Competitive DER Aggregation for Participation in Wholesale Markets
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Date
2023-01-03
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2590
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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.
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Distributed, Renewable, and Mobile Resources, behind-the-meter distributed generation, competitive wholesale market, demand-side management, distributed energy resources and aggregation, net energy metering
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10
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Proceedings of the 56th Hawaii International Conference on System Sciences
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Attribution-NonCommercial-NoDerivatives 4.0 International
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