2025
Authors
Sousa, J; Lucas, A; Villar, J;
Publication
International Conference on the European Energy Market, EEM
Abstract
The business models (BM) for renewable energy communities (REC) are often based on their promoters being the sole or primary investors in energy assets, such as photovoltaic panels (PV) and battery energy storage systems (BESS), operating these assets centrally, and selling the locally produced energy to the REC members. This research addresses the computation of fixed local energy prices that the REC developer may apply under the optimal operation of the energy assets to maximize its revenues, while guaranteeing that all REC members benefit from belonging to the REC. We do this from two perspectives, depending on who operates the storage systems: i) maximizing the investor's benefits and ii) minimizing the REC cost by maximizing its self-consumption, ensuring maximization of the energy sold by the REC promoter/investor. The optimization framework includes energy production and demand balance constraints, peak load limitations, and constraints coming from the Portuguese regulatory framework. It also considers the opportunity costs of the members for buying the energy deficit from the grid or selling the energy surplus to the grid. © 2025 IEEE.
2025
Authors
Charan Dande, CS; Rakhshani, E; Gümrükcü, E; Gil, AA; Manuel, N; Carta, D; Lucas, A; Benigni, A; Monti, A;
Publication
2025 IEEE International Conference on Engineering, Technology, and Innovation (ICE/ITMC)
Abstract
2025
Authors
Cavalcante L.; Lucas A.; Villar J.; Martinez S.D.;
Publication
International Conference on the European Energy Market Eem
Abstract
The rapid rise of Renewable Energy Communities (REC) offers unique opportunities for decentralizing and decarbonizing energy systems but also brings challenges in designing fair mechanisms for distributing the benefits of collective self-consumption. This paper evaluates three approaches for benefit-sharing based on the Shapley value, direct marginal contributions, and system marginal cost. A case study compares these methodologies in terms of practicality, fairness, and impact on financial returns. Additionally, this paper proves that settling local transactions using system marginal costs ensures that all REC participants incur equal or lower costs compared to operating independently.
The access to the final selection minute is only available to applicants.
Please check the confirmation e-mail of your application to obtain the access code.