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Agent-based model for electricity consumption and storage to evaluate economic viability of tariff arbitrage for residential sector demand response

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Cited by:

  1. Stadler, Michael & Cardoso, Gonçalo & Mashayekh, Salman & Forget, Thibault & DeForest, Nicholas & Agarwal, Ankit & Schönbein, Anna, 2016. "Value streams in microgrids: A literature review," Applied Energy, Elsevier, vol. 162(C), pages 980-989.
  2. Khan, Agha Salman M. & Verzijlbergh, Remco A. & Sakinci, Ozgur Can & De Vries, Laurens J., 2018. "How do demand response and electrical energy storage affect (the need for) a capacity market?," Applied Energy, Elsevier, vol. 214(C), pages 39-62.
  3. Baxter Williams & Daniel Bishop & Patricio Gallardo & J. Geoffrey Chase, 2023. "Demand Side Management in Industrial, Commercial, and Residential Sectors: A Review of Constraints and Considerations," Energies, MDPI, vol. 16(13), pages 1-28, July.
  4. Boßmann, Tobias & Eser, Eike Johannes, 2016. "Model-based assessment of demand-response measures—A comprehensive literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 1637-1656.
  5. Wakui, Tetsuya & Kawayoshi, Hiroki & Yokoyama, Ryohei, 2016. "Optimal structural design of residential power and heat supply devices in consideration of operational and capital recovery constraints," Applied Energy, Elsevier, vol. 163(C), pages 118-133.
  6. Braeuer, Fritz & Rominger, Julian & McKenna, Russell & Fichtner, Wolf, 2019. "Battery storage systems: An economic model-based analysis of parallel revenue streams and general implications for industry," Applied Energy, Elsevier, vol. 239(C), pages 1424-1440.
  7. Kowalska-Pyzalska, Anna, 2018. "What makes consumers adopt to innovative energy services in the energy market? A review of incentives and barriers," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 3570-3581.
  8. Kraan, Oscar & Kramer, Gert Jan & Nikolic, Igor & Chappin, Emile & Koning, Vinzenz, 2019. "Why fully liberalised electricity markets will fail to meet deep decarbonisation targets even with strong carbon pricing," Energy Policy, Elsevier, vol. 131(C), pages 99-110.
  9. Hu, Maomao & Xiao, Fu & Wang, Shengwei, 2021. "Neighborhood-level coordination and negotiation techniques for managing demand-side flexibility in residential microgrids," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
  10. Roshandel, Ramin & Parhizkar, Tarannom, 2016. "Degradation based optimization framework for long term applications of energy systems, case study: Solid oxide fuel cell stacks," Energy, Elsevier, vol. 107(C), pages 172-181.
  11. Khalid, Muhammad & Ahmadi, Abdollah & Savkin, Andrey V. & Agelidis, Vassilios G., 2016. "Minimizing the energy cost for microgrids integrated with renewable energy resources and conventional generation using controlled battery energy storage," Renewable Energy, Elsevier, vol. 97(C), pages 646-655.
  12. Graditi, G. & Ippolito, M.G. & Telaretti, E. & Zizzo, G., 2016. "Technical and economical assessment of distributed electrochemical storages for load shifting applications: An Italian case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 515-523.
  13. Pakeeza Bano & Kashif Imran & Abdul Kashif Janjua & Abdullah Abusorrah & Kinza Fida & Hesham Alhumade, 2023. "System and Market-Wide Impact Analysis of Coordinated Demand Response and Battery Storage Operation by a Load-Serving Entity," Energies, MDPI, vol. 16(4), pages 1-22, February.
  14. Meinrenken, Christoph J. & Lackner, Klaus S., 2015. "Fleet view of electrified transportation reveals smaller potential to reduce GHG emissions," Applied Energy, Elsevier, vol. 138(C), pages 393-403.
  15. Specht, Jan Martin & Madlener, Reinhard, 2023. "Quantifying value pools for distributed flexible energy assets," Energy, Elsevier, vol. 263(PB).
  16. Zheng, Menglian & Meinrenken, Christoph J. & Lackner, Klaus S., 2015. "Smart households: Dispatch strategies and economic analysis of distributed energy storage for residential peak shaving," Applied Energy, Elsevier, vol. 147(C), pages 246-257.
  17. Dufo-López, Rodolfo, 2015. "Optimisation of size and control of grid-connected storage under real time electricity pricing conditions," Applied Energy, Elsevier, vol. 140(C), pages 395-408.
  18. Li, Francis G.N. & Trutnevyte, Evelina & Strachan, Neil, 2015. "A review of socio-technical energy transition (STET) models," Technological Forecasting and Social Change, Elsevier, vol. 100(C), pages 290-305.
  19. Danish Mahmood & Nadeem Javaid & Sheraz Ahmed & Imran Ahmed & Iftikhar Azim Niaz & Wadood Abdul & Sanaa Ghouzali, 2017. "Orchestrating an Effective Formulation to Investigate the Impact of EMSs (Energy Management Systems) for Residential Units Prior to Installation," Energies, MDPI, vol. 10(3), pages 1-25, March.
  20. Nolan, Sheila & O’Malley, Mark, 2015. "Challenges and barriers to demand response deployment and evaluation," Applied Energy, Elsevier, vol. 152(C), pages 1-10.
  21. Zhao, Bo & Xue, Meidong & Zhang, Xuesong & Wang, Caisheng & Zhao, Junhui, 2015. "An MAS based energy management system for a stand-alone microgrid at high altitude," Applied Energy, Elsevier, vol. 143(C), pages 251-261.
