2023
Autores
Santos, P; Rezende, I; Soares, T; Miranda, V;
Publicação
2023 19TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM
Abstract
The rising potential for battery energy storage systems (BESS) to generate revenue in a market environment is addressed in this work, where a tool based on neural network predictions is proposed. The tool's main objective is predicting, based on historical data, the most lucrative out of three established bidding approaches for the participation of a BESS in the day-ahead energy market and thus aid the strategic bidding process of the BESS operator. Each of these bidding strategies reflects BESS's operator approach concerning bidding frequency and the tolerated risk of loss of profit from having its bids rejected, leading to the development of a conservative (strategy A), an aggressive (strategy B), and a moderate strategy (strategy C). A case study was then used to test the tool for a full year allowing to ascertain the assertiveness of this tool in predicting the best strategy, which for this case was above 88%.
2023
Autores
Oliveira, C; Simoes, M; Soares, T; Matos, MA; Bitencourt, L;
Publicação
2023 19TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM
Abstract
This work models a distributed community-based market with diverse assets (photovoltaic generators and energy storage systems), accounting for network constraints and adopting the relaxed branch flow model. The market is modeled in a single and fully distributed approach, employing the alternating direction method of multipliers (ADMM) to prevent voltage and line capacity problems in the community network and improve data privacy and reduce the communication burden. Different scenarios, based on the penalty term and the agents' number, are tested to study the efficiency of the algorithm and the convergence rate of the ADMM distributed model. The proposed method is tested on 10-bus, 22-bus, and 33-bus medium voltage radial distribution networks, where each node contains a large prosumer with one or several assets. One important conclusion is that the implemented residual balancing technique improves the efficiency of the ADMM distributed algorithm by increasing the convergence rate and reducing the computational time.
2011
Autores
Soares, T; Morais, H; Canizes, B; Vale, Z;
Publicação
2011 8th International Conference on the European Energy Market, EEM 11
Abstract
In order to develop a flexible simulator, a variety of models for Ancillary Services (AS) negotiation has been implemented in MASCEM a multi-agent system competitive electricity markets simulator. In some of these models, the energy and the AS are addressed simultaneously while in other models they are addressed separately. This paper presents an energy and ancillary services joint market simulation. This paper proposes a deterministic approach for solving the energy and ancillary services joint market. A case study based on the dispatch of Regulation Down, Regulation Up, Spinning Reserve, and Non-Spinning Reserve services is used to demonstrate that the use of the developed methodology is suitable for solving this kind of optimization problem. The presented case study is based on CAISO real AS market data considers fifteen bids. © 2011 IEEE.
2012
Autores
Faria, P; Vale, Z; Soares, T; Morais, H;
Publicação
2012 3RD IEEE PES INNOVATIVE SMART GRID TECHNOLOGIES EUROPE (ISGT EUROPE)
Abstract
In competitive electricity markets with deep concerns at the efficiency level, demand response programs gain considerable significance. In the same way, distributed generation has gained increasing importance in the operation and planning of power systems. Grid operators and utilities are taking new initiatives, recognizing the value of demand response and of distributed generation for grid reliability and for the enhancement of organized spot markets' efficiency. Grid operators and utilities become able to act in both energy and reserve components of electricity markets. This paper proposes a methodology for a joint dispatch of demand response and distributed generation to provide energy and reserve by a virtual power player that operates a distribution network. The proposed method has been computationally implemented and its application is illustrated in this paper using a 32 bus distribution network with 32 medium voltage consumers.
2012
Autores
Soares, T; Fernandes, F; Morais, H; Faria, P; Vale, Z;
Publicação
2012 IEEE PES TRANSMISSION AND DISTRIBUTION CONFERENCE AND EXPOSITION (T&D)
Abstract
In recent years, power systems have experienced many changes in their paradigm. The introduction of new players in the management of distributed generation leads to the decentralization of control and decision-making, so that each player is able to play in the market environment. In the new context, it will be very relevant that aggregator players allow midsize, small and micro players to act in a competitive environment. In order to achieve their objectives, virtual power players and single players are required to optimize their energy resource management process. To achieve this, it is essential to have financial resources capable of providing access to appropriate decision support tools. As small players have difficulties in having access to such tools, it is necessary that these players can benefit from alternative methodologies to support their decisions. This paper presents a methodology, based on Artificial Neural Networks (ANN), and intended to support smaller players. In this case the present methodology uses a training set that is created using energy resource scheduling solutions obtained using a mixed-integer linear programming (MIP) approach as the reference optimization methodology. The trained network is used to obtain locational marginal prices in a distribution network. The main goal of the paper is to verify the accuracy of the ANN based approach. Moreover, the use of a single ANN is compared with the use of two or more ANN to forecast the locational marginal price.
2023
Autores
Agrela, J; Rezende, I; Soares, T; Gouveia, C; Silva, R; Villar, J;
Publicação
2023 19TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM
Abstract
This work presents an approach to the flexibility of energy consumption in Renewable Energy Communities (RECs). A two-stage model for quantifying the flexibility provided by the domestic energy resources operation and its negotiation in a market platform is proposed. In stage 1, the optimal consumption of each prosumer is determined, as well as the respective technical flexibility of their resources, namely the maximum and minimum resource operation limits. In stage 2, this technical flexibility is offered in a local flexibility-only market structure, in which both the DSO and the prosumers can present their flexibility needs and requirements. The flexibility selling and buying bids of the prosumers participating in the market are priced based on their base tariff, which is the energy cost of the prosumers corresponding to their optimal schedule of the first stage when no flexibility is provided. Therefore, providing flexibility is an incentive to reduce their energy bill or increase their utility, encouraging their participation in the local flexibility market.
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