Title :
Demand aggregator flexibility forecast: Price incentives sensitivity assessment
Author :
Kotsis, G. ; Moschos, I. ; Corchero, C. ; Cruz-Zambrano, M.
Author_Institution :
Catalonia Inst. for Energy Res., Barcelona, Spain
Abstract :
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.
Keywords :
demand forecasting; demand side management; distributed power generation; energy management systems; incentive schemes; optimisation; power generation economics; power markets; demand aggregator flexibility forecast; demand response scheme; distributed generation; domestic microgrid premises; electricity market; energy management system; load profile; monetary incentive signal; price incentives sensitivity assessment; shiftable load devices; Batteries; Electricity supply industry; Forecasting; Load management; Load modeling; Microgrids; aggregator; demand flexibility; demand response; electric vehicle; microgrid optimization;
Conference_Titel :
European Energy Market (EEM), 2015 12th International Conference on the
Conference_Location :
Lisbon
DOI :
10.1109/EEM.2015.7216756