  22. Wang, Ge & Zhang, Qi & Li, Hailong & McLellan, Benjamin C. & Chen, Siyuan & Li, Yan & Tian, Yulu, 2017. "Study on the promotion impact of demand response on distributed PV penetration by using non-cooperative game theoretical analysis," Applied Energy, Elsevier, vol. 185(P2), pages 1869-1878.
  23. Zheng, Menglian & Wang, Xinhao & Meinrenken, Christoph J. & Ding, Yi, 2018. "Economic and environmental benefits of coordinating dispatch among distributed electricity storage," Applied Energy, Elsevier, vol. 210(C), pages 842-855.
  24. Robinson, Scott A. & Rai, Varun, 2015. "Determinants of spatio-temporal patterns of energy technology adoption: An agent-based modeling approach," Applied Energy, Elsevier, vol. 151(C), pages 273-284.
  25. Meinrenken, Christoph J. & Mehmani, Ali, 2019. "Concurrent optimization of thermal and electric storage in commercial buildings to reduce operating cost and demand peaks under time-of-use tariffs," Applied Energy, Elsevier, vol. 254(C).
  26. Marc Deissenroth & Martin Klein & Kristina Nienhaus & Matthias Reeg, 2017. "Assessing the Plurality of Actors and Policy Interactions: Agent-Based Modelling of Renewable Energy Market Integration," Complexity, Hindawi, vol. 2017, pages 1-24, December.
  27. Barbero, Mattia & Casals, Lluc Canals & Corchero, Cristina, 2020. "Comparison between economic and environmental drivers for demand side aggregator," Utilities Policy, Elsevier, vol. 65(C).
  28. Wang, Jixiang & Chen, Xingying & Xie, Jun & Xu, Shuyang & Yu, Kun & Gan, Lei, 2019. "Dynamic control strategy of residential air conditionings considering environmental and behavioral uncertainties," Applied Energy, Elsevier, vol. 250(C), pages 1312-1320.
  29. Anna Kowalska-Pyzalska, 2016. "What makes consumers adopt to innovative energy services in the energy market?," HSC Research Reports HSC/16/09, Hugo Steinhaus Center, Wroclaw University of Science and Technology.
  30. Li, Pei-Hao & Barazza, Elsa & Strachan, Neil, 2022. "The influences of non-optimal investments on the scale-up of smart local energy systems in the UK electricity market," Energy Policy, Elsevier, vol. 170(C).
  31. Pena-Bello, A. & Barbour, E. & Gonzalez, M.C. & Patel, M.K. & Parra, D., 2019. "Optimized PV-coupled battery systems for combining applications: Impact of battery technology and geography," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 978-990.
  32. Sandoval, Diego & Goffin, Philippe & Leibundgut, Hansjürg, 2017. "How low exergy buildings and distributed electricity storage can contribute to flexibility within the demand side," Applied Energy, Elsevier, vol. 187(C), pages 116-127.
  33. Tao, Zhenmin & Moncada, Jorge Andrés & Poncelet, Kris & Delarue, Erik, 2021. "Review and analysis of investment decision making algorithms in long-term agent-based electric power system simulation models," Renewable and Sustainable Energy Reviews, Elsevier, vol. 136(C).
  34. Hui, Hongxun & Chen, Yulin & Yang, Shaohua & Zhang, Hongcai & Jiang, Tao, 2022. "Coordination control of distributed generators and load resources for frequency restoration in isolated urban microgrids," Applied Energy, Elsevier, vol. 327(C).
  35. Quashie, Mike & Bouffard, François & Joós, Géza, 2017. "Business cases for isolated and grid connected microgrids: Methodology and applications," Applied Energy, Elsevier, vol. 205(C), pages 105-115.
  36. Li Li & Yalin Lei & Dongyang Pan, 2015. "Economic and environmental evaluation of coal production in China and policy implications," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 77(2), pages 1125-1141, June.
  37. Colmenar-Santos, Antonio & Molina-Ibáñez, Enrique-Luis & Rosales-Asensio, Enrique & Blanes-Peiró, Jorge-Juan, 2018. "Legislative and economic aspects for the inclusion of energy reserve by a superconducting magnetic energy storage: Application to the case of the Spanish electrical system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 2455-2470.
  38. Hamed Moazami Goodarzi & Mohammad Hosein Kazemi, 2017. "A Novel Optimal Control Method for Islanded Microgrids Based on Droop Control Using the ICA-GA Algorithm," Energies, MDPI, vol. 10(4), pages 1-17, April.
  39. Förster, Robert & Harding, Sebastian & Buhl, Hans Ulrich, 2024. "Unleashing the economic and ecological potential of energy flexibility: Attractiveness of real-time electricity tariffs in energy crises," Energy Policy, Elsevier, vol. 185(C).
  40. Parra, David & Swierczynski, Maciej & Stroe, Daniel I. & Norman, Stuart.A. & Abdon, Andreas & Worlitschek, Jörg & O’Doherty, Travis & Rodrigues, Lucelia & Gillott, Mark & Zhang, Xiaojin & Bauer, Chris, 2017. "An interdisciplinary review of energy storage for communities: Challenges and perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 730-749.
  41. Enrico Telaretti & Mariano Ippolito & Luigi Dusonchet, 2015. "A Simple Operating Strategy of Small-Scale Battery Energy Storages for Energy Arbitrage under Dynamic Pricing Tariffs," Energies, MDPI, vol. 9(1), pages 1-20, December.
  42. Drysdale, Brian & Wu, Jianzhong & Jenkins, Nick, 2015. "Flexible demand in the GB domestic electricity sector in 2030," Applied Energy, Elsevier, vol. 139(C), pages 281-290.
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