Abstract
Domestic electricity consumers with PV panels have become known as prosumers; some of them also have energy storage and we have named the combination prosumage. The challenges of renewable intermittency could be offset by storing power, and many engineering studies consider the role and value of storage which is properly integrated into the 'smart grid'. Such a system with holistic optimal control may fail to materialise for regulatory, economic, or behavioural reasons. We therefore model the impact of naive prosumage: households which use storage only to maximise self-consumption of PV, with no consideration of the wider system. We find it is neither economic for arbitrage nor particularly beneficial for shaving peaks and filling troughs in national net demand. The extreme case of renewable self-sufficiency, becoming completely independent of the grid, is still prohibitively expensive in Britain and Germany, and even in a country like Spain with a much better solar resource.
Highlights
Economics of Energy & Environmental Policy towards energy self-sufficiency
The aim of this paper is to examine possible consequences of widespread home energy storage for the electricity market of the future, largely by using a model of the system in Great Britain
Many electricity consumers face no timeof-day signals and cannot respond to them—instead, they may be motivated by the simple desire to maximise their own self-consumption, or the financial signals explored in the pre
Summary
Economics of Energy & Environmental Policy towards energy self-sufficiency. If we add storage to the home, we could perhaps add it to the concept, “prosumage.”. The extreme case of prosumage is self-sufficiency: the consumer produces all the power their home needs and stores it until the time of consumption.
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