IDEAS home Printed from https://ideas.repec.org/h/spr/prochp/978-3-319-44711-7_13.html
   My bibliography  Save this book chapter

Proposing an Hourly Dynamic Wind Signal as an Environmental Incentive for Demand Response

In: Advances and New Trends in Environmental Informatics

Author

Listed:
  • Anders Nilsson

    (Royal Institute of Technology (KTH))

  • Nils Brandt

    (Royal Institute of Technology (KTH))

Abstract

Demand Response (DR) is expected to play a crucial role in balancing supply and demand in future smart grids with increased proportion of electricity from renewable sources. However, previous studies on price-based DR programs have shown that there is a substantial need to strengthen the incentive models in order to achieve sufficient end-user response. In addition, recent studies are starting to explore alternative incentives based on environmental performance as a support to dynamic pricing tariffs. In this paper, we investigate in the potential of using a dynamic wind signal, reflecting the hourly variations in wind power generation, as an environmental incentive for load shift in DR programs. A wind signal is constructed based on Swedish electricity generation data for 2014, and intraday and seasonally patterns of wind power generation are analyzed with respect to hourly electricity spot prices. The results show that a wind signal is supportive to the economic incentive of a dynamic price signal to stimulate intraday load shift by end-use customers; shifting electricity consumption from hours of high price and low wind power generation to hours of low price and high wind power generation, leading to both consumer cost-savings and reduced climate impact in the long term.

Suggested Citation

  • Anders Nilsson & Nils Brandt, 2017. "Proposing an Hourly Dynamic Wind Signal as an Environmental Incentive for Demand Response," Progress in IS, in: Volker Wohlgemuth & Frank Fuchs-Kittowski & Jochen Wittmann (ed.), Advances and New Trends in Environmental Informatics, pages 153-164, Springer.
    • Handle: RePEc:spr:prochp:978-3-319-44711-7_13
    DOI: 10.1007/978-3-319-44711-7_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:prochp:978-3-319-44711-7_13. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.