A Mycorrhizal Model for Transactive Solar Energy Markets with Battery Storage

TR Number

Date

2023-05-13

Journal Title

Journal ISSN

Volume Title

Publisher

MDPI

Abstract

Distributed market structures for local, transactive energy trading can be modeled with ecological systems, such as mycorrhizal networks, which have evolved to facilitate interplant carbon exchange in forest ecosystems. However, the complexity of these ecological systems can make it challenging to understand the effect that adopting these models could have on distributed energy systems and the magnitude of associated performance parameters. We therefore simplified and implemented a previously developed blueprint for mycorrhizal energy market models to isolate the effect of the mycorrhizal intervention in allowing buildings to redistribute portions of energy assets on competing local, decentralized marketplaces. Results indicate that the applied mycorrhizal intervention only minimally affects market and building performance indicators—increasing market self-consumption, decreasing market self-sufficiency, and decreasing building weekly savings across all seasonal (winter, fall, summer) and typological (residential, mixed-use) cases when compared to a fixed, retail feed-in-tariff market structure. The work concludes with a discussion of opportunities for further expansion of the proposed mycorrhizal market framework through reinforcement learning as well as limitations and policy recommendations considering emerging aggregated distributed energy resource (DER) access to wholesale energy markets.

Description

Keywords

transactive energy, wholesale energy markets, distributed energy resources, distributed ledgers, blockchain, bio-inspired computing, bio-inspired design, ecological modeling, multi-agent systems, mycorrhizal networks

Citation

Gould, Z.M.I.; Mohanty, V.; Reichard, G.; Saad, W.; Shealy, T.; Day, S. A Mycorrhizal Model for Transactive Solar Energy Markets with Battery Storage. Energies 2023, 16, 4081.