• DocumentCode
    2805914
  • Title

    General and financial potential of demand side management

  • Author

    Meerssche, Bert P Vande ; Van Ham, Geert ; Van Hertem, Dirk ; Deconinck, Geert

  • Author_Institution
    KH Kempen, Geel, Belgium
  • fYear
    2012
  • fDate
    10-12 May 2012
  • Firstpage
    1
  • Lastpage
    5
  • Abstract
    Applying DSM for balancing renewable energy sources (RES), makes it possible to increase energy production of RES without the need for expensive (spinning) reserve on fossil power plants. The potential of DSM has already been demonstrated for peak shaving, but not for balancing RES. This paper illustrates the general and financial potential of DSM, describes the current practice and discusses some important aspects when using DSM for balancing. To conclude, the balancing potential of domestic freezers has been analyzed.
  • Keywords
    demand side management; power system economics; refrigerators; renewable energy sources; balancing potential; demand side management; domestic freezers; financial potential; fossil power plants; peak shaving; renewable energy sources; spinning reserve; Cooling; Electricity; Energy consumption; Power demand; Production; Smart grids; Switches; Smart Grid; active demand; balancing; demand side management; dynamic load; payback period;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    European Energy Market (EEM), 2012 9th International Conference on the
  • Conference_Location
    Florence
  • Print_ISBN
    978-1-4673-0834-2
  • Electronic_ISBN
    978-1-4673-0832-8
  • Type

    conf

  • DOI
    10.1109/EEM.2012.6254802
  • Filename
    6254802
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=2805914