Demand aggregator flexibility forecast: Price incentives sensitivity assessment

This work seeks to determine the potentials of a Demand Aggregator into the Demand Response scheme. The authors describe and validate the optimization technique used by the Aggregator to enable demand flexibility in domestic microgrid premises. The microgrid is comprised of Distributed Generation an...

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Bibliographic Details
Main Authors: Kotsis, G., Moschos, I., Corchero, C., Cruz-Zambrano, M.
Format: Conference Proceeding
Language:English
Subjects:
aggregator
Batteries
Conferences
Demand
demand flexibility
demand response
Distributed generation
Domestic
electric vehicle
Electricity supply industry
Flexibility
Forecasting
Incentives
Load management
Load modeling
Markets
microgrid optimization
Microgrids
Optimization
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Description
Summary:This work seeks to determine the potentials of a Demand Aggregator into the Demand Response scheme. The authors describe and validate the optimization technique used by the Aggregator to enable demand flexibility in domestic microgrid premises. The microgrid is comprised of Distributed Generation and shiftable load devices. By applying a monetary incentive signal in the microgrid's Energy Management System, the Aggregator empowers a change in the load profile, which signifies the potential of this concept in future electricity market and grid applications.
ISSN:2165-4077
2165-4093
DOI:10.1109/EEM.2015.7216756