Title :
Economic advantages of applying model predictive control to distributed energy resources: The case of micro-CHP systems
Author :
Houwing, Michiel ; Negenborn, Rudy R. ; De Schutter, Bart
Author_Institution :
Fac. of Technol., Policy & Manage., Delft Univ. of Technol., Delft
Abstract :
The increasing presence of distributed energy resources, information, and intelligence in the electricity infrastructure increases the possibilities for larger economic efficiency of power systems. This work shows the possible cost advantages of applying a model predictive control (MPC) strategy to residential energy systems. MPC can take future information on energy demand and prices into account and might lead to lower energy costs for end consumers. The main objective in this paper is to illustrate the potential for operational cost savings when adopting MPC in the local control of residential energy systems, thereby mainly focusing on micro-combined heat and power (micro-CHP) systems. We conclude that the pricing regime of household energy has a large influence on potential cost savings.
Keywords :
cogeneration; costing; distributed power generation; power system control; power system economics; predictive control; distributed energy resources; economic efficiency; electricity infrastructure; energy demand; household energy; microCHP system; microcombined heat and power; model predictive control; operational cost saving; power system; residential energy system; Control systems; Costs; Economic forecasting; Energy resources; Power generation economics; Power system economics; Power system modeling; Predictive control; Predictive models; Temperature control; Demand response; Distributed energy resources; Energy efficiency; Micro-combined heat and power; Model predictive control; Smart power systems;
Conference_Titel :
Control and Automation, 2008 16th Mediterranean Conference on
Conference_Location :
Ajaccio
Print_ISBN :
978-1-4244-2504-4
Electronic_ISBN :
978-1-4244-2505-1
DOI :
10.1109/MED.2008.4602264