Transition of University to Prosumer Consortium Energy Model

TL;DR

This paper proposes a Prosumer Consortium Model for university energy systems to enhance stability, reduce costs, and promote renewable energy use, especially in developing countries.

Contribution

It introduces a novel prosumer consortium approach for university energy management, addressing grid stability and renewable integration challenges.

Findings

Potential to reduce electricity costs

Improved grid stability and reliability

Enhanced renewable energy utilization

Abstract

The conventional electricity grid system has many critical issues, which could lead to power instability, blackout, and many other issues. One main perspective is to consume the relative amount of distributed renewable energy in the adaptation system. Prosumer Consortium Model in a small community can be one of the solutions to reduce the price of electricity, increase efficiency and provide a better electronification for University, moreover, to solve the frequent blackout of electricity at university level in developing countries. It can be the learning opportunity for the researchers as well as the complementary benefit for the consumers inside university's grid.