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The phasing out of Feed-in-Tariff has made domestic prosumers reluctant to invest in Renewable Energy Sources in most part of Europe. The limited availability of excess electrical power from domestic prosumers, 4 – 10 kW, does not give them any bargaining power when dealing with energy suppliers or utilities. This paper describes a tool that is being developed under the umbrella of an EU-funded project...
The subsidy feed in tariff policy, which has been adopted in the past few years, for accelerating renewable energy investments, cannot be retained as a sustainable business model for the future smart energy grid. This is mainly due to the fact that this policy increases the energy cost, especially when the amount of the energy generated by renewable sources is not negligible compared to the traditional...
The VIMSEN project, part of the European R&D 7th Framework Programme, started in February 2014. The VIMSEN project aims to develop, implement and demonstrate a new energy management operation and business model using the concept of virtual micrigrids, able to increase the market participation of prosumers at neighbourhood level. The new control system (VIrtual Microgrids for Smart Energy Networks...
Environmental pollution and over-exploitation of non-renewable sources to find energy are current topics for the modern world that is now at having to deal with several issues such as the greenhouse effect, acid rain and climate change. In this study, the economical estimate of the savings in carbon dioxide obtained with a careful management of electrical loads is presented. Four particular scenarios...
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