IDEAS home Printed from https://ideas.repec.org/a/eee/enepol/v39y2011i12p8163-8174.html
   My bibliography  Save this article

Demand side management—A simulation of household behavior under variable prices

Author

Listed:
  • Gottwalt, Sebastian
  • Ketter, Wolfgang
  • Block, Carsten
  • Collins, John
  • Weinhardt, Christof

Abstract

Within the next years, consumer households will be increasingly equipped with smart metering and intelligent appliances. These technologies are the basis for households to better monitor electricity consumption and to actively control loads in private homes. Demand side management (DSM) can be adopted to private households. We present a simulation model that generates household load profiles under flat tariffs and simulates changes in these profiles when households are equipped with smart appliances and face time-based electricity prices.

Suggested Citation

  • Gottwalt, Sebastian & Ketter, Wolfgang & Block, Carsten & Collins, John & Weinhardt, Christof, 2011. "Demand side management—A simulation of household behavior under variable prices," Energy Policy, Elsevier, vol. 39(12), pages 8163-8174.
    • Handle: RePEc:eee:enepol:v:39:y:2011:i:12:p:8163-8174
    DOI: 10.1016/j.enpol.2011.10.016
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301421511008007
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.enpol.2011.10.016?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Denholm, Paul & Margolis, Robert M., 2007. "Evaluating the limits of solar photovoltaics (PV) in electric power systems utilizing energy storage and other enabling technologies," Energy Policy, Elsevier, vol. 35(9), pages 4424-4433, September.
    2. Ketter, W. & Collins, J. & Reddy, P. & Flath, C. & de Weerdt, M.M., 2011. "The Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2011-027-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    3. Ketter, W. & Collins, J. & Reddy, P. & Flath, C., 2011. "The Power Trading Agent Competition," ERIM Report Series Research in Management ERS-2011-011-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    4. Swan, Lukas G. & Ugursal, V. Ismet, 2009. "Modeling of end-use energy consumption in the residential sector: A review of modeling techniques," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(8), pages 1819-1835, October.
    5. Shaw, Rita & Attree, Mike & Jackson, Tim & Kay, Mike, 2009. "The value of reducing distribution losses by domestic load-shifting: a network perspective," Energy Policy, Elsevier, vol. 37(8), pages 3159-3167, August.
    6. Strbac, Goran, 2008. "Demand side management: Benefits and challenges," Energy Policy, Elsevier, vol. 36(12), pages 4419-4426, December.
    7. Denholm, Paul & Margolis, Robert M., 2007. "Evaluating the limits of solar photovoltaics (PV) in traditional electric power systems," Energy Policy, Elsevier, vol. 35(5), pages 2852-2861, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nijhuis, M. & Gibescu, M. & Cobben, J.F.G., 2015. "Assessment of the impacts of the renewable energy and ICT driven energy transition on distribution networks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1003-1014.
    2. Masa-Bote, D. & Castillo-Cagigal, M. & Matallanas, E. & Caamaño-Martín, E. & Gutiérrez, A. & Monasterio-Huelín, F. & Jiménez-Leube, J., 2014. "Improving photovoltaics grid integration through short time forecasting and self-consumption," Applied Energy, Elsevier, vol. 125(C), pages 103-113.
    3. Feuerriegel, Stefan & Neumann, Dirk, 2016. "Integration scenarios of Demand Response into electricity markets: Load shifting, financial savings and policy implications," Energy Policy, Elsevier, vol. 96(C), pages 231-240.
    4. Feuerriegel, Stefan & Neumann, Dirk, 2014. "Measuring the financial impact of demand response for electricity retailers," Energy Policy, Elsevier, vol. 65(C), pages 359-368.
