2018
DOI: 10.3390/buildings8020013
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Demand Response Technology Readiness Levels for Energy Management in Blocks of Buildings

Abstract: Fossil fuels deliver most of the flexibility in contemporary electricity systems. The pressing need to reduce CO 2 emissions requires new methods to provide this flexibility. Demand response (DR) offers consumers a significant role in the delivery of flexibility by reducing or shifting their electricity usage during periods of stress or constraint. Blocks of buildings offer more flexibility in the timing and use of energy than single buildings, however, and a lack of relevant scalable ICT tools hampers DR in b… Show more

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Cited by 35 publications
(24 citation statements)
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References 11 publications
(25 reference statements)
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“…The software Gretl has been used to run a multinomial logit model and provide coefficients for the WTP calculation. These coefficients are then employed in the equation (1) defining the WTP as "minus the ratio between the estimate of the coefficient for the attribute of interest and the tax coefficient" [12,13]. The resulting WTP values represent the additional (positive or negative) amount of money the customers are willing to pay for having one specific feature in the service, with respect to a base level.…”
Section: Questionnaire and Resultsmentioning
confidence: 99%
See 1 more Smart Citation
“…The software Gretl has been used to run a multinomial logit model and provide coefficients for the WTP calculation. These coefficients are then employed in the equation (1) defining the WTP as "minus the ratio between the estimate of the coefficient for the attribute of interest and the tax coefficient" [12,13]. The resulting WTP values represent the additional (positive or negative) amount of money the customers are willing to pay for having one specific feature in the service, with respect to a base level.…”
Section: Questionnaire and Resultsmentioning
confidence: 99%
“…According to the urgent need to decarbonize our economy, new solutions have to be found in order to provide the required flexibility [1] for integrating intermittent renewable power sources, such as solar and wind. Among the new sources of flexibility, Demand Response (DR) is becoming a cost-effective solution, pushed by electrification of transport and heating/cooling sectors and new supporting technologies.…”
Section: Introductionmentioning
confidence: 99%
“…CAPEX will also include the additional costs for improving the monitoring and control capabilities of the buildings and enabling an effective deployment of the DR-BOB solution. To this aim, the project provided for the development of a dedicated methodology for assessing the DR Technology Readiness Level (DRTRL) of a building [18]. All pilots were assessed and categorized based on this methodology, which also gave an indication of the required additional metering and control equipment to be installed to achieve the appropriate readiness level.…”
Section: Methodology For Cost-benefit Analysismentioning
confidence: 99%
“…Self-produced renewable heating and electric energy reduce the purchase demand for more expensive grid energy [27,56]. The surplus of the self-produced heat and electricity can be sold into the local grid by using appropriate real-time metering and bi-directional connection, or it can be stored for future own use [57][58][59][60][61].…”
Section: The Factors Affecting Energy Use and The Environmental Impactmentioning
confidence: 99%
“…IoT solutions allow the control of devices' energy use based on real time online energy price data. The smart demand-side management technologies improve the flexibility of the building's energy use by shifting energy use to off-peak periods when electricity spot prices are lower [27,61,63]. Furthermore, reducing peak power demand mitigates economic risks related to increasing peak power fees [27].…”
Section: The Factors Affecting Energy Use and The Environmental Impactmentioning
confidence: 99%