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An Equilibrium Approach Assessing Tariff Designs for Local Energy Markets in the Context of Active Consumers

An Equilibrium Approach Assessing Tariff Designs for Local Energy Markets in the Context of Active Consumers

Category
Conference lecture and academic presentation
Abstract
As consumers go from passive to active, it is necessary to consider if the price signals from the grid are enough to promote optimal utilization of the decentralized resources in the context of the larger power system. The research considers tariff design options in the context of active consumers that can participate in both local and centralized electricity markets. The interaction between a neighborhood with the possibility of a local market and the grid is modeled as a complementarity problem. The results provide insight into the appropriateness of different tariff design structures and an assessment of the impact of a local market on the deployment and operation of decentralized resources.
Client
  • Norges forskningsråd / 257660
Language
English
Author(s)
Affiliation
  • SINTEF Energy Research / Energisystemer
  • Norwegian University of Science and Technology
Presented at
INFORMS Seattle 2019
Date
19.10.2019 - 22.10.2019
Year
2019