2012 IEEE Power and Energy Society General Meeting 2012
DOI: 10.1109/pesgm.2012.6345058
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Dynamic pricing by scalable energy management systems — Field experiences and simulation results using PowerMatcher

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Cited by 100 publications
(80 citation statements)
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“…Users then have a monetary incentive to move their electricity consumption to off-peak hours. Dynamic pricing is the key to utilising demand flexibility, and this mechanism has been used in various pilot projects, such as PowerMatcher [27] and Your Energy Moment [16] in the Netherlands, the EcoGrid EU demonstration in Denmark [19] and the Olympic Peninsula Project in the U.S. [28]. A study on the performance of all types of smart white good appliances under dynamic pricing demand response scheme was conducted in a Belgium pilot project, Linear [29] with 58 households participated.…”
Section: Introductionmentioning
confidence: 99%
“…Users then have a monetary incentive to move their electricity consumption to off-peak hours. Dynamic pricing is the key to utilising demand flexibility, and this mechanism has been used in various pilot projects, such as PowerMatcher [27] and Your Energy Moment [16] in the Netherlands, the EcoGrid EU demonstration in Denmark [19] and the Olympic Peninsula Project in the U.S. [28]. A study on the performance of all types of smart white good appliances under dynamic pricing demand response scheme was conducted in a Belgium pilot project, Linear [29] with 58 households participated.…”
Section: Introductionmentioning
confidence: 99%
“…PowerMatcher has been utilized as the DSM scheme for this work. PowerMatcher coordinates a cluster of electricity producing and consuming devices by creating a transactive energy market [19]. It exploits the capability of multi-agent system framework to implement scalable, distributed, complex and open Information and Communication Technology infrastructures.…”
Section: Web Of Cells Architecture and Demand Sidementioning
confidence: 99%
“…Use cases with multi-goal optimization, addressing the interests of three stakeholders simultaneously, were investigated, involving the consumer, distribution system operator and the commercial aggregator (energy trader). The use case studied specifically investigated the feasibility of local peak load reduction, imbalance reduction as well as the most cost effective use of energy in-home [3]. Phase 2 of PowerMatching City saw the technical feasibility study expanded with innovative energy services, in order to investigate consumer preferences within the smart living lab.…”
Section: Project Goalsmentioning
confidence: 99%