Economic advantages of applying model predictive control to distributed energy resources: The case of micro-CHP systems

@article{Houwing2008EconomicAO,
  title={Economic advantages of applying model predictive control to distributed energy resources: The case of micro-CHP systems},
  author={Michiel Houwing and R. R. Negenborn and Bart De Schutter},
  journal={2008 16th Mediterranean Conference on Control and Automation},
  year={2008},
  pages={1550-1555}
}
The increasing presence of distributed energy resources, information, and intelligence in the electricity infrastructure increases the possibilities for larger economic efficiency of power systems. This work shows the possible cost advantages of applying a model predictive control (MPC) strategy to residential energy systems. MPC can take future information on energy demand and prices into account and might lead to lower energy costs for end consumers. The main objective in this paper is to… CONTINUE READING

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