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Conference paper

The impact of residential demand response on the costs of a fossil-free system reserve

In Proceedings of Enerday 2016 - 11th Conference on Energy Economics and Technology — 2016

By Katz, Jonas1,2; Balyk, Olexandr1; Hevia Koch, Pablo Alejandro1,2

From

Department of Management Engineering, Technical University of Denmark1

Energy Economics and Regulation, Systems Analysis, Department of Management Engineering, Technical University of Denmark2

In order to achieve a better understanding of the system value of residential demand response, we study the potential impact of flexible demand on the costs of system reserves in a fossil-free electricity supply. Comparing these costs with traditional means of regulation our analysis aims to contribute to determining the least-cost options for regulation in a fossil-free power system.

We extend an existing energy system model with demand response and reserve modelling and analyse the impact for the case of Denmark in 2035 to reflect a system based on renewable resources for electricity and heating.

Language: English
Publisher: Technische Universität Dresden
Year: 2016
Proceedings: 11th Conference on Energy Economics and Technology
Types: Conference paper
ORCIDs: Katz, Jonas , Balyk, Olexandr and Hevia Koch, Pablo Alejandro
Keywords

SDG 7 - Affordable and Clean Energy

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