RAMP: Impact of rule based aggregator business model for residential microgrid of prosumers including distributed energy resources

This paper discusses an economically profitable way to deploy a residential microgrid incorporating a new market entity “residential aggregator” between the prosumers and the Utility. In this residential microgrid, the residential aggregators will have better negotiating capabilities (e.g. in the DR programs) in the electricity market and therefore will be… CONTINUE READING