Co-optimizing Behind-The-Meter Resources under Net Metering
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arXiv
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| Hauptverfasser: | , |
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| Format: | Preprint |
| Veröffentlicht: |
2022
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| _version_ | 1866911858468847616 |
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| author | Alahmed, Ahmed S. Tong, Lang |
| author_facet | Alahmed, Ahmed S. Tong, Lang |
| contents | We consider the problem of co-optimizing behind-the-meter (BTM) storage and flexible demands with BTM stochastic renewable generation. Under a generalized net energy metering (NEM) policy-NEM X, we show that the optimal co-optimization policy schedules the flexible demands based on a load priority list that defers less prioritized loads to times when the BTM generation is abundant. This gives rise to the notion of a net-zero zone, which we quantify under different distributed energy resources (DER) compositions. We highlight the special case of inflexible demands that results in a storage policy that minimizes the imports and exports from and to the grid. Comparative statics are provided on the optimal co-optimization policy. Simulations using real residential data show the surplus gains of various customers under different DER compositions. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2212_03311 |
| institution | arXiv |
| publishDate | 2022 |
| record_format | arxiv |
| spellingShingle | Co-optimizing Behind-The-Meter Resources under Net Metering Alahmed, Ahmed S. Tong, Lang Systems and Control We consider the problem of co-optimizing behind-the-meter (BTM) storage and flexible demands with BTM stochastic renewable generation. Under a generalized net energy metering (NEM) policy-NEM X, we show that the optimal co-optimization policy schedules the flexible demands based on a load priority list that defers less prioritized loads to times when the BTM generation is abundant. This gives rise to the notion of a net-zero zone, which we quantify under different distributed energy resources (DER) compositions. We highlight the special case of inflexible demands that results in a storage policy that minimizes the imports and exports from and to the grid. Comparative statics are provided on the optimal co-optimization policy. Simulations using real residential data show the surplus gains of various customers under different DER compositions. |
| title | Co-optimizing Behind-The-Meter Resources under Net Metering |
| topic | Systems and Control |
| url | https://arxiv.org/abs/2212.03311 |