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A value sharing method for heterogeneous energy communities archetypes
Adela Bâra1, Simona-Vasilica Oprea1
1Bucharest University of Economic Studies, Department of Economic Informatics and Cybernetics, no. 6 Piaţa Romană, 010374 Bucharest, Romania.
Iscience
|January 11, 2024
Summary
A new value sharing method fairly distributes energy community benefits based on individual contributions. This approach optimizes revenue allocation and enhances community self-sufficiency.
Area of Science:
- Renewable Energy Systems
- Energy Economics
- Smart Grids
Background:
- Energy communities (ECs) are emerging models for decentralized energy generation and consumption.
- Fair distribution of economic value within ECs is crucial for member engagement and system sustainability.
- Existing value sharing methods often lack a nuanced approach to individual member contributions.
Purpose of the Study:
- To propose and evaluate a novel value sharing (VS) method for energy communities.
- To ensure equitable distribution of economic surplus or deficit based on member-specific load-generation profiles.
- To develop a decision-making framework for optimizing EC strategy through a combined fairness and self-sufficiency objective.
Main Methods:
- Developed a novel value sharing (VS) algorithm considering individual load-generation profiles.
- Quantified value distribution based on contributions to EC revenue (surplus) or costs (deficit).
- Employed the fairness index (FI) for comparative analysis of allocation methods and integrated it into an objective function with the self-sufficiency index.
Main Results:
- The proposed VS method demonstrated a high fairness index (FI) ranging from 0.81 to 1.
- Members contributing to EC revenue received a higher share, while those with high demand received a lower share.
- The integrated objective function provides a flexible strategy for ECs, balancing fairness and self-sufficiency.
Conclusions:
- The novel VS method offers a fair and efficient mechanism for distributing economic value in energy communities.
- The approach effectively incentivizes members to contribute positively to the EC's financial performance.
- The developed methodology supports strategic decision-making for enhancing both the economic viability and self-sufficiency of energy communities.
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