Management of community storage for providing demand flexibility via connected community

The aim of this project is to develop a computational approach that will enable each building within a community to decide how it can optimally manage the shared storage space of the community storage device, either by competing or cooperating with other buildings within the community.

The main objective in doing so will be to opportunistically charge and discharge the battery space to maximize its revenue given its own energy generation and demand, incentive signal from the grid, and the market condition.

UQ-IIT Delhi collaborative project