Community Energy Cooperation with Shared Energy Storage for Economic-Environment Benefits

Community energy management is critical for facilitating the transition towards sustainable and clean smart grids. Energy cooperation techniques with community shared energy storage should be developed to reduce the challenges of distributed energy resources' uncertain and variable nature to a reliable power system. The proposed coordinator-users model involves the coordinator for techno-economic-environment optimization to minimize the community energy cost and carbon dioxide emissions. The end-users, including consumers and prosumers, also can make self-driven decisions to reduce their energy costs and contribute to a low-carbon society. By complementing the model with demand response dissatisfaction cost to evaluate the willingness of the user to participate in the energy cooperation, the techno-economic-environment-satisfaction benefit can be optimized at the community and user level. The effectiveness and superior performance of the proposed model are evaluated with the real-world dataset. The improvements in economic and environmental benefits are significant.