IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v65y2020ics0957178720300722.html
   My bibliography  Save this article

Comparison between economic and environmental drivers for demand side aggregator

Author

Listed:
  • Barbero, Mattia
  • Casals, Lluc Canals
  • Corchero, Cristina

Abstract

Demand-side flexibility is a promising source of the energy system that might enhance renewable energy penetration and help to democratize the electricity sector. However, it is not clear what is the best strategy to adopt for Demand Aggregators, especially when flexibility is provided by residential and tertiary buildings. This study compares two Demand Aggregators strategies in the framework of the SABINA (H2020) and the REFER research projects and analyses the effect of CO2 prices on the Demand Aggregator business model. Results show that Demand Response activities reduce both the costs and the building CO2 emissions independently from the strategy adopted.

Suggested Citation

  • Barbero, Mattia & Casals, Lluc Canals & Corchero, Cristina, 2020. "Comparison between economic and environmental drivers for demand side aggregator," Utilities Policy, Elsevier, vol. 65(C).
    • Handle: RePEc:eee:juipol:v:65:y:2020:i:c:s0957178720300722
    DOI: 10.1016/j.jup.2020.101077
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957178720300722
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jup.2020.101077?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. Motalleb, Mahdi & Ghorbani, Reza, 2017. "Non-cooperative game-theoretic model of demand response aggregator competition for selling stored energy in storage devices," Applied Energy, Elsevier, vol. 202(C), pages 581-596.
    2. Spiliotis, Konstantinos & Ramos Gutierrez, Ariana Isabel & Belmans, Ronnie, 2016. "Demand flexibility versus physical network expansions in distribution grids," Applied Energy, Elsevier, vol. 182(C), pages 613-624.
    3. Shariatzadeh, Farshid & Mandal, Paras & Srivastava, Anurag K., 2015. "Demand response for sustainable energy systems: A review, application and implementation strategy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 343-350.
    4. Iria, José & Soares, Filipe & Matos, Manuel, 2018. "Optimal supply and demand bidding strategy for an aggregator of small prosumers," Applied Energy, Elsevier, vol. 213(C), pages 658-669.
    5. Zheng, Menglian & Meinrenken, Christoph J. & Lackner, Klaus S., 2014. "Agent-based model for electricity consumption and storage to evaluate economic viability of tariff arbitrage for residential sector demand response," Applied Energy, Elsevier, vol. 126(C), pages 297-306.
    6. Brophy Haney, A. & Jamasb, T. & Pollitt, M.G., 2009. "Smart Metering and Electricity Demand: Technology, Economics and International Experience," Cambridge Working Papers in Economics 0905, Faculty of Economics, University of Cambridge.
    7. Malik, Anam & Ravishankar, Jayashri, 2018. "A hybrid control approach for regulating frequency through demand response," Applied Energy, Elsevier, vol. 210(C), pages 1347-1362.
    8. Denholm, Paul & Hand, Maureen, 2011. "Grid flexibility and storage required to achieve very high penetration of variable renewable electricity," Energy Policy, Elsevier, vol. 39(3), pages 1817-1830, March.
    9. Siano, Pierluigi & Sarno, Debora, 2016. "Assessing the benefits of residential demand response in a real time distribution energy market," Applied Energy, Elsevier, vol. 161(C), pages 533-551.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marina Bertolini & Gregorio Morosinotto, 2023. "Business Models for Energy Community in the Aggregator Perspective: State of the Art and Research Gaps," Energies, MDPI, vol. 16(11), pages 1-26, June.

