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The Role of Aggregators in Smart Grids

In: Sustainable Smart Cities - A Vision for Tomorrow

Author

Listed:
  • Lasse Berntzen
  • Qian Meng

Abstract

Sustainable smart cities need to focus on energy production and use. By installing solar panels, prosumers may contribute to the energy production in the city. The use of solar panels is particularly relevant to free-standing residential buildings. Prosumers may also trade flexibility, the ability to shift energy use to periods when the total energy consumption is lower. Prosumers may also store energy for future sale or consumption. An aggregator is a new role connecting prosumers with energy providers. The aggregator negotiates terms, provides flexibility on behalf of its prosumers, and may even provide energy storage capabilities. This chapter describes the evolving role of aggregators and their possible business models. The aggregators will contribute to smarter energy production and use in smart cities.

Suggested Citation

  • Lasse Berntzen & Qian Meng, 2023. "The Role of Aggregators in Smart Grids," Chapters, in: Amjad Almusaed & Asaad Almssad (ed.), Sustainable Smart Cities - A Vision for Tomorrow, IntechOpen.
  • Handle: RePEc:ito:pchaps:276675
    DOI: 10.5772/intechopen.106860
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    File URL: https://www.intechopen.com/chapters/83490
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    More about this item

    Keywords

    aggregator; flexibility; prosumer; smart cities; smart energy; smart grids; sustainability;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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