Journal article
A transactive energy modelling and assessment framework for demand response business cases in smart distributed multi-energy systems
Nicholas Good, Eduardo A Martinez Cesena, Christopher Heltorp, Pierluigi Mancarella
Energy | Elsevier | Published : 2019
Abstract
The energy trilemma, together with energy system liberalisation and development of smart grid technologies, are increasing interest in and the potential of distributed multi-energy systems (DMES), for instance from districts or communities, to provide demand response (DR). However modelling and assessment of such systems is not straightforward given the complex physical and commercial aspects, including the effect of aggregation and relationships between retailers/aggregators and the districts in which DR resources are situated. Given this motivation, this paper introduces a novel and powerful ‘transactive energy’ modelling and assessment framework for DMES. The framework includes: a DMES st..
View full abstractGrants
Awarded by EU Commission under the FP7 COOPERATE project
Awarded by EU Commission under the FP7 DIMMER project
Awarded by H2020 SEAF project
Awarded by EPSRC under the MY-STORE project
Funding Acknowledgements
The authors wish to acknowledge the funding from the EU Commission under the FP7 COOPERATE (Grant n. 600063) and DIMMER (Grant n. 609084) projects, and the H2020 SEAF project (Grant n. 696023). The authors also acknowledge funding from the EPSRC under the MY-STORE project (EP/N001974/1), and thank colleagues in all projects for the helpful discussions.