An Exchange Mechanism to Coordinate Flexibility in Residential Energy Cooperatives

  title={An Exchange Mechanism to Coordinate Flexibility in Residential Energy Cooperatives},
  author={Shantanu Chakraborty and Pablo Hernandez-Leal and Michael Kaisers},
  journal={2019 IEEE International Conference on Industrial Technology (ICIT)},
Energy cooperatives (ECs) such as residential and industrial microgrids have the potential to mitigate increasing fluctuations in renewable electricity generation, but only if their joint response is coordinated. However, the coordination and control of independently operated flexible resources (e.g., storage, demand response) imposes critical challenges arising from the heterogeneity of the resources, conflict of interests, and impact on the grid. Correspondingly, overcoming these challenges… 

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