic simulations presented in the accompanying paper, which is focused on investigations of economic efficiency.
Optimal Management of an Energy Community with PV and Battery-Energy-Storage Systems
Most of current prosumer-energy-management approaches are focused on economic optimization by self-consumption maximization. Nevertheless, a lack of energy management strategies (EMS) that tackle different interaction possibilities among community-clustered solar plus battery prosumers has been detected. Furthermore, such active prosumer EMS may include participation in ancillary service markets such as automatic frequency restoration reserves (aFRR) through an optimized battery-energy storage-system (BESS) operation, as well as incorporating community-level energy management. In this study, an optimal EMS that includes aggregated aFRR-market participation of five solar plus battery prosumers participating in an energy community (EC), with the aim of reducing total costs of ownership for each individual prosumer is proposed. For its validation, different scenarios have been analyzed. The results show that the proposed EMS allows a levelized cost of energy (LCOE) reduction for all community members with respect to the base-case scenario. Moreover, the most profitable scenario for all prosumers is still the only PV.
Stackelberg Game-Based Two-Stage Operation Optimization Strategy for a Virtual Power Plant: A Case Study
With the rapid development of renewable energy technologies, numerous distributed energy resources (DERs) have been integrated into power systems. How to fully exploit renewable energy while maintaining the stable operation of power systems remains an urgent challenge. Furthermore, the diversity of DERs’ ownership requires scheduling approaches that account for the distinct interests and characteristics of multiple stakeholders. To address these challenges, this study introduces a two-stage operational optimization framework for the virtual power plant (VPP), which is grounded in a Stackelberg game model. This strategy innovatively combines two conventional control methods: the day-ahead stage employs direct control for global pre-scheduling, leveraging its cost optimization capability; the intraday stage utilizes dynamic pricing to guide prosumers, tapping into DERs’ flexibility while accommodating their individual energy usage preferences. The Stackelberg game is resolved through a tiered solution methodology employing particle swarm optimization (PSO). To enhance solution efficiency, a Kriging surrogate model is introduced to replace the prosumers’ models, significantly reducing the computational burden of the PSO. Case studies demonstrate that the proposed strategy can balance operating costs and energy usage preferences, and the proposed solution approach can significantly enhance solution efficiency.
Review platforms as prosumer communities: theory, practices and implications
Purpose This article aims to advance a new theoretical perspective on the basis of prosumption theory, namely, that online review platforms can be conceptualized as prosumer communities (and online reviews as prosumer-generated content). This perspective meshes with message tuning research to suggest specific mechanisms through which peer-to-peer prosumption takes place in online review communities. Overall, this article enriches and deepens theoretical understanding of prosumption behavior in the product review context and offers practical advice for inducing high-value, prosumer-generated content in online communities. Design/methodology/approach Exploratory observations of current practices across a wide spectrum of review platforms were conducted. The observed platforms include independent review sites (e.g. Yelp) and review sites affiliated with e-tailers (e.g. Amazon), general review sites (e.g. Viewpoints) and product-specific review sites (e.g. Healthgrades), large-scale review sites (e.g. TripAdvisor) and review sites of a smaller scale (e.g. Judy’s Book) and review sites based in different geographic regions, including Australia (e.g. Productreview.com.au), China (e.g. Taobao), Europe (e.g. Reevoo), India (e.g. Zomato) and North America (e.g. Foursquare). Findings Theoretical analysis suggests that high-quality review content is the result of collaborative prosumption characterized by three distinct value-adding processes: history-based message tuning, audience-based message tuning and norm-based message tuning. In-depth observations reveal that today’s review platforms are leveraging these value-adding processes to varying degrees. The overwhelming diversity of the observed platform features points to the need for more research on platform design and management. Research limitations/implications This research identifies three distinct dimensions of review quality – novelty, relevancy and congruency – that can be systematically managed through platform design. The exploratory nature of this research necessitates follow-up work to further investigate how high-quality review content emerges in the historical, interpersonal and cultural contexts of online prosumer communities. Practical implications The prosumption-inducing mechanisms identified in this research have major consumer welfare and strategy implications. First, they may lead to novel, relevant and congruent consumer reviews. Second, they may enhance the value of brand communities (which rely heavily on collaborative prosumption). Originality/value This research addresses two intriguing questions pertinent to marketing theory and practice in the digital era. First, how do high-quality reviews emerge on product review platforms (which consist of ordinary consumers)? Second, what constitutes high-quality review content and how can platform managers facilitate the collaborative creation of high-quality review content by ordinary consumers?
