Journal paper on the incentive design on grid flexibility provision from residential dwellings accepted for publication

The paper entitled “Multi-timescale management models for distributed energy resources and a two-stage incentive design for demand-side grid flexibility provision” has been accepted for publication in Sustainable Energy, Grids and Networks (IF 4.8 as of Feb. 2025). The paper was first authored by Kaishiro Ikuta (M2) and was written based on his first two years of study (from undergraduate to first year of postgraduate program). The main topic of the paper is on the incentive design for grid flexibility provision from residential dwellings using distributed energy resources (DERs). The paper proposed a new scheme that sets range of incentive on the day-ahead stage, adjusts the value of incentive within the range on the hour-ahead stage. The effectiveness of the proposed scheme was evaluated by using a newly developed multi-time scale simulation model that can simulate day-ahead, hour-ahead, and real-time stages. Further studies include more detailed analyses such as optimal values of incentives or characteristics of DERs installed in the dwellings. The obtained insights will contribute to the realization of carbon-neutral society by providing a solution to issues on integrating variable renewable energy sources. The link to the paper is here.

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