Ricardo Faia

Dr. Ricardo Faia

Research Group on Intelligent Engineering and Computing for Advanced Innovation and Development (GECAD), Polytechnic of Porto, Rua DR. António Bernardino de Almeida, 431, 4200-072 Porto, Portugal
orcid

Research Focus & Metrics

Academic Career Length

12Years (2015-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

View All Publications
16 November 2023 in Renewable and Sustainable Energy Reviews
Verified
Journal Article
Open access
RFRicardo Faia
Ricardo Faia
FLFernando Lezama
Fernando Lezama
Joao SoaresJoao Soares
Joao Soares
Tiago PintoTiago Pinto
Tiago Pinto
Zita ValeZita Vale
Zita Vale

12 January 2021 in IEEE Access
Verified
Journal Article
Open access
RFRicardo Faia
Ricardo Faia
Joao SoaresJoao Soares
Joao Soares
Tiago PintoTiago Pinto
Tiago Pinto
FLFernando Lezama
Fernando Lezama
Zita ValeZita Vale
Zita Vale
Juan CorchadoJuan Corchado
Juan Corchado
The current energy strategy of the European Union puts the end-user as a key participant in electricity markets. The creation of energy communities has been encouraged by the European Union to increase the penetration of renewable energy and reduce the overall cost of the energy chain. Energy communities are mostly composed of prosumers, which may be households with small-size energy production equipment such as rooftop photovoltaic panels. The local electricity market is an emerging concept that enables the active participation of end-user in the electricity markets and is especially interesting when energy communities are in place. This paper proposes an optimization model to schedule peer-to-peer transactions via local electricity market, grid transactions in retail market, and battery management considering the photovoltaic production of households. Prosumers have the possibility of transacting energy with the retailer or with other consumers in their community. The problem is modeled using mixed-integer linear programming, containing binary and continuous variables. Four scenarios are studied, and the impact of battery storage systems and peer-to-peer transactions is analyzed. The proposed model execution time according to the number of prosumers involved (3, 5, 10, 15, or 20) in the optimization is analyzed. The results suggest that using a battery storage system in the energy community can lead to energy savings of 11-13%. Besides, combining the use of peer-to-peer transactions and energy storage systems can potentially provide energy savings of up to 25% in the overall costs of the community members.

30 April 2019 in Energies
Verified
Journal Article
Open access
PDF file
RFRicardo Faia
Ricardo Faia
Pedro FariaPedro Faria
Pedro Faria
Zita ValeZita Vale
Zita Vale
JSJoão Spinola
João Spinola
Demand response as a distributed resource has proved its significant potential for power systems. It is capable of providing flexibility that, in some cases, can be an advantage to suppress the unpredictability of distributed generation. The ability for participating in demand response programs for small or medium facilities has been limited; with the new policy regulations this limitation might be overstated. The prosumers are a new entity that is considered both as producers and consumers of electricity, which can provide excess production to the grid. Moreover, the decision-making in facilities with different generation resources, energy storage systems, and demand flexibility becomes more complex according to the number of considered variables. This paper proposes a demand response optimization methodology for application in a generic residential house. In this model, the users are able to perform actions of demand response in their facilities without any contracts with demand response service providers. The model considers the facilities that have the required devices to carry out the demand response actions. The photovoltaic generation, the available storage capacity, and the flexibility of the loads are used as the resources to find the optimal scheduling of minimal operating costs. The presented results are obtained using a particle swarm optimization and compared with a deterministic resolution in order to prove the performance of the model. The results show that the use of demand response can reduce the operational daily cost.

13 November 2018 in IEEE Systems Journal
Verified
Journal Article
Open access
Tiago PintoTiago Pinto
Tiago Pinto
RFRicardo Faia
Ricardo Faia
MNMaria Navarro-Caceres
Maria Navarro-Caceres
GSGabriel Santos
Gabriel Santos
Juan CorchadoJuan Corchado
Juan Corchado
Zita ValeZita Vale
Zita Vale

3 September 2015 in IEEE Transactions on Neural Networks and Learning Systems
Verified
Journal Article
Closed access
Tiago PintoTiago Pinto
Tiago Pinto
Hugo MoraisHugo Morais
Hugo Morais
TSTiago M. Sousa
Tiago M. Sousa
TSTiago Sousa
Tiago Sousa
Zita ValeZita Vale
Zita Vale
EPE. J. Solteiro Pires
E. J. Solteiro Pires
The increase of distributed energy resources, mainly based on renewable sources, requires new solutions that are able to deal with this type of resources' particular characteristics (namely, the renewable energy sources intermittent nature). The smart grid concept is increasing its consensus as the most suitable solution to facilitate the small players' participation in electric power negotiations while improving energy efficiency. The opportunity for players' participation in multiple energy negotiation environments (smart grid negotiation in addition to the already implemented market types, such as day-ahead spot markets, balancing markets, intraday negotiations, bilateral contracts, forward and futures negotiations, and among other) requires players to take suitable decisions on whether to, and how to participate in each market type. This paper proposes a portfolio optimization methodology, which provides the best investment profile for a market player, considering different market opportunities. The amount of power that each supported player should negotiate in each available market type in order to maximize its profits, considers the prices that are expected to be achieved in each market, in different contexts. The price forecasts are performed using artificial neural networks, providing a specific database with the expected prices in the different market types, at each time. This database is then used as input by an evolutionary particle swarm optimization process, which originates the most advantage participation portfolio for the market player. The proposed approach is tested and validated with simulations performed in multiagent simulator of competitive electricity markets, using real electricity markets data from the Iberian operator-MIBEL.

1 November 2017 in Energy and Buildings
Verified
Journal Article
Open access
RFRicardo Faia
Ricardo Faia
Tiago PintoTiago Pinto
Tiago Pinto
Omid AbrishambafOmid Abrishambaf
Omid Abrishambaf
FFFilipe Fernandes
Filipe Fernandes
Zita ValeZita Vale
Zita Vale
JCJuan Manuel Corchado
Juan Manuel Corchado