Incentivizing local energy storage

••An energy sharing scheme is developed considering the benefits. . Indices and setsd Day index i, j User index s Scenario index t Time index ΦS Set of scenarios ΦsPH Set of peak hours in scenario s ΦES S. . 1.1. Background and motivationRecent decades have witnessed the rapid development of distributed energy resources (DERs) across the world [1]. California has co. . 2.1. Market frameworkIn this paper, we consider a distribution grid with an aggregator that serves N energy users. An energy user is assumed to be a price-taker in join. . 3.1. The model without energy sharingAs shown in Eqs. (1), (2), the aggregator is responsible for paying the electricity and reliability charges. As the charges are recovered by ret.