Community Energy Markets with Battery Energy Storage Systems: A General Modeling with Applications

Wanessa Guedes, Lucas Deotti, Bruno Dias, Tiago Soares () and Leonardo Willer de Oliveira
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Wanessa Guedes: Electrical Energy Department, Federal University of Juiz de Fora (UFJF), Juiz de Fora 36036-330, Brazil
Lucas Deotti: Electrical Energy Department, Federal University of Juiz de Fora (UFJF), Juiz de Fora 36036-330, Brazil
Bruno Dias: Electrical Energy Department, Federal University of Juiz de Fora (UFJF), Juiz de Fora 36036-330, Brazil
Tiago Soares: Center for Power and Energy Systems, Institute for Systems and Computer Engineering, Technology and Science, 4200-465 Porto, Portugal
Leonardo Willer de Oliveira: Electrical Energy Department, Federal University of Juiz de Fora (UFJF), Juiz de Fora 36036-330, Brazil

Energies, 2022, vol. 15, issue 20, 1-22

Abstract: Traditional models of power systems are undergoing a restructuring process, stimulated by the growing deployment of renewable energy sources, making them more decentralized and progressively increasing the focus on the consumer. New arrangements are being explored, allowing consumers to play a more active role in energy systems, highlighting the concept of consumer-centric markets. This work presents an optimization model that considers the insertion of the battery energy storage system (BESS) in the concept of community energy markets. This model aims to increase the community income and includes the degradation of BESS, also evaluating different arrangements of BESS in the community markets. In the investigated scenarios, discussions about the feasibility of inserting BESS through the analysis of social welfare (SW) and fairness indicators were carried out. With the results, it was possible to observe that there are structures that are more advantageous from the perspective of the communities and others from the perspective of the members of the communities, bringing some insights into the different impacts of a BESS in an energy community.

Keywords: battery energy storage system; community energy market; consumer-centric electricity market; fairness indicators; prosumers (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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