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Time-based pricing and electricity demand response: Existing barriers and next steps
KTH, School of Electrical Engineering (EES).
2016 (English)In: Utilities Policy, ISSN 0957-1787, E-ISSN 1878-4356, Vol. 40, p. 15-25Article in journal (Refereed) Published
Abstract [en]

Interest in Demand Response (DR) is increasing due to its potential to improve reliability and save costs for electricity systems. DR can provide a sustainable and cost-effective option for supply balancing, especially in a scenario with more volatile inflows from renewable energy sources. End-users can be incentivized to provide DR through time-based pricing in general and dynamic pricing in particular. This paper provides a theoretic framework and practice-oriented review of the status of DR in Europe, outlining the major challenges currently hampering further DR development. Important challenges involve the split-incentive issue for investments in enabling technologies, traditional market rules for flexibility that favor large generation units and the need for electricity market and network operation coordination.

Place, publisher, year, edition, pages
Elsevier, 2016. Vol. 40, p. 15-25
Keywords [en]
Smart grid, Demand side management, Tariffs
National Category
Other Electrical Engineering, Electronic Engineering, Information Engineering
Identifiers
URN: urn:nbn:se:kth:diva-214856DOI: 10.1016/j.jup.2016.04.001ISI: 000379635000002Scopus ID: 2-s2.0-84964603338OAI: oai:DiVA.org:kth-214856DiVA, id: diva2:1143951
Funder
EU, European Research Council
Note

QC 20170925

Available from: 2017-09-24 Created: 2017-09-24 Last updated: 2017-09-25Bibliographically approved
In thesis
1. Towards the design of flexibility management in smart grids: A techno-institutional perspective
Open this publication in new window or tab >>Towards the design of flexibility management in smart grids: A techno-institutional perspective
2017 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

The European policy focus on smart grids implies their development as an indispensable part of the future power system. However, the definition of a smart grid is broad and vague, and the actual implementation of a smart grid can differ significantly, depending on the stakeholders involved.This work aims to inform policy makers, the electricity industry and researchers about stakeholder interests and the technical complexities involved by presenting smart grids via a techno-institutional framework. This framework takes account of the technical nature of the electricity transport and supply service as well as the institutional nature of electricity markets, stakeholder perspectives and sector regulation. In addition, this work presents potential revenues resulting from flexibility management in smart grids and proposes a way forward for smart grids and flexibility management in Europe.

Place, publisher, year, edition, pages
Delft: Gildeprint, 2017. p. 242
Series
TRITA-EE, ISSN 1653-5146 ; 2017-068
Keywords
energy, electricity, regulation, European Union, distribution networks, balancing markets, distributed energy resources, congestion management, market transparency, European governance, European modes of regulation, regulatory change
National Category
Electrical Engineering, Electronic Engineering, Information Engineering
Research subject
Electrical Engineering
Identifiers
urn:nbn:se:kth:diva-214857 (URN)978-94-6233-738-1 (ISBN)
Public defence
2017-11-17, Senaatszaal, Mekelweg 5, Delft, 15:00 (English)
Opponent
Supervisors
Note

QC 20170925

Available from: 2017-09-25 Created: 2017-09-24 Last updated: 2017-10-04Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
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  • nn-NB
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  • Other locale
More languages
Output format
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  • asciidoc
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