Title :
Techno-economic comparison of storage vs. demand response strategies in distributed generation systems
Author :
Lorenzi, Guido ; Santos Silva, Carlos A.
Author_Institution :
Inst. Super. Tecnico, Univ. de Lisboa, Lisbon, Portugal
Abstract :
This paper investigates the benefits in terms of energy use and cost reduction of electricity storage using batteries and the implementation of demand response strategies, to mitigate the mismatch between the renewable production and the demand in smart grids. A comparison between the two approaches in a household with micro-generation system is made in order to assess which one is the most feasible for small scale users. The results show that in general the use of demand response has more benefits to the end-user.
Keywords :
cost reduction; distributed power generation; secondary cells; smart power grids; batteries; cost reduction; demand response strategy; distributed generation systems; electricity storage; microgeneration system; renewable production; smart grids; techno-economic comparison; Batteries; Discharges (electric); Distributed power generation; Load flow; Load management; Production; Renewable energy sources; Electricity storage; demand side management; distributed generation;
Conference_Titel :
European Energy Market (EEM), 2015 12th International Conference on the
Conference_Location :
Lisbon
DOI :
10.1109/EEM.2015.7216725
