The use of data from residential smart meters can help in the management and control of distribution grids. This provides significant benefits to electricity retailers as well as distribution system operators but raises important questions related to the privacy of consumers' information. In this article, an innovative differential privacy (DP) compliant algorithm is developed to ensure that the data from consumer's smart meters are protected. The effects of this novel algorithm on the operation of the distribution grid are thoroughly investigated not only from a consumer's electricity bill point of view but also from a power systems point of view. This method allows for an empirical investigation into the losses, power quality issues, and extra costs that such a privacy-preserving mechanism may introduce to the system. In addition, severalcost allocation mechanisms based on the cooperative game theory are used to ensure that the extra costs are divided among the participants in a fair, efficient, and equitable manner. Overall, the comprehensive results show that the approach provides privacy preservation in line with the consumer's preferences and does not lead to significant cost or loss increases for the energy retailer. In addition, the novel algorithm is computationally efficient and performs very well with a large number of consumers, thus demonstrating its scalability.

Virtual Power Plants (VPP) have emerged as a way to coordinate and control the growing number of Distributed Energy Resources (DERs) within power systems. Typically, VPP models have focused on financial or commercial outcomes and have not considered the technical constraints of the distribution system. The objective of this paper is the development of a technical VPP (TVPP) operational model to optimize the scheduling of a diverse set of DERs operating in a day-ahead energy market, considering grid management constraints. The effects on network congestion, voltage profiles and power losses are presented and analyzed. In addition, the thermal comfort of the consumers is considered and the trade-offs between comfort, costs and technical constraints are presented. The model quantifies and allocates the benefits of the DER operation to the owners in a fair and efficient manner using the Vickrey Clarke Grove mechanism. This paper develops a stochastic mixed-integer linear programming (MILP) model and various case studies are thoroughly examined on the IEEE 119 bus test system. Results indicate that electric vehicles provide the largest marginal contribution to the TVPP, closely followed by solar PV units. Also, the results show that the operations of the TVPP improve financial metrics and increase consumer engagement while improving numerous technical operational metrics. The proposed TVPP model is shown to improve the ability of the system to incorporate DERs, including those from commercial buildings.

Emerging technologies are helping to accelerate the ongoing energy transition. At the forefront of these new technologies is blockchain, which has the potential to disrupt energy trading markets. This article explores this potential by presenting an innovative multilevel transactive energy (TE) optimization model for the scheduling of distributed energy resources (DERs) within connected virtual power plants (VPPs). The model allows for energy transactions within a given VPP as well as between connected VPPs. A blockchain-based smart contract layer is applied on top of the TE optimization model to automate and record energy transactions. The model is formulated to adhere to the new regulations for the self-generation and self-consumption of energy in Portugal. This new set of regulations can ease barriers to entry for consumers and increase their active participation in energy markets. Results show a decrease in energy costs for consumers and increased generation of locally produced electricity. This model shows that blockchain-based smart contracts can be successfully integrated into a hierarchical energy trading model, which respects the novel energy regulation. This combination of technologies can be used to increase consumer participation, lower energy bills, and increase the penetration of locally generated electricity from renewable energy sources.

There is a growing need for increased flexibility in modern power systems. Traditionally, this flexibility has been provided by supply-side technologies. There has been an increase in the research surrounding flexibility services provided by demand-side actors and technologies, especially flexibility services provided by prosumers (those customers who both produce and consume electricity). This work gathers 1183 peer-reviewed journal articles concerning the topic and uses them to identify the current state of the art. This body of literature was analysed with two leading textual and scientometric analysis tools, SAS© Visual Text Analytics and VOSviewer, in order to provide a detailed understanding of the current state-of-the-art research on prosumer flexibility. Trends, key ideas, opportunities and challenges were identified and discussed.