Competitive DER Aggregation for Participation in Wholesale Markets

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dc.contributor.authorChen, Cong
dc.contributor.authorAlahmed, Ahmed
dc.contributor.authorMount, Timothy
dc.contributor.authorTong, Lang
dc.date.accessioned2022-12-27T19:04:39Z
dc.date.available2022-12-27T19:04:39Z
dc.date.issued2023-01-03
dc.description.abstractThe 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.
dc.format.extent10
dc.identifier.doi10.24251/HICSS.2023.320
dc.identifier.isbn978-0-9981331-6-4
dc.identifier.urihttps://hdl.handle.net/10125/102951
dc.language.isoeng
dc.relation.ispartofProceedings of the 56th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectDistributed, Renewable, and Mobile Resources
dc.subjectbehind-the-meter distributed generation
dc.subjectcompetitive wholesale market
dc.subjectdemand-side management
dc.subjectdistributed energy resources and aggregation
dc.subjectnet energy metering
dc.titleCompetitive DER Aggregation for Participation in Wholesale Markets
dc.type.dcmitext
prism.startingpage2590

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