Peer to Peer Sharing of Distributed Energy Resources

As the penetration of distributed energy resources in the residential sector increases, the scope for sharing arrangements expands. We model a peer-to-peer rental market for rooftop solar and energy storage in the residential sector, with households seeking to minimize their electricity costs. For varying adoption levels, we characterize the market rental price, quantity, and participation rate. We find that up to 15% adoption, the peer-to-peer market generates a surplus comparable to that attainable though a centralized sharing model. The peer-to-peer market can incentivize an increase in total adoption in the long run. We find that direct subsidies would be a cheaper way to increase adoption if enabling the peer-to-peer market increases distribution grid costs by more than a few percent. This cost increase would be related to how locally the peer-to-peer market can match renters and owners. We compute metrics of this localness and find that the market clears quite locally for a wide range of adoption rates

Cloud Storage for Multi-Service Battery Operation (Extended Version)

Electrical batteries are able to provide a wide range of services to the electricity system. However, the main barrier to their development is the cost, which can be overcome by the provision of multiple services. This paper proposes a multi-service framework where large-scale batteries are shared between different users and use cases by defining operational metrics such as multiplexing gain and probability of blocking. We apply this framework to the specific case of sharing a battery between two services: grid congestion management and Cloud Storage for households. The proposed Cloud Storage service allows end users to have access to virtual storage capacities, while taking advantage of the flexibility of cloud services. An empirical analysis of this model based on a large set of household consumption data in California and a real grid use case from the French Transmission System Operator (RTE) evaluates the economic value of multi-service batteries providing Cloud Storage and grid congestion management