Paper Info
Title
The effect of ramp constraints on coalitional storage games.
Abstract
Energy storage systems (ESS) are envisaged as a solution to a vast number of problems in Smart Grids, yet their prices are hindering a massive adoption at residential level. To facilitate such massive deployments, we propose the shared investment in a battery among a group of consumers. We obtain conditions under which such collective purchase is profitable and show that the earnings that can be obtained by a community are directly linked to key properties of the battery, ramp constraints in particular, and individual intraday consumption profiles. This is achieved by modeling the investment problem using cooperative game theory. For an extensive class of relevant games, we provide theoretical results guaranteeing the existence of a non-empty core, i.e., a set of payoffs across consumers that are stable against the formation of sub-coalitions. Empirical validation of the results is carried with real consumption data from Pecan Street and characteristics of typical batteries available on the market.
Year
DOI
Venue
2019
10.1145/3307772.3328300
E-ENERGY'19: PROCEEDINGS OF THE 10TH ACM INTERNATIONAL CONFERENCE ON FUTURE ENERGY SYSTEMS
Keywords
Field
DocType
Smart Grid,Local energy storage,Shared Investment,Cooperative game theory
Energy storage,Earnings,Smart grid,Computer science,Cooperative game theory,Battery (electricity),Environmental economics
Conference
Citations 
PageRank 
References 
2
0.44
0
Authors
3
Name
Order
Citations
PageRank
Diego Kiedanski130.82
Ariel Orda22595351.94
Daniel Kofman391.13