Value creation and sharing methods in household energy communities

Marius Baranauskas; Antti Keski-Koukkari; Poria Astero; Amir Safdarian; Anna Kulmala

doi:10.1109/PESGRE52268.2022.9715888

Value creation and sharing methods in household energy communities

Marius Baranauskas
, Antti Keski-Koukkari
, Poria Astero
, Amir Safdarian
, Anna Kulmala

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

1 Citation (Scopus)

Abstract

Energy community creates value by aggregating the demand and supply profiles of neighbouring prosumers. The value must be shared fairly while not discouraging new members from joining the energy community. This paper presents an approach for modelling the value of energy community as well as several value sharing methods. A model energy community is simulated based on a yearlong historical data of six household prosumers. The energy community was investigated in terms of self-sufficiency, self-consumption and value cause distribution. The case study highlighted the drawbacks of conventional value sharing methods. An adjusted marginal contribution or Shapley methods are suggested to provide most fair and practical value distribution.

Original language	English
Title of host publication	IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022
Publisher	IEEE Institute of Electrical and Electronic Engineers
Number of pages	8
ISBN (Electronic)	978-1-66544-837-6
DOIs	https://doi.org/10.1109/PESGRE52268.2022.9715888
Publication status	Published - 2022
MoE publication type	A4 Article in a conference publication
Event	2022 IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022 - Virtual, Trivandrum, India Duration: 2 Jan 2022 → 5 Jan 2022

Conference

Conference	2022 IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022
Abbreviated title	PESGRE 2022
Country/Territory	India
City	Virtual, Trivandrum
Period	2/01/22 → 5/01/22

Funding

This work was supported by Academy of Finland under project DisMa (Distributed management of electricity system), funding decision 323696, and by Business Finland under project ProCemPlus (Prosumer Centric Energy Communities - towards Energy Ecosystem), funding decision 8211/31/2018.

Keywords

distributed renewable energy resources
energy community
marginal contribution rule
Shapley's rule
value sharing methods

Access to Document

10.1109/PESGRE52268.2022.9715888

Cite this

@inproceedings{f8296f1c71c74bf8a8c0ef2fe9e7ee70,

title = "Value creation and sharing methods in household energy communities",

abstract = "Energy community creates value by aggregating the demand and supply profiles of neighbouring prosumers. The value must be shared fairly while not discouraging new members from joining the energy community. This paper presents an approach for modelling the value of energy community as well as several value sharing methods. A model energy community is simulated based on a yearlong historical data of six household prosumers. The energy community was investigated in terms of self-sufficiency, self-consumption and value cause distribution. The case study highlighted the drawbacks of conventional value sharing methods. An adjusted marginal contribution or Shapley methods are suggested to provide most fair and practical value distribution.",

keywords = "distributed renewable energy resources, energy community, marginal contribution rule, Shapley's rule, value sharing methods",

author = "Marius Baranauskas and Antti Keski-Koukkari and Poria Astero and Amir Safdarian and Anna Kulmala",

note = "Funding Information: This work was supported by Academy of Finland under project DisMa (Distributed management of electricity system), funding decision 323696, and by Business Finland under project ProCemPlus (Prosumer Centric Energy Communities - towards Energy Ecosystem), funding decision 8211/31/2018. ; 2022 IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022, PESGRE 2022 ; Conference date: 02-01-2022 Through 05-01-2022",

year = "2022",

doi = "10.1109/PESGRE52268.2022.9715888",

language = "English",

booktitle = "IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022",

publisher = "IEEE Institute of Electrical and Electronic Engineers",

address = "United States",

}

Baranauskas, M, Keski-Koukkari, A, Astero, P, Safdarian, A & Kulmala, A 2022, Value creation and sharing methods in household energy communities. in IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022. IEEE Institute of Electrical and Electronic Engineers, 2022 IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022, Virtual, Trivandrum, India, 2/01/22. https://doi.org/10.1109/PESGRE52268.2022.9715888

Value creation and sharing methods in household energy communities. / Baranauskas, Marius; Keski-Koukkari, Antti; Astero, Poria et al.
IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022. IEEE Institute of Electrical and Electronic Engineers, 2022.

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

TY - GEN

T1 - Value creation and sharing methods in household energy communities

AU - Baranauskas, Marius

AU - Keski-Koukkari, Antti

AU - Astero, Poria

AU - Safdarian, Amir

AU - Kulmala, Anna

N1 - Funding Information: This work was supported by Academy of Finland under project DisMa (Distributed management of electricity system), funding decision 323696, and by Business Finland under project ProCemPlus (Prosumer Centric Energy Communities - towards Energy Ecosystem), funding decision 8211/31/2018.

PY - 2022

Y1 - 2022

N2 - Energy community creates value by aggregating the demand and supply profiles of neighbouring prosumers. The value must be shared fairly while not discouraging new members from joining the energy community. This paper presents an approach for modelling the value of energy community as well as several value sharing methods. A model energy community is simulated based on a yearlong historical data of six household prosumers. The energy community was investigated in terms of self-sufficiency, self-consumption and value cause distribution. The case study highlighted the drawbacks of conventional value sharing methods. An adjusted marginal contribution or Shapley methods are suggested to provide most fair and practical value distribution.

AB - Energy community creates value by aggregating the demand and supply profiles of neighbouring prosumers. The value must be shared fairly while not discouraging new members from joining the energy community. This paper presents an approach for modelling the value of energy community as well as several value sharing methods. A model energy community is simulated based on a yearlong historical data of six household prosumers. The energy community was investigated in terms of self-sufficiency, self-consumption and value cause distribution. The case study highlighted the drawbacks of conventional value sharing methods. An adjusted marginal contribution or Shapley methods are suggested to provide most fair and practical value distribution.

KW - distributed renewable energy resources

KW - energy community

KW - marginal contribution rule

KW - Shapley's rule

KW - value sharing methods

UR - https://www.scopus.com/pages/publications/85127075554

U2 - 10.1109/PESGRE52268.2022.9715888

DO - 10.1109/PESGRE52268.2022.9715888

M3 - Conference article in proceedings

AN - SCOPUS:85127075554

BT - IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022

PB - IEEE Institute of Electrical and Electronic Engineers

T2 - 2022 IEEE International Conference on Power Electronics, Smart Grid, and Renewable Energy, PESGRE 2022

Y2 - 2 January 2022 through 5 January 2022

ER -

Value creation and sharing methods in household energy communities

Abstract

Conference

Funding

Keywords

Access to Document

Other files and links

Fingerprint

DisMa: Distributed management of electricity system

ProCemPlus: Prosumer Centric Energy Communities – towards Energy Ecosystem

Cite this

Value creation and sharing methods in household energy communities

Abstract

Conference

Funding

Keywords

Access to Document

Other files and links

Fingerprint

Projects

DisMa: Distributed management of electricity system

ProCemPlus: Prosumer Centric Energy Communities – towards Energy Ecosystem

Cite this