- Optimization of revenues from a distributed generation portfolio: a case study
- CIRED 2011: 21st International Conference on Electricity Distribution
- Book/source title
- Conference proceedings 21st International Conference and Exhibition on Electricity Distribution: CIRED 2011: Messe Frankfurt, Frankfurt am Main, 6-9 June 2011
- Liège: AIM
- Document type
- Conference contribution
- Faculty of Science (FNWI)
- Informatics Institute (IVI)
Many companies are investing in energy production from renewable energy sources and are looking at ways to optimize their portfolio performance. The case study under consideration aims at maximizing the revenues from such a distributed energy generation portfolio, consisting of gas engines and a PV installation, by actively controlling the available flexibility within a cluster. The gas engines themselves and an on-site water treatment plant turned out to be flexible respectively in their electricity production and consumption. This paper presents the results of two simulation scenarios where each one has a different level of automation and discusses the technical as well as the economic outcomes of the analysis. The study turned out to be positive since there is a viable business case for actively controlling the available flexibility within the cluster.
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