Nanogrids for Home Application in a Power Cloud framework

Thanks to recent innovations driven by European Union and national policies, lately it has been possible to see the realization of effective renewable energy technologies, for both large and small-scale use, alongside considerable cost reductions for customers. As a result, businesses and households can increasingly produce and consume, some or all, their own electricity, either instantaneously or in a deferred manner through decentralized storage, behind the connection point with the grid (i.e. the meter). In such a way, it is possible to maximize self-consumption in order to increase their efficiency of energy use and reduce their exposure to electricity prices. In the paper, the use of the so-called Nanogrid for Home Application is proposed to achieve the result of the self-consumption maximization. Moreover, a framework of exchanging energy among Prosumers (Power Cloud) is illustrated to promote the use of Nanogrids for Home Applications.