Demand response in liberalized electricity markets: Analysis of aggregated load participation in the German balancing mechanism

Koliou, Elta; Eid, Cherrelle; Ávila, José Pablo Chaves; Hakvoort, Rudi A.

doi:10.1016/j.energy.2014.04.067

Cited by 109 publications

(94 citation statements)

References 18 publications

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“…In this context, new roles for local communities are emerging, transitioning them from passive consumers to active prosumers with local generation, demand response and energy efficiency measures. Demand response refers to programs which provide incentives for consumers to modify their consumption patterns [24] [25]. The shift towards renewable-based production for energy consumption and increasing electrification of different sectors requires local generation to be integrated and coordinated.…”

Section: Trends Shaping the Energy Landscapementioning

confidence: 99%

Energetic communities for community energy: A review of key issues and trends shaping integrated community energy systems

Koirala

Koliou

Friege

et al. 2016

Renewable and Sustainable Energy Reviews

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548

330

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Energy systems across the globe are going through a radical transformation as a result of technological and institutional changes, depletion of fossil fuel resources, and climate change. At the local level, increasing distributed energy resources requires that the centralized energy systems be re-organized. In this paper, the concept of Integrated Community Energy Systems (ICESs) is presented as a modern development to re-organize local energy systems to integrate distributed energy resources and engage local communities. Local energy systems such as ICESs not only ensure self-provision of energy but also provide essential system services to the larger energy system. In this regard, a comparison of different energy system integration option is provided. We review the current energy trends and the associated technological, socio-economic, environmental and institutional issues shaping the development of ICESs. These systems can be applied to both developed and developing countries, however, their objectives, business models as well as composition differs. ICESs can be accepted by different actors such as local governments, communities, energy suppliers and system operators as an effective means to achieve sustainability and thereby will have significant roles in future energy systems.

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Section: Trends Shaping the Energy Landscapementioning

confidence: 99%

Energetic communities for community energy: A review of key issues and trends shaping integrated community energy systems

Koirala

Koliou

Friege

et al. 2016

Renewable and Sustainable Energy Reviews

Self Cite

548

330

View full text Add to dashboard Cite

show abstract

“…[93]). The capacity markets are used to plan the required transmission, distribution and generation capacity based on the predicted electricity demand.…”

Section: Capacity Marketsmentioning

confidence: 99%

A cyber-physical systems perspective on decentralized energy management

Hoogsteen¹

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“…Ref. [20] discusses three interactions between variable RES and balancing markets, and [21] studies the impact of the balancing market design on the participation of flexible consumption, both with a focus on Germany. Ref.…”

Section: Context: the Theory Of Short-term Energy Pricing And Rewardimentioning

confidence: 99%

Interactions between the design of short-term electricity markets in the CWE region and power system flexibility

et al. 2017

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Short-term electricity markets are generally defined as markets that take place from the day-ahead stage until physical generation and consumption. These markets include dayahead, intra-day, and real-time balancing markets. In Europe, the first two are managed by power exchanges, while the third consists of reserve procurement and imbalance settlement and is operated by the local transmission system operator. Short-term markets are important tools to deal with net demand variability in the system, in which the need for flexibility is expressed and its provision is valorized. Due to the ongoing integration of variable renewables in the generation mix, the system's variability is increasing as a result of the limited controllability and predictability of those resources. As such, these markets become increasingly important. The contribution of this article is a comprehensive upto-date discussion of the key design parameters and functioning of all three short-term markets, and their impact on the demand for and supply of flexibility. An understanding of the design and its implications is useful to policy-makers who are considering changes to facilitate the integration, availability, or valorization of flexibility, while also contributing to the decision-making of flexibility investors and operators. The geographical scope is the Central Western European region, including the Belgian, French, German, and Dutch market zones.

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Demand response in liberalized electricity markets: Analysis of aggregated load participation in the German balancing mechanism

Cited by 109 publications

References 18 publications

Energetic communities for community energy: A review of key issues and trends shaping integrated community energy systems

Energetic communities for community energy: A review of key issues and trends shaping integrated community energy systems

A cyber-physical systems perspective on decentralized energy management

Interactions between the design of short-term electricity markets in the CWE region and power system flexibility

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