Gaming beyond the Copper Plate
Scheduling flexible consumption and decentralised generation
within distribution constraints
As the share of renewable energy sources increases, electricity prices and
thus consumption will become more weather-dependent.
Current markets and regulations assume the
network to be like a copper plate, obliging network operators to facilitate
any market transaction at any cost.
We develop a novel approach to congestion management by efficiently
scheduling flexible loads of multiple
customers within the capacity constraints of the local energy networks,
exploiting stochastic information on generation and consumption.
For this purpose we develop new planning approaches,
combining plans for different horizons and temporal resolutions, and
exploiting hierarchy, all under such incentive constraints.