“Prosumage” and the British electricity market
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Published version
Author(s)
Green, RJ
Staffell, IL
Type
Journal Article
Abstract
Domestic
electricity consumers with PV panels have become known as “prosumers”; some of them
also have energy storage and we have named the combination “prosumage”. T
he challenges of
renewable intermittency
could be offset by storing power, and m
any engineering st
udies consider
the role and value of storage which is properly integrated into the ‘smart grid’. Such a system with
holistic optimal control may fail to materialise for regulatory, economic, or behavioural reasons.
We
therefore model the impact of naïve prosumage: households which use storage only to maximise
self-
consumption of PV, with no consideration of the wider system. We find it is neither
economic
for arbitrage nor particularly beneficial for shaving peaks and filling troughs in national net demand.
The extreme case of renewable self
-sufficiency, becoming completely independent of the grid, is still
prohibitively
expensive in Britain and Germany, and even
in
a country like Spain
with a much better
solar resource
.
electricity consumers with PV panels have become known as “prosumers”; some of them
also have energy storage and we have named the combination “prosumage”. T
he challenges of
renewable intermittency
could be offset by storing power, and m
any engineering st
udies consider
the role and value of storage which is properly integrated into the ‘smart grid’. Such a system with
holistic optimal control may fail to materialise for regulatory, economic, or behavioural reasons.
We
therefore model the impact of naïve prosumage: households which use storage only to maximise
self-
consumption of PV, with no consideration of the wider system. We find it is neither
economic
for arbitrage nor particularly beneficial for shaving peaks and filling troughs in national net demand.
The extreme case of renewable self
-sufficiency, becoming completely independent of the grid, is still
prohibitively
expensive in Britain and Germany, and even
in
a country like Spain
with a much better
solar resource
.
Date Issued
2017-03-01
Date Acceptance
2017-01-30
Citation
Economics of Energy and Environmental Policy, 2017, 6 (1), pp.33-49
ISSN
2160-5882
Publisher
International Association for Energy Economics
Start Page
33
End Page
49
Journal / Book Title
Economics of Energy and Environmental Policy
Volume
6
Issue
1
Copyright Statement
© 2017 by the IAEE. All rights reserved. This paper is an open access article under a Creative Commons Attributions Licence 4.0 (https://creativecommons.org/licenses/by/4.0/)
Sponsor
Engineering & Physical Science Research Council (EPSRC)
Grant Number
EP/L014386/1
Subjects
Social Sciences
Science & Technology
Life Sciences & Biomedicine
Economics
Environmental Studies
Business & Economics
Environmental Sciences & Ecology
prosumer
electric storage
battery
solar PV
electricity market
STORAGE
REANALYSIS
OUTPUT
COSTS
WIND
Publication Status
Published