Individual vs. Community: Economic Assessment of Energy Management Systems under Different Regulatory Frameworks
In the context of the increasing popularity of self-sufficient communities around the globe, this study aims to compare the economic performance of energy management in two distinct situations: whether it is conducted individually or collectively within a community. After setting the context and com...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2021-01-01
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| Series: | Energies |
| Subjects: | |
| Online Access: | https://www.mdpi.com/1996-1073/14/3/676 |
| _version_ | 1797406275362881536 |
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| author | Àlex Alonso Jordi de la Hoz Helena Martín Sergio Coronas José Matas |
| author_facet | Àlex Alonso Jordi de la Hoz Helena Martín Sergio Coronas José Matas |
| author_sort | Àlex Alonso |
| collection | DOAJ |
| description | In the context of the increasing popularity of self-sufficient communities around the globe, this study aims to compare the economic performance of energy management in two distinct situations: whether it is conducted individually or collectively within a community. After setting the context and completing a literature review, a research gap concerning the influence of regulatory frameworks in the economic results is identified. Therefore, this work presents this comparison under several frameworks employed to promote renewable energy, in order to provide a more realistic point of view and deliver insights in policy making. To this end, a mixed integer linear program (MILP) is developed, and the formulation of three key regulatory schemes is embedded into it: feed-in tariff, net metering, and self-consumption schemes. A what-if analysis is performed in order to take into account different combinations of rewarding parameters for each regulatory framework, as well as different profiles of consumption for the individual case. Results show that energy management within a community improves the overall average benefit of the customers up to 0.44 €/day·dwelling, for all of the studied frameworks except feed-in-tariff and some instances of type-B self-consumption, which can reduce it up to −0.87 €/day·dwelling. The conclusions determine fundamental differences between regulatory schemes and their suitability to promote collective or individual facilities, and emphasize the need to design a set of policies that take into account the habits of consumption of the individuals to foster effectively energy communities. |
| first_indexed | 2024-03-09T03:23:01Z |
| format | Article |
| id | doaj.art-f575e14d57644c8594c7cc5a9cfa6e4e |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-09T03:23:01Z |
| publishDate | 2021-01-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-f575e14d57644c8594c7cc5a9cfa6e4e2023-12-03T15:06:44ZengMDPI AGEnergies1996-10732021-01-0114367610.3390/en14030676Individual vs. Community: Economic Assessment of Energy Management Systems under Different Regulatory FrameworksÀlex Alonso0Jordi de la Hoz1Helena Martín2Sergio Coronas3José Matas4Electric Engineering Department, Escola d’Enginyeria de Barcelona Est, Polytechnic University of Catalonia, 08019 Barcelona, SpainElectric Engineering Department, Escola d’Enginyeria de Barcelona Est, Polytechnic University of Catalonia, 08019 Barcelona, SpainElectric Engineering Department, Escola d’Enginyeria de Barcelona Est, Polytechnic University of Catalonia, 08019 Barcelona, SpainElectric Engineering Department, Escola d’Enginyeria de Barcelona Est, Polytechnic University of Catalonia, 08019 Barcelona, SpainElectric Engineering Department, Escola d’Enginyeria de Barcelona Est, Polytechnic University of Catalonia, 08019 Barcelona, SpainIn the context of the increasing popularity of self-sufficient communities around the globe, this study aims to compare the economic performance of energy management in two distinct situations: whether it is conducted individually or collectively within a community. After setting the context and completing a literature review, a research gap concerning the influence of regulatory frameworks in the economic results is identified. Therefore, this work presents this comparison under several frameworks employed to promote renewable energy, in order to provide a more realistic point of view and deliver insights in policy making. To this end, a mixed integer linear program (MILP) is developed, and the formulation of three key regulatory schemes is embedded into it: feed-in tariff, net metering, and self-consumption schemes. A what-if analysis is performed in order to take into account different combinations of rewarding parameters for each regulatory framework, as well as different profiles of consumption for the individual case. Results show that energy management within a community improves the overall average benefit of the customers up to 0.44 €/day·dwelling, for all of the studied frameworks except feed-in-tariff and some instances of type-B self-consumption, which can reduce it up to −0.87 €/day·dwelling. The conclusions determine fundamental differences between regulatory schemes and their suitability to promote collective or individual facilities, and emphasize the need to design a set of policies that take into account the habits of consumption of the individuals to foster effectively energy communities.https://www.mdpi.com/1996-1073/14/3/676microgridenergy communityrenewable energyregulatory frameworkoptimizationenergy policy |
| spellingShingle | Àlex Alonso Jordi de la Hoz Helena Martín Sergio Coronas José Matas Individual vs. Community: Economic Assessment of Energy Management Systems under Different Regulatory Frameworks Energies microgrid energy community renewable energy regulatory framework optimization energy policy |
| title | Individual vs. Community: Economic Assessment of Energy Management Systems under Different Regulatory Frameworks |
| title_full | Individual vs. Community: Economic Assessment of Energy Management Systems under Different Regulatory Frameworks |
| title_fullStr | Individual vs. Community: Economic Assessment of Energy Management Systems under Different Regulatory Frameworks |
| title_full_unstemmed | Individual vs. Community: Economic Assessment of Energy Management Systems under Different Regulatory Frameworks |
| title_short | Individual vs. Community: Economic Assessment of Energy Management Systems under Different Regulatory Frameworks |
| title_sort | individual vs community economic assessment of energy management systems under different regulatory frameworks |
| topic | microgrid energy community renewable energy regulatory framework optimization energy policy |
| url | https://www.mdpi.com/1996-1073/14/3/676 |
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