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Distributed Generation (DG) is a sustainable alternative energy paradigm that allows flexible customer-participated demand response management, however when coupled with battery storage in a carbon costed policy setting true reduction of greenhouse gas emissions may not necessarily be rewarded. This paper examines the role of policy settings using an established multi-agent simulation framework that...
The paper suggests a self-sustainable energy model for academic institutions using solar power. This model is proposed based on a study carried out for Indian Institute of Management Kozhikode. The model results suggest that significant economic and environmental gains are achieved over a sustained period of time. This model can be replicated across other academic institutions that have similar amount...
Traditionally, reserves are deployed on generation side. As load demands increase greatly and carbon emission cap policy is implemented, reserve market will suffer from both poor reserve resources and extreme price strike. In this paper, a novel philosophy is presented which is called demand side reserve (DSR) based on demand response (DR) considering carbon emission trading (CET) under smart grid...
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