An innovative approach to manage prosumers in smart grid

Smart Grid (SG) achieves bidirectional energy and information flow between the energy user and the utility grid, allowing energy users not only to consume energy, but also to generate the energy and share with the utility grid or with other energy consumers. This type of energy user is called the &q...

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Main Authors: Rathnayaka, Dinusha, Potdar, Vidyasagar, Kuruppu, S.
Other Authors: Charles A Shoniregun
Format: Conference Paper
Published: Springer 2011
Subjects:
Online Access:http://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=6114211
http://hdl.handle.net/20.500.11937/17129
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author Rathnayaka, Dinusha
Potdar, Vidyasagar
Kuruppu, S.
author2 Charles A Shoniregun
author_facet Charles A Shoniregun
Rathnayaka, Dinusha
Potdar, Vidyasagar
Kuruppu, S.
author_sort Rathnayaka, Dinusha
building Curtin Institutional Repository
collection Online Access
description Smart Grid (SG) achieves bidirectional energy and information flow between the energy user and the utility grid, allowing energy users not only to consume energy, but also to generate the energy and share with the utility grid or with other energy consumers. This type of energy user is called the "prosumer". The sustainability of the SG energy sharing process depends on its participating prosumers. Hence the prosumer management schemes are crucial within the energy sharing field. However, the existing literature on SG energy sharing has shown little attention on prosumer participation and management. The contribution of this paper is twofold. First we critically analyze the prosumer management schemes used by existing approaches and identify the open research issues. Second, we introduce a novel concept to manage the prosumers in the form of goal oriented virtual prosumer-communities and we discuss the aspects of prosumer-community formation, growth and overall management. The main significance of this approach is that the prosumer-communities facilitate the prosumers with similar interest to join together and increase the quantity of energy to be auctioned to the SG and accordingly increase the bargaining power in the energy market. In addition, the prosumer communities can attain more sustainable energy sharing process in long-term.
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institution Curtin University Malaysia
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publishDate 2011
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spelling curtin-20.500.11937-171292023-01-27T05:26:31Z An innovative approach to manage prosumers in smart grid Rathnayaka, Dinusha Potdar, Vidyasagar Kuruppu, S. Charles A Shoniregun Paul Hofmann smart grid bargaining power sustainability prosumer-community energy sharing prosumer Smart Grid (SG) achieves bidirectional energy and information flow between the energy user and the utility grid, allowing energy users not only to consume energy, but also to generate the energy and share with the utility grid or with other energy consumers. This type of energy user is called the "prosumer". The sustainability of the SG energy sharing process depends on its participating prosumers. Hence the prosumer management schemes are crucial within the energy sharing field. However, the existing literature on SG energy sharing has shown little attention on prosumer participation and management. The contribution of this paper is twofold. First we critically analyze the prosumer management schemes used by existing approaches and identify the open research issues. Second, we introduce a novel concept to manage the prosumers in the form of goal oriented virtual prosumer-communities and we discuss the aspects of prosumer-community formation, growth and overall management. The main significance of this approach is that the prosumer-communities facilitate the prosumers with similar interest to join together and increase the quantity of energy to be auctioned to the SG and accordingly increase the bargaining power in the energy market. In addition, the prosumer communities can attain more sustainable energy sharing process in long-term. 2011 Conference Paper http://hdl.handle.net/20.500.11937/17129 http://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=6114211 Springer fulltext
spellingShingle smart grid
bargaining power
sustainability
prosumer-community
energy sharing
prosumer
Rathnayaka, Dinusha
Potdar, Vidyasagar
Kuruppu, S.
An innovative approach to manage prosumers in smart grid
title An innovative approach to manage prosumers in smart grid
title_full An innovative approach to manage prosumers in smart grid
title_fullStr An innovative approach to manage prosumers in smart grid
title_full_unstemmed An innovative approach to manage prosumers in smart grid
title_short An innovative approach to manage prosumers in smart grid
title_sort innovative approach to manage prosumers in smart grid
topic smart grid
bargaining power
sustainability
prosumer-community
energy sharing
prosumer
url http://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=6114211
http://hdl.handle.net/20.500.11937/17129