    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. Mohseni, Soheil & Brent, Alan C. & Kelly, Scott & Browne, Will N., 2022. "Demand response-integrated investment and operational planning of renewable and sustainable energy systems considering forecast uncertainties: A systematic review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 158(C).
    2. Wang, Jixiang & Chen, Xingying & Xie, Jun & Xu, Shuyang & Yu, Kun & Gan, Lei, 2019. "Dynamic control strategy of residential air conditionings considering environmental and behavioral uncertainties," Applied Energy, Elsevier, vol. 250(C), pages 1312-1320.
    3. Märkle-Huß, Joscha & Feuerriegel, Stefan & Neumann, Dirk, 2018. "Large-scale demand response and its implications for spot prices, load and policies: Insights from the German-Austrian electricity market," Applied Energy, Elsevier, vol. 210(C), pages 1290-1298.
    4. Khalid, Muhammad & Ahmadi, Abdollah & Savkin, Andrey V. & Agelidis, Vassilios G., 2016. "Minimizing the energy cost for microgrids integrated with renewable energy resources and conventional generation using controlled battery energy storage," Renewable Energy, Elsevier, vol. 97(C), pages 646-655.
    5. Hui, Hongxun & Chen, Yulin & Yang, Shaohua & Zhang, Hongcai & Jiang, Tao, 2022. "Coordination control of distributed generators and load resources for frequency restoration in isolated urban microgrids," Applied Energy, Elsevier, vol. 327(C).
    6. Jun Dong & Dongran Liu & Xihao Dou & Bo Li & Shiyao Lv & Yuzheng Jiang & Tongtao Ma, 2021. "Key Issues and Technical Applications in the Study of Power Markets as the System Adapts to the New Power System in China," Sustainability, MDPI, vol. 13(23), pages 1-29, December.
    7. Zeng, Yuan & Zhang, Ruiwen & Wang, Dong & Mu, Yunfei & Jia, Hongjie, 2019. "A regional power grid operation and planning method considering renewable energy generation and load control," Applied Energy, Elsevier, vol. 237(C), pages 304-313.
    8. Jack, M.W. & Suomalainen, K. & Dew, J.J.W. & Eyers, D., 2018. "A minimal simulation of the electricity demand of a domestic hot water cylinder for smart control," Applied Energy, Elsevier, vol. 211(C), pages 104-112.
    9. Cruz, Marco R.M. & Fitiwi, Desta Z. & Santos, Sérgio F. & Catalão, João P.S., 2018. "A comprehensive survey of flexibility options for supporting the low-carbon energy future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 97(C), pages 338-353.
    10. Kubli, Merla & Canzi, Patrizio, 2021. "Business strategies for flexibility aggregators to steer clear of being “too small to bid”," Renewable and Sustainable Energy Reviews, Elsevier, vol. 143(C).
    11. Sandoval, Diego & Goffin, Philippe & Leibundgut, Hansjürg, 2017. "How low exergy buildings and distributed electricity storage can contribute to flexibility within the demand side," Applied Energy, Elsevier, vol. 187(C), pages 116-127.
    12. Paul Neetzow & Roman Mendelevitch & Sauleh Siddiqui, 2018. "Modeling Coordination between Renewables and Grid: Policies to Mitigate Distribution Grid Constraints Using Residential PV-Battery Systems," Discussion Papers of DIW Berlin 1766, DIW Berlin, German Institute for Economic Research.
    13. Debin Fang & Qiyu Ren & Qian Yu, 2018. "How Elastic Demand Affects Bidding Strategy in Electricity Market: An Auction Approach," Energies, MDPI, vol. 12(1), pages 1-13, December.
    14. Barbero, Mattia & Corchero, Cristina & Canals Casals, Lluc & Igualada, Lucia & Heredia, F.-Javier, 2020. "Critical evaluation of European balancing markets to enable the participation of Demand Aggregators," Applied Energy, Elsevier, vol. 264(C).
    15. Neetzow, Paul & Mendelevitch, Roman & Siddiqui, Sauleh, 2019. "Modeling coordination between renewables and grid: Policies to mitigate distribution grid constraints using residential PV-battery systems," Energy Policy, Elsevier, vol. 132(C), pages 1017-1033.
    16. Changgi Min, 2020. "Impact Analysis of Transmission Congestion on Power System Flexibility in Korea," Energies, MDPI, vol. 13(9), pages 1-11, May.
    17. Graditi, G. & Ippolito, M.G. & Telaretti, E. & Zizzo, G., 2016. "Technical and economical assessment of distributed electrochemical storages for load shifting applications: An Italian case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 515-523.
    18. Kowalska-Pyzalska, Anna, 2018. "What makes consumers adopt to innovative energy services in the energy market? A review of incentives and barriers," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 3570-3581.
    19. Stadler, Michael & Cardoso, Gonçalo & Mashayekh, Salman & Forget, Thibault & DeForest, Nicholas & Agarwal, Ankit & Schönbein, Anna, 2016. "Value streams in microgrids: A literature review," Applied Energy, Elsevier, vol. 162(C), pages 980-989.
    20. Kraan, Oscar & Kramer, Gert Jan & Nikolic, Igor & Chappin, Emile & Koning, Vinzenz, 2019. "Why fully liberalised electricity markets will fail to meet deep decarbonisation targets even with strong carbon pricing," Energy Policy, Elsevier, vol. 131(C), pages 99-110.

    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:juipol:v:65:y:2020:i:c:s0957178720300722. 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: https://www.sciencedirect.com/journal/utilities-policy .

    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.