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

Given the fundamental role of renewable energy assets in achieving global temperature control targets, new energy management methods are required to efficiently match intermittent renewable generation and demand. Based on analysing various designed cases, this paper explores a number of heuristics for a smart battery scheduling algorithm that...

Real-Time Control of Distributed Batteries with Blockchain-Enabled Market Export Commitments

Recent years have seen a surge of interest in distributed residential batteries for households with renewable generation. Yet, assuring battery assets are profitable for their owners requires a complex optimisation of the battery asset and additional revenue sources, such as novel ways to access wholesale energy markets. In this paper, we...

Modeling economic sharing of joint assets in community energy projects under LV network constraints

The trend of decentralization of energy services has given rise to community energy systems. These energy communities aim to maximize the self-consumption of local renewable energy generated and stored in assets that are typically connected to low-voltage (LV) distribution networks. Energy community schemes often involve jointly owned assets...