As the Fall semester at Cornell kicks in, I look back at the summer marathon I had. Below, I am sharing the main highlights of my full-packed and fruitful summer.
1. I finished my internship at The Brattle Group, Boston, MA as a Summer Associate in the Electricity Practice Area.
a. At Brattle I worked with Dr. Sanem Sergici on problems related to i) Net Energy Metering (NEM) policy evolution, b) Electric vehicles adoptions patterns, focussing on higher locational granularity, and c) innovative bill affordability program designs. I was both happy and lucky to learn from and exchange ideas with experts and bright minds at Brattle.
3. Completed and arXived a new manuscript on “Co-optimizing Distributed Energy Resources in Linear Complexity under Net Energy Metering“.
a. The paper can be accessed at: arXiv.
b. The paper’s abstract is given below:
The co-optimization of behind-the-meter distributed energy resources is considered for residential and commercial prosumers. The distributed energy resources include renewable generations, flexible demands, and battery storage. An energy management system schedules the consumptions and battery storage based on locally available stochastic renewables by maximizing the expected operation surplus under the net energy metering tariff. A stochastic dynamic programming formulation is introduced for which structural properties of the dynamic optimization are derived. A closed-form scheduling of co-optimized consumption and storage is proposed, which achieves optimality when the storage capacity constraint is nonbinding. The closed-form solution results in a linear-complexity storage-consumption co-optimization that can be implemented in a decentralized fashion. The economic benefits of the prosumers and the distribution system operator are evaluated in numerical simulations.
