Solar prosumage under different pricing regimes: Interactions with the transmission grid
Solar prosumers, residential electricity consumers equipped with photovoltaic (PV) systems and battery storage, are transforming electricity markets. Their interactions with the transmission grid under varying tariff designs are not yet fully understood. We explore the influence of different pricing regimes on prosumer investment and dispatch decisions and their subsequent impact on the transmission grid. Using an integrated modeling approach that combines two open-source dispatch, investment and grid models, we simulate prosumage behavior in Germany's electricity market under real-time pricing or time-invariant pricing, as well as under zonal or nodal pricing. Our findings show that zonal pricing favors prosumer investments, while time-invariant pricing rather hinders it. In comparison, regional solar availability emerges as a larger driver for rooftop PV investments. The impact of prosumer strategies on grid congestion remains limited within the scope of our model-setup, in which home batteries cannot be used for energy arbitrage.
Code (0)
등록된 구현이 없습니다.
Similar Papers 제목 키워드 기반
Prosumage of solar electricity: tariff design, capacity investments, and power system effects
We analyze how tariff design incentivizes households to invest in residential photovoltaic and battery systems, and explore selected power sector effects. To this end, we apply an open-source power system model featuring…
Optimal Storage and Solar Capacity of a Residential Household under Net Metering and Time-of-Use Pricing
Incentive programs and ongoing reduction in costs are driving joint installation of solar PV panels and storage systems in residential households. There is a need for optimal investment decisions to reduce the electricit…
The Impact of Regulation Regime Changes on ChiNext IPOs: Effects of 2013 and 2020 Reforms on Pricing and Overreaction
Since its inauguration, ChiNext has gone through three time periods with two different regulation regimes and three different sets of listing day trading restrictions. This paper studies the impact of regulation regimes …
On the Pricing of Currency Options under Variance Gamma Process
The pricing of currency options is largely dependent on the dynamic relationship between a pair of currencies. Typically, the pricing of options with payoffs dependent on multi-assets becomes tricky for reasons such as t…
ManagementAssessing the optimal contributions of renewables and carbon capture and storage toward carbon neutrality by 2050
Building on the carbon reduction targets agreed in the Paris Agreements, many nations have renewed their efforts toward achieving carbon neutrality by the year 2050. In line with this ambitious goal, nations are seeking …