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Balancing of Energy Supply and Residential Demand

In: Operations Research Proceedings 2012

Author

Listed:
  • Martin Bock

    (Schumpeter School of Business and Economics, University of Wuppertal)

  • Grit Walther

    (Schumpeter School of Business and Economics, University of Wuppertal)

Abstract

Power demand of private households shows daily fluctuations and is expected to rise with the introduction of power intense technologies like battery electric vehicles (BEV) and heat pumps. This additional demand, especially when it remains unmanaged, will lead to an increase in fluctuations. To balance demand, demand side management may be deployed by utilities. The aim of the paper is to develop a concept for modeling demand side management as interaction between utility and households. The model considers both, a structural and a behavioral level. On the structural level, energy usage and flows are modeled as a mathematical network flow problem. The behavior level represents the consumers’ behavior and the utility-consumer interaction as an agent-based model.

Suggested Citation

  • Martin Bock & Grit Walther, 2014. "Balancing of Energy Supply and Residential Demand," Operations Research Proceedings, in: Stefan Helber & Michael Breitner & Daniel Rösch & Cornelia Schön & Johann-Matthias Graf von der Schu (ed.), Operations Research Proceedings 2012, edition 127, pages 443-448, Springer.
    • Handle: RePEc:spr:oprchp:978-3-319-00795-3_66
    DOI: 10.1007/978-3-319-00795-3_66
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