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- W4385525311 abstract "In this paper, a residential Energy Management System (EMS) for prosumers is presented to schedule optimally the operation of both the schedulable appliances and the Battery Energy Storage System (BESS). The target of this model is the minimization of the electricity cost and the reduction of both the imported and exported power peaks. Through this approach, the prosumer causes smoother power flow across the distribution network (DN), thus avoiding increased power losses and intense voltage fluctuations. For joint optimal financial and technical optimization of each prosumer, the EMS aims at the maximization of financial benefits, applying incline block rates (IBR) tariffs on both the purchased and selling prices. In this way, less profit is yielded to prosumers when the power transaction with the DN is high, thus this scheme also implies power peaks reduction. The results of the proposed EMS show improvement regarding the prosumer's self-sufficiency and the daily electricity cost. At the same time benefits the DN in terms of reduced power losses and improved voltage profile are depicted. Finally, the effectiveness of this EMS is also verified by the comparison with four different objective functions." @default.
- W4385525311 created "2023-08-04" @default.
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- W4385525311 date "2023-06-06" @default.
- W4385525311 modified "2023-09-26" @default.
- W4385525311 title "Prosumer energy management under controllable power transactions with the grid" @default.
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- W4385525311 doi "https://doi.org/10.1109/eeeic/icpseurope57605.2023.10194761" @default.
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