2016
DOI: 10.1016/j.energy.2016.07.146
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A novel tool for the evaluation and assessment of demand response activities in the industrial sector

Abstract: This paper introduces a novel tool for industrial customers to perform a cost-benefit analysis regarding the implementation of Demand Response (DR) strategies in their facilities with the final goal of softening the impact of RES intermittency in the grid. The dynamic simulation tool focuses on assessing the participation of industries in reserve energy markets in the same conditions as generators offering capacity reserve, energy reserve or both of them and taking into account all the technical restrictions o… Show more

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Cited by 35 publications
(19 citation statements)
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“…• Cost-effectiveness of shifting production in time 97 • Balancing services compete with storage and residential demand side management 98 • Load shifting • Cost-effective without reduction of quality and throughput • Potential of covering 50% of tertiary reserve market [98][99][100][101] • Processes have critical temporal dependencies • Throughput is the constraint with the highest priority • Necessity of accurate throughput risk evaluation tool • Lack of energy control module within most systems 52,102 99 Digitized industrial sectors (Industry 4.0)…”
Section: Spot Marketsmentioning
confidence: 99%
“…• Cost-effectiveness of shifting production in time 97 • Balancing services compete with storage and residential demand side management 98 • Load shifting • Cost-effective without reduction of quality and throughput • Potential of covering 50% of tertiary reserve market [98][99][100][101] • Processes have critical temporal dependencies • Throughput is the constraint with the highest priority • Necessity of accurate throughput risk evaluation tool • Lack of energy control module within most systems 52,102 99 Digitized industrial sectors (Industry 4.0)…”
Section: Spot Marketsmentioning
confidence: 99%
“…In these papers, optimizat ion models are proposed for assisting these consumers in minimizing their energy costs, given the available flexibility in their processes, their operating constraints and the time -variable prices in the electricity market. Fu rthermore, the recent papers [20]- [22] explore the provision of balancing services by individual consumers and its impact on their profitability.…”
Section: B Relevant Workmentioning
confidence: 99%
“…Demand response is also stated to have an increasing role in power systems due to its potential capacity to help manage renewable variability [30]. Work was done in analyzing the cost of automated DR systems [31], the suitability of different customers [32], the evaluation of the action performance [33,34], or its optimization in smart grid programs [35]. Moreover, its role among active consumers at the distribution level is gaining importance [36].…”
Section: Introductionmentioning
confidence: 99%