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

Jonas Katz, Olexandr Balyk, Pablo Alejandro Hevia Koch

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    Abstract

    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.
    Original languageEnglish
    Title of host publicationProceedings of ENERDAY 2016 - 11th Conference on Energy Economics and Technology
    Number of pages24
    Place of PublicationDresden
    PublisherTechnische Universität Dresden
    Publication date2016
    Publication statusPublished - 2016
    Event11th Conference on Energy Economics and Technology - Technische Universität Dresden, Dresden, Germany
    Duration: 8 Apr 2016 → …

    Conference

    Conference11th Conference on Energy Economics and Technology
    LocationTechnische Universität Dresden
    CountryGermany
    CityDresden
    Period08/04/2016 → …

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