Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans

Demand-side flexibility is becoming an inevitable part of the operation of power systems with large-scale integration of solar, wind, electric vehicles, etc. As a relatively new service, there’s a necessity for simple and efficient service products in the market. In most of the conventional flexibil...

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Detalles Bibliográficos
Autor: Ponnusamy, Deepasundar
Tipo de recurso: tesis de maestría
Fecha de publicación:2020
País:España
Institución:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2117/334917
Acceso en línea:https://hdl.handle.net/2117/334917
Access Level:acceso abierto
Palabra clave:Energy industries
Futures market
Indústries energètiques
Mercat de futurs
Àrees temàtiques de la UPC::Economia i organització d'empreses
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spelling Design of a Market Framework for Exchanging Energy Flexibility as Energy LoansPonnusamy, DeepasundarEnergy industriesFutures marketIndústries energètiquesMercat de futursÀrees temàtiques de la UPC::Economia i organització d'empresesDemand-side flexibility is becoming an inevitable part of the operation of power systems with large-scale integration of solar, wind, electric vehicles, etc. As a relatively new service, there’s a necessity for simple and efficient service products in the market. In most of the conventional flexibility trading products, the cost structure does not reflect implications such as the rebound effect. In order to address this problem, a novel flexibility trading market is designed based on the ‘energy loan’ concept. This report elaborately discusses the Energy Loan Exchange (ELE) market framework along with two proposed market clearing algorithms. A use case is developed involving an EV charging station, which is trading energy flexibility with households through the centralized ELE market. This case demonstrates market operation through a multi-agent simulation of stakeholder activity and market clearing.Universitat Politècnica de CatalunyaValderrama Ángel, César AlbertoPaterakis, Nikolaos G.Dukovska, Irena20202020-12-2420202020-12-24master thesishttp://purl.org/coar/resource_type/c_bdccNAhttp://purl.org/coar/version/c_be7fb7dd8ff6fe43info:eu-repo/semantics/masterThesisapplication/pdfhttps://hdl.handle.net/2117/334917reponame:UPCommons. Portal del coneixement obert de la UPCinstname:Universitat Politècnica de Catalunya (UPC)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2http://creativecommons.org/licenses/by-nc-nd/3.0/es/info:eu-repo/semantics/openAccessoai:upcommons.upc.edu:2117/3349172026-05-27T15:37:01Z
dc.title.none.fl_str_mv Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans
title Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans
spellingShingle Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans
Ponnusamy, Deepasundar
Energy industries
Futures market
Indústries energètiques
Mercat de futurs
Àrees temàtiques de la UPC::Economia i organització d'empreses
title_short Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans
title_full Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans
title_fullStr Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans
title_full_unstemmed Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans
title_sort Design of a Market Framework for Exchanging Energy Flexibility as Energy Loans
dc.creator.none.fl_str_mv Ponnusamy, Deepasundar
author Ponnusamy, Deepasundar
author_facet Ponnusamy, Deepasundar
author_role author
dc.contributor.none.fl_str_mv Valderrama Ángel, César Alberto
Paterakis, Nikolaos G.
Dukovska, Irena
dc.subject.none.fl_str_mv Energy industries
Futures market
Indústries energètiques
Mercat de futurs
Àrees temàtiques de la UPC::Economia i organització d'empreses
topic Energy industries
Futures market
Indústries energètiques
Mercat de futurs
Àrees temàtiques de la UPC::Economia i organització d'empreses
description Demand-side flexibility is becoming an inevitable part of the operation of power systems with large-scale integration of solar, wind, electric vehicles, etc. As a relatively new service, there’s a necessity for simple and efficient service products in the market. In most of the conventional flexibility trading products, the cost structure does not reflect implications such as the rebound effect. In order to address this problem, a novel flexibility trading market is designed based on the ‘energy loan’ concept. This report elaborately discusses the Energy Loan Exchange (ELE) market framework along with two proposed market clearing algorithms. A use case is developed involving an EV charging station, which is trading energy flexibility with households through the centralized ELE market. This case demonstrates market operation through a multi-agent simulation of stakeholder activity and market clearing.
publishDate 2020
dc.date.none.fl_str_mv 2020
2020-12-24
2020
2020-12-24
dc.type.none.fl_str_mv master thesis
http://purl.org/coar/resource_type/c_bdcc
NA
http://purl.org/coar/version/c_be7fb7dd8ff6fe43
dc.type.openaire.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
dc.identifier.none.fl_str_mv https://hdl.handle.net/2117/334917
url https://hdl.handle.net/2117/334917
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2

http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2

http://creativecommons.org/licenses/by-nc-nd/3.0/es/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universitat Politècnica de Catalunya
publisher.none.fl_str_mv Universitat Politècnica de Catalunya
dc.source.none.fl_str_mv reponame:UPCommons. Portal del coneixement obert de la UPC
instname:Universitat Politècnica de Catalunya (UPC)
instname_str Universitat Politècnica de Catalunya (UPC)
reponame_str UPCommons. Portal del coneixement obert de la UPC
collection UPCommons. Portal del coneixement obert de la UPC
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1869414052970627072
score 15.301603

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