Improving the efficiency of renewable energy assets by optimizing the matching of supply and demand using a smart control algorithm

Given the fundamental profit gained by renewable energy assets in climate control, existing control algorithms are urged to be improved to match power supply and demand optimally. This paper explores various designed cases that lead toward an enhanced definition of a control algorithm with optimized behaviour. The core of improvement is...

Battery Degradation in Control Algorithms for Redistribution of Benefits in a Community Energy Project

In a community energy project, batteries are the asset with the shortest lifespan and are therefore key contributors to cost. Understanding the influence of the battery state of health model on a control algorithm designed for redistribution of benefits in terms of financial gains in a community energy project can help elongate battery lifetime...

Improving the efficiency of an energy management system with machine learning

This paper explores the possibility of using machine learning to improve the profits generated by an energy management system for so called prosumer households. Which are households with their own energy production, consumption, and storage. The commonly used deterministic algorithms only take the current data into account when deciding on how...

The Financial Benefit of Energy Consumption Behavior Diversity Within an Energy Community

Energy communities are not yet fully self sufficient, mostly due to financial factors. Efforts are made to reduce these factors. Communities invest in community-owned assets, which provide more savings compared to individually-owned assets. Prosumers share their loads for better energy distribution, this can provide a significant impact. A good...