Demand Side Management through efficient thermal energy storage using phase change material

Demand Side Management (DSM) methods are used by electrical utilities to modify their network loading profile and also to conserve energy during shortages. In New Zealand, residential heating/cooling is considered to be one major constituent of electrical demand for homes. This paper presents ideas for two aspects of DSM being implemented for residential loads. This is by increasing energy efficiency and contributing towards peak load shifting of utility company using built environment made from newly discovered phase change material (PCM) as the building material. Opportunities for Real Time Pricing (RTP) based demand side management is also identified, in the context of New Zealand wholesale electricity market environment.