Published September 2023 | Version v1
Journal article Open

Demand response approaches in a research project versus a real business

  • 1. ROR icon Institut de Recerca de l'Energia de Catalunya
  • 2. BambooEnergy SL
  • 3. ROR icon Universitat Politècnica de Catalunya

Description

Demand response through Demand Aggregation is part of the energy transition towards a green and distributed system. Although the market is open in most European countries, its practical implementation is not much successful yet. In the last decade, research presented different options to deal with demand response and aggregation. This paper compares the benefits and limitations of strategies implemented from a research perspective and the strategy followed by a recently created company to see which of the advances in research are currently useful from a business perspective. The study presents a novel decision matrix to evaluate demand response strategies. Results show that there are technical limitations in current Energy Management Systems that need to be taken into account when developing demand aggregation platforms. In addition, the study highlights the importance to propose a simple and scalable solution to allow consumers to participate actively in electricity markets and create a success business model.

Files

DOI_10.1016_j.segan.2023.101090.pdf

Files (884.3 kB)

Name Size Download all
md5:f090464137b3076cd6ba79d84372f7e1
884.3 kB Preview Download

Additional details

Funding

European Commission
SABINA - SmArt BI-directional multi eNergy gAteway 731211

Dates

Accepted
2023-05-29
Available
2023-06-12