Optimisation and Negotiation: Two Approaches to Demand Response Actions Pricing on Energy Markets

Matusiak, Bożena; Bartkiewicz, Witold

doi:10.1109/eem.2018.8469990

Cited by 1 publication

(2 citation statements)

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“…The simulation results reached EUR 101,000* in Poland and EUR 450,000* in the Netherlands. The mathematical basis for the simulation studies (game theory and the Nash equilibrium method), the flexibility levels adopted (the so-called "user's activity" -this is user's elasticity for their agreement for being active in the system), and detailed results were presented and analyzed in the project [details are given in www.e-balance-project.eu/ deliverables D2.6 and in Matusiak and Bartkiewicz, 2018]. In addition, an assumption was made that the photovoltaic installation did not exceed 4 kW.…”

Section: Simulations and Results For The Business Cases Prepