Journal
ENERGY CONVERSION AND MANAGEMENT
Volume 50, Issue 10, Pages 2605-2612Publisher
PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.enconman.2009.06.002
Keywords
Deregulated power markets; Distributed energy resources; Demand response resources; Demand modelling; Responsive demand participation
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Funding
- European Commission
- Spanish Government (Ministerio de Educacion y Ciencia) [ENE2007-67771-C02-0102/CON]
- Red Electrica de Espana, S.A.
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The authors present a methodology to evaluate and quantify the economic parameters (costs and benefits) attached to customer electricity consumption by analyzing the service provided by the different pieces of absorbed electricity. The first step of this methodology is to perform a process oriented market segmentation to identify segments according to their flexibility potential. After that, a procedure based on comprehensive simulations to identify and quantify the actual demand that can be managed in the short term is presented and, finally, the required economic analysis is performed. The methodology, which is demonstrated with some applications to the commercial sector, not only helps the customers to integrate in flexible distribution systems but also offers the necessary economical parameters for them to integrate in electricity markets. (C) 2009 Elsevier Ltd. All rights reserved.
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