Master's assignment
Student: Yifan Shi
Supervisor: Victor Reijnders
Programme: Sustainable Energy Technology - University of Twente
Finished: October 2019
With Gridflex Heeten, the consortium partners want to develop an inventive business case for the local energy market, or in other words, to create a reproducible market model which will benefit the environment and society. According to the original wish, the project goal is: to achieve the optimal matching of energy demand and supply with the help of local, sustainable generation and local storage.
Achieving the goal means:
- Local energy is traded locally to keep the revenues in the region and to influence the energy price.
- Providing consumers with insight into their consumption so that they can take savings measures themselves.
- Creating energy management systems containing control algorithms, such as “peak shaving” users’ PV panels and battery system.
Tasks:
- Literature research for battery type.
- Research on energy trading market.
- Research on electricity balancing market.
- Control algorithm design for the local market.
- Simulation test. (integrating into DEMkit)