Operation scheduling of prosumer with renewable energy sources and storage devices

Abstract

The reduction or elimination of incentives for the installation of decentralized generation directly at the customers' premises, favoring self-consumption, can bring significant changes for distribution network operation. According to the new Portuguese law, injection of energy into the distribution grid is discouraged since prosumers receive only 90% of the energy cost in the Iberian Energy Market. In order to lower energy bills, the possibility of storing excess energy is being considered as a possible solution. In this paper, an optimization framework is proposed to model the operation of consumers with renewable-based Distributed Generation (DG) and storage capacity and assess their aggregated effect at the level of the MV grid using a multi-temporal Optimal Power Flow (OPF). The proposed algorithm is then tested in a real Portuguese MV network to evaluate its performance. Finally, a financial viability analysis is performed considering the installation of small PV generators and storage devices at the residential level.