Abstract
Energy communities combine assets of different community members and can create financial value from energy trade and from providing flexibility. Sharing this value among the community members can be done in various ways depending on the main objectives of the energy community and selecting the most suitable value sharing method for a particular energy community is not always straightforward. There are several, partly contradictory, requirements to be fulfilled that include fairness, stability, understandability, computational feasibility and ability to incentivize individual members to act in a way that benefits the whole energy community. In this paper, alternative energy community value sharing methods are compared from different viewpoints. The most suitable value sharing method for a particular energy community can be selected by first defining what are the main requirements for value sharing and then proceeding to a more detailed analysis of the value sharing method options that fulfill those requirements.
Original language | English |
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Title of host publication | 2021 IEEE PES Innovative Smart Grid Technologies Europe (ISGT Europe) |
Publisher | IEEE |
Number of pages | 6 |
ISBN (Electronic) | 9781665448758 |
ISBN (Print) | 9781665448765 |
DOIs | |
Publication status | Published - 2021 |
Publication type | A4 Article in conference proceedings |
Event | IEEE PES Innovative Smart Grid Technologies Conference Europe - Espoo, Finland Duration: 18 Oct 2021 → 21 Oct 2021 |
Conference
Conference | IEEE PES Innovative Smart Grid Technologies Conference Europe |
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Country/Territory | Finland |
City | Espoo |
Period | 18/10/21 → 21/10/21 |
Keywords
- community energy
- cost allocation
- energy community
- value sharing
Publication forum classification
- Publication forum level 1
ASJC Scopus subject areas
- Computer Vision and Pattern Recognition
- Information Systems and Management
- Energy Engineering and Power Technology
- Renewable Energy, Sustainability and the Environment
- Electrical and Electronic Engineering
- Artificial Intelligence