Abstract
The problem of the large-scale aggregation of behind-the-meter demand and generation resources by a distributed-energy-resource aggregator (DERA) is considered. As a wholesale market participant, a DERA maximizes its profit while providing competitive services to its customers with higher consumer/prosumer surpluses than those offered by the distribution utilities or community choice aggregations. A constrained profit maximization program for aggregating behind-the-meter generation and consumption resources is formulated, from which payment functions for the behind-the-meter consumptions and generations are derived. Also obtained are DERA's bid and offer curves for its participation in the wholesale energy market.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 56th Annual Hawaii International Conference on System Sciences, HICSS 2023 |
| Editors | Tung X. Bui |
| Publisher | IEEE Computer Society |
| Pages | 2590-2599 |
| Number of pages | 10 |
| ISBN (Electronic) | 9780998133164 |
| State | Published - 2023 |
| Externally published | Yes |
| Event | 56th Annual Hawaii International Conference on System Sciences, HICSS 2023 - Maui, United States Duration: 3 Jan 2023 → 6 Jan 2023 |
Publication series
| Name | Proceedings of the Annual Hawaii International Conference on System Sciences |
|---|---|
| Volume | 2023-January |
| ISSN (Print) | 1530-1605 |
Conference
| Conference | 56th Annual Hawaii International Conference on System Sciences, HICSS 2023 |
|---|---|
| Country/Territory | United States |
| City | Maui |
| Period | 3/01/23 → 6/01/23 |
Bibliographical note
Publisher Copyright:© 2023 IEEE Computer Society. All rights reserved.
Keywords
- behind-the-meter distributed generation
- competitive wholesale market
- demand-side management
- distributed energy resources and aggregation
- net energy metering
ASJC Scopus subject areas
- General Engineering