37th IAEE International Conference, New York (United States of America). 15-18 June 2014
Summary:
Current transmission and distribution units are designed to cope with extreme cases of maximum power demand, which sparsely occur. Dimensioning the grid to such specifications for the purpose of meeting temporary peak load is a costly endeavor which can be lowered via explotation of load modification. Demand response potential is estimated to be high in European power systems with high penetration of renewable energy sources. Implementation of demand response has been slow to emerge, especially amongst residential users commonly attributed to limited knowledge on the scope of potential savings that can be achieved (Torriti et al., 2010). This work investigates the aggregate economic impact of demand response on costs to distribution system operators in Sweden. The simultation indicates that demand response has the highest savings per customer per year when postponing future grid investments followed by lower grid fee to feeding costs and power losses.
Publication date: 2014-06-15.
Citation:
E. Koliou, T. Eklund, A. Picciariello, L. Söder, C. Bartusch, K. Alvehag, R.A. Hakvoort, Economic impact of demand response on costs to distribution system operators, 37th IAEE International Conference, New York (United States of America). 15-18 June 2014.
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