An assessment of the influence of demand response on demand elasticity in electricity retail market

R. Fonteijn, M. Babar, I.G. Kamphuis

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

3 Citations (Scopus)
2 Downloads (Pure)

Abstract

A transition towards a sustainable society is currently ongoing. In the electrical power system, this is reflected by the increasing share of renewable energy sources (RES). The weather dependence of some RES results in intermittent and volatile behaviour, thus matching supply and demand has become a challenge. Demand response (DR) is an emerging field which enables society to coop with upcoming challenges. One of the explored concepts to perform the DR is the price elasticity of demand. This paper presents a model to compute price elasticity matrices for typical households consisting of dispatchable appliances and a base load. Simulations of the model will demonstrate the price elastic response for different scenarios.
Original languageEnglish
Title of host publication2015 50th International Universities Power Engineering Conference (UPEC), 1-4 September 2015, Stoke-on-Trent, United Kingdom
Place of PublicationPiscataway
PublisherInstitute of Electrical Engineers
Pages1-6
ISBN (Print)978-1-4673-9682-0
DOIs
Publication statusPublished - 2015
Event50th International Universities Power Engineering Conference (UPEC 2015) - Staffordshire University, Stoke-on-Trent, United Kingdom
Duration: 1 Sep 20154 Sep 2015
Conference number: 50
http://www.upec2015.com/

Conference

Conference50th International Universities Power Engineering Conference (UPEC 2015)
Abbreviated titleUPEC 2015
Country/TerritoryUnited Kingdom
CityStoke-on-Trent
Period1/09/154/09/15
Internet address

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