Mobilizing residential electricity consumer demand response using an ICT-ecosystem with dynamic electricity price discounts

摘要

Demand response in electricity markets refers to the potential for consumers to change electricity consumptionbehaviour in order to contribute to grid flexibility and balancing of electricity supply and demand. In theory, demandresponse could contribute substantial positive benefits to electricity markets. For example, one study compares threedifferent scenarios that vary based on how demand response is employed in the electricity market [1]. They find thatthe optimal scenario uses demand response to shift electricity load from peak hours to off-peak hours, which resultsin total savings of 2.83% for electricity consumers in Germany. Another quantifies the financial impact of demandresponse and find that electricity price volatility can be significantly decreased by 7.7%, and expenditures of retailerscan be decreased by 3.5% [2]. These saving have yet to be fully realized in part due to regulatory and market barriers,which are discussed and summarized in [3].