    5. Daví-Arderius, Daniel & Sanin, María-Eugenia & Trujillo-Baute, Elisa, 2017. "CO2 content of electricity losses," Energy Policy, Elsevier, vol. 104(C), pages 439-445.
    6. Costa-Campi, Maria Teresa & Daví-Arderius, Daniel & Trujillo-Baute, Elisa, 2018. "The economic impact of electricity losses," Energy Economics, Elsevier, vol. 75(C), pages 309-322.
    7. Weber, Sylvain & Puddu, Stefano & Pacheco, Diana, 2017. "Move it! How an electric contest motivates households to shift their load profile," Energy Economics, Elsevier, vol. 68(C), pages 255-270.
    8. Nouha Dkhili & David Salas & Julien Eynard & Stéphane Thil & Stéphane Grieu, 2021. "Innovative Application of Model-Based Predictive Control for Low-Voltage Power Distribution Grids with Significant Distributed Generation," Energies, MDPI, vol. 14(6), pages 1-28, March.
    9. Zúñiga, K.V. & Castilla, I. & Aguilar, R.M., 2014. "Using fuzzy logic to model the behavior of residential electrical utility customers," Applied Energy, Elsevier, vol. 115(C), pages 384-393.
    10. Katz, Jonas, 2014. "Linking meters and markets: Roles and incentives to support a flexible demand side," Utilities Policy, Elsevier, vol. 31(C), pages 74-84.
    11. Solomon, A.A. & Faiman, D. & Meron, G., 2012. "Appropriate storage for high-penetration grid-connected photovoltaic plants," Energy Policy, Elsevier, vol. 40(C), pages 335-344.
    12. Maarten Wolsink, 2020. "Framing in Renewable Energy Policies: A Glossary," Energies, MDPI, vol. 13(11), pages 1-31, June.
    13. Lyons, P.F. & Wade, N.S. & Jiang, T. & Taylor, P.C. & Hashiesh, F. & Michel, M. & Miller, D., 2015. "Design and analysis of electrical energy storage demonstration projects on UK distribution networks," Applied Energy, Elsevier, vol. 137(C), pages 677-691.
    14. Byuk-Keun Jo & Gilsoo Jang, 2019. "An Evaluation of the Effect on the Expansion of Photovoltaic Power Generation According to Renewable Energy Certificates on Energy Storage Systems: A Case Study of the Korean Renewable Energy Market," Sustainability, MDPI, vol. 11(16), pages 1-17, August.
    15. Wooyoung Jeon & Chul-Yong Lee, 2019. "Estimating the Cost of Solar Generation Uncertainty and the Impact of Collocated Energy Storage: The Case of Korea," Sustainability, MDPI, vol. 11(5), pages 1-18, March.
    16. Solomon, A.A. & Faiman, D. & Meron, G., 2012. "The role of conventional power plants in a grid fed mainly by PV and storage, and the largest shadow capacity requirement," Energy Policy, Elsevier, vol. 48(C), pages 479-486.
    17. Zack Norwood & Joel Goop & Mikael Odenberger, 2017. "The Future of the European Electricity Grid Is Bright: Cost Minimizing Optimization Shows Solar with Storage as Dominant Technologies to Meet European Emissions Targets to 2050," Energies, MDPI, vol. 10(12), pages 1-31, December.
    18. Solomon, A.A. & Kammen, Daniel M. & Callaway, D., 2016. "Investigating the impact of wind–solar complementarities on energy storage requirement and the corresponding supply reliability criteria," Applied Energy, Elsevier, vol. 168(C), pages 130-145.
    19. Kendel, Adnane & Lazaric, Nathalie & Maréchal, Kevin, 2017. "What do people ‘learn by looking’ at direct feedback on their energy consumption? Results of a field study in Southern France," Energy Policy, Elsevier, vol. 108(C), pages 593-605.
    20. Orioli, Aldo & Di Gangi, Alessandra, 2013. "Load mismatch of grid-connected photovoltaic systems: Review of the effects and analysis in an urban context," Renewable and Sustainable Energy Reviews, Elsevier, vol. 21(C), pages 13-28.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:39:y:2011:i:12:p:8163-8174. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.