Balancing of Energy Supply and Residential Demand

摘要

1 Introduction Power demand fluctuates and has to be met by power supply. Increasing installation of power intense technologies, like BEVs and heat pumps will lead to an increase in total power demand, but more important, to an increase in demand fluctuations and peaks. It is beneficial to both utilities and customers to avoid fluctuations, as they increase costs. Balancing demand by influencing the energy consumption of the customers is known as demand side management (DSM), which takes place as an interaction between a utility and its customers.