Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5475600 | Energy | 2017 | 30 Pages |
Abstract
This paper considers cost allocation in networks where agents are characterized by stochastic demand and supply of a non-storable good, e.g. green energy. The grid itself creates possibilities of exchanging energy between agents and we propose to allocate common costs in proportion to the economic gain of being part of the grid. Our model includes a set of fundamental requirements for the associated trading platform. In particular, it is argued that a suitable mechanism deviates from a traditional market. The approach is illustrated by simulations.
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Jens Leth Hougaard, Dorte Kronborg, Aleksandrs Smilgins,