Decentralized Equitable Energy Access in Energy Communities

We address the issue of equitable energy access within an energy community consisting of members with diverse socioeconomic backgrounds, including varying income levels and differing capacities to access distributed energy resources such as solar power and storage systems. While optimal energy consu...

Full description

Saved in:
Bibliographic Details
Main Authors Li, Siying, Mount, Timothy Douglas, Tong, Lang
Format Journal Article
LanguageEnglish
Published 05.10.2024
Subjects
Online AccessGet full text
DOI10.48550/arxiv.2410.04300

Cover

Loading…
More Information
Summary:We address the issue of equitable energy access within an energy community consisting of members with diverse socioeconomic backgrounds, including varying income levels and differing capacities to access distributed energy resources such as solar power and storage systems. While optimal energy consumption scheduling is well-studied, integrating equity into decentralized real-time energy access remains under-explored. This paper formulates Equity-regarding Welfare Maximization (EqWM)--a welfare optimization energy scheduling subject to equity constraints. We further develop a decentralized implementation (D-EqWM) as a bi-level optimization, where a non-profit operator designs a community pricing policy aimed at maximizing overall welfare, subject to constraints that ensure equitable access. Community members, in turn, optimize their individual consumption based on these prices. We present the optimal pricing policy along with its key properties.
DOI:10.48550/arxiv.2410.04300