A Case Study on Distributed Energy Resources and Energy-Storage Systems in a Virtual Power Plant Concept: Economic Aspects
This paper analyzes the technical and economic possibilities of integrating distributed energy resources (DERs) and energy-storage systems (ESSs) into a virtual power plant (VPP) and operating them as a single power plant. The purpose of the study is to assess the economic efficiency of the VPP model, which is influenced by several factors such as energy price and energy production. Ten scenarios for the VPP were prepared on the basis of the installed capacities of a hydropower plant (HPP), rooftop solar photovoltaic (PV), and energy-storage system (ESS), as well as weather conditions, in Poland. On the basis of technical conditions, it was assumed that the maximum power capacity of the ESS equaled 1.5 MW. The economic efficiency analysis presented in this paper demonstrated that, in seven years, the VPP will achieve a positive value of the net present value (NPV) for a scenario with 0.5 MW battery storage and rainy summers. Furthermore, sensitivity analysis was conducted on price factors and DER production volume. The price variable had a major impact on the NPV value for all scenarios. The scenario with a 0.5 MW battery and typical summers was highly sensitive to all factors, and its sensitivity decreased as the ESS capacity grew from 0.5 to 1.5 MW.
Impact of Community-Based Governance Mechanisms on Transaction Intention on a Second-Hand Trading Platform
Second-hand trading platforms are helpful to the recycling of resources. It is important to accelerate the construction of second-hand trading platforms and improve people’s willingness to buy second-hand goods. However, due to the uncertainty of second-hand goods, it is difficult to establish the trust between users and complete second-hand transactions. Nowadays, more and more platforms use community-based governance mechanisms to promote relationships between users. Taking the second-hand trading platform Xianyu as an example, this study explores the influence of three specific community-based mechanisms (interest group, feedback mechanism and dispute resolution mechanism) on trust and transaction intention from three dimensions of relational governance. This study compares the different effect between consumers and prosumers. Based on 721 valid questionnaires, a structural equation model was used to analyze the data. The results show that interest group, feedback mechanism and dispute resolution mechanism all have significant positive effects on trust in sellers and platforms. In addition, the impact of a dispute resolution mechanism on trust in sellers and platforms is higher for prosumers than for consumers. This study extends the previous research on community-based governance, contributes to the design of second-hand trading platforms and promotes more users to participate in recycling economy.
Distributed Adaptive Primal Algorithm for P2P-ETS over Unreliable Communication Links
Algorithms for distributed coordination and control are increasingly being used in smart grid applications including peer-to-peer energy trading and sharing to improve reliability and efficiency of the power system. However, for realistic deployment of these algorithms, their designs should take into account the suboptimal conditions of the communication network, in particular the communication links that connect the energy trading entities in the energy network. This study proposes a distributed adaptive primal (DAP) routing algorithm to facilitate communication and coordination among proactive prosumers in an energy network over imperfect communication links. The proposed technique employs a multi-commodity flow optimization scheme in its formulation with the objective to minimize both the communication delay and loss of energy transactional messages due to suboptimal network conditions. Taking into account realistic constraints relating to network delay and communication link capacity between the peers, the DAP routing algorithm is used to evaluate network performance using various figures of merit such as probability of signal loss, message delay, congestion and different network topologies. Further, we address the link communication delay problem by redirecting traffic from congested links to less utilized ones. The results show that the proposed routing algorithm is robust to packet loss on the communication links with a 20% reduction in delay compared with hop-by-hop adaptive link state routing algorithm.