WP6 of SYNERGY project has developed a tool-suite targeting Electricity Retailers and Aggregators. This tool-suite is composed by four different but complementary applications aimed at enabling the full exploitation of the flexibility capacity, namely: 1) Portfolio Analytics and Management, 2) Personalized Energy Analytics; 3) Flexibility Analytics and Consumer-Centric DR Optimization, and 4) DR Smart Contract Monitoring, Handling, Settlement and Remuneration Platform. This article will elaborate on first two of these apps.
Portfolio Analytics and Management Application
The Portfolio Analytics and Management Application implements necessary functions to enable retailers and aggregators to provide better and added value services. This application performs a detailed analysis based on the behaviour of a portfolio of customers. Target users gain useful insights to segment customers and enable new strategies to address the energy requirements of a determined portfolio. Dynamic price-based, Demand Side Management strategies, and optimal operation in short and long-term energy markets are examples of the functionalities provided.
The application consists of diverse components hereby described:
The Portfolio Pattern Forecasting Engine is responsible for identifying patterns in the behaviour towards consumers and forecasting energy use. This component provides predictive models that are used by other components of the application.
The Customer Segmentation Engine performs sectorization based on different criteria such as energy-related behaviour patterns, socioeconomic profiles or elasticity-based information. This data is used to gain an understanding on the composition of the customers’ portfolio with respect to a variety of parameters. A set of further analytic-based services is provided to the customers allowing retailers to better position themselves in the various energy markets.
The Wholesale Market Participation Decision Support System uses information provided by the Portfolio Pattern Forecasting Engine and The Customer segmentation Engine to enable dynamic price-based DSM strategies with the final objective of tackling and reducing penalties faced due to deviations in the participation of the energy markets.
The Market Positioning Optimization Tool helps RES generation aggregators to estimate the optimum allocation of the forecasted production in the different short-term energy markets.
The PPA Optimization Tool aids demand aggregators to estimate the optimal sizing of the generation power plant to reduce the price that an energy community would pay once the IRR of the project has been determined.
A version of the application is accessible at https://portfolioanalytics.synergy-bigdata.eu/
Personalized Energy Analytics Application
Personalized Energy Analytics Application implements services to prosumers identified in the Portfolio Analytics and Management Application. On one hand, this application provides enhanced information about energy consumptions, and hints that encourage better behaviours towards more sustainable energy demand patterns. On the other hand, this module provides advanced services for the optimum operation of smart appliances so that a proper balance between comfort and energy-saving can be achieved.
The application consists of two components:
Personalized Energy Analytics Engine oversees obtaining, analysing and presenting to the customers insights of their energy-related behaviour, peer-comparison and energy and cost-saving tips.
Smart Home Integration Engine component implements the functionalities to enable Intelligent control and automation features of Smart Home assets, towards facilitating sustainable and long-term energy behaviours, while reducing the intrusiveness of energy consumers. This component is the umbrella that communicates with the different assets at home and uploads all the monitored data to the SYNERGY platform. The data is merged with demanded data (obtained from the AMI of the corresponding retailer/aggregators) [US1] to build comfort-centric flexibility profiles for each combination of customers and assets.
A version of the application is accessible at https://personalizedanalytics.synergy-bigdata.eu/
In conclusion, the Energy as a Service Tool Suite developed under WP6 of the SYNERGY project comprises four applications, two of which have been explained in this article: Portfolio Analytics and Management, and Personalized Energy Analytics Applications.
Stay tuned for the next article on Flexibility Analytics and Consumer-Centric DR Optimization, and DR Smart Contract Monitoring, Handling, Settlement and Remuneration Platform Applications.
Read more about the SYNERGY Applications: