The need for accurate balancing in electricity markets and a larger integration of renewable sources of electricity require accurate forecasts of electricity loads in residential buildings. In this paper, we consider the problem of short-term (one-day ahead) forecasting of the electricity-load consumption in residential buildings. In order to generate such forecasts, historical electricity consumption data... Continue Reading →
RL-based Optimization in Battery Pools for DA flexibility
Recently, I published a paper on marketing energy flexibility, available in groups of Photovoltaic (PV)-battery-storage systems, in the Day-ahead (whole-sale) electricity market. This paper is part of the Flex+ project: https://www.flexplus.at/. Such optimization problem consists of two subproblems: a) which amounts of energy should we trade over the next day (usually in 15min granularity), b)... Continue Reading →
A recently published article in boerse-express.com discusses our research at Software Competence Center Hagenberg for green energy in the Flex+ project. The full article can be found here: https://boerse-express.com/news/articles/datengetriebene-forschung-fuer-gruene-energie-157541
Electricity Demand Response using the Day-ahead market
Recently, and as part of the Flex+ FFG Project in Austria, we have conducted research with respect to the energy exchange that Photovoltaic-Battery systems (usually available in residential buildings) can provide to the Day-ahead electricity market (in the form of 15-min interval schedules). The results of this research have now been published at the Energy... Continue Reading →
The Flex+ project
Flex+ aims at the development of concepts and methodologies for direct control of flexibility components in groups of residential buildings. Such flexibility components may include technologies such as heat pumps, boilers, battery-storage systems or electric vehicles. In particular, an aggregator is responsible for directly controlling one or more of these technologies and optimizes the amount... Continue Reading →
DC Microgrids and the Virtues of Local Electricity
I would like to draw attention to a recent article in the IEEE Spectrum regarding the increasing potential of DC Microgrids in the future electricity networks posted by Rajendra Singh & Krishna Shenai on Feb 6th, 2014 (link) The following paragraph summarizes the main message from this article: "With the decreasing cost of electricity generated... Continue Reading →







