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Characterisation and simulated evaluation of electricity management strategies for Prosumers, Prosumagers, and other end-users.

Authors :
Jiménez, Valentina
González, Jorge
Jimenez, Maritza
Escudero-Atehortua, Ana
Nieto-Londoño, César
Source :
Technology Analysis & Strategic Management. Sep2024, p1-14. 14p. 2 Illustrations.
Publication Year :
2024

Abstract

Distributed photovoltaic generation has been raised as a dependable electricity substitute for implementing a decarbonised energy transition. The dynamics of PV systems with battery storage have led to new electricity end-user classifications that select their electricity systems and resources wisely, i.e. Prosumers and Prosumagers. This work presents a technical and economic assessment to analyse the effect of decision-making independent end-users and electricity management strategies through a novel time-discrete deterministic simulation model. The end-user's choice of battery storage technology and their approach to electricity management emerge as pivotal factors influencing their strategic decisions. Adopting a prosumer strategy, such as storing and selling surplus self-production, reduces the Levelized Cost of Energy (LCOE), benefiting the end-user economically. Notably, the most effective battery storage technology may only sometimes be the one that is most readily available in the market. These findings enhance our understanding of novel end-user types and underscore the practical implications of their evolutionary shift towards independence. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09537325
Database :
Academic Search Index
Journal :
Technology Analysis & Strategic Management
Publication Type :
Academic Journal
Accession number :
179783030
Full Text :
https://doi.org/10.1080/09537325.2024.2405138