Optimizing neighborhood consumption of renewables through clustering and H sub(2) storage: An economic assessment of an Austrian community

Renewable energy sources make the matching of production and storage in the electric grid a major challenge. Aside of introducing additional storage the possibility of on-site consumption of renewable energy is a valid option. The system boundary is not necessarily a single building, but may conside...

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Bibliographic Details
Published in:International Conference on the European Energy Market (Online) 2015-05, p.1-5
Main Authors: Blochle, Max, Zucker, Gerhard, Xypolytou, Evangelia, Leber, Thomas, Pruggler, Wolfgang, Ruhrlinger, Thomas
Format: Article
Language:English
Subjects:
Buildings
Clustering
Construction
Construction costs
Consumers
Consumption
Distributed memory
Economics
Online Access:Get full text
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Summary:Renewable energy sources make the matching of production and storage in the electric grid a major challenge. Aside of introducing additional storage the possibility of on-site consumption of renewable energy is a valid option. The system boundary is not necessarily a single building, but may consider neighborhoods of buildings, which can be clustered in order to maximize use of local generation. Clusters of producers and consumers achieve a higher on-site consumption ratio and thereby show economic advantages. This is shown in a scenario where clustering of consumers connected to common a PV plant increases the discounted cash flow significantly, making it economically viable without subsidies. For additional benefits also the effect of Demand Side Management (DSM), short and long term storages are investigated.
ISSN:2165-4093
DOI:10.1109/EEM.2015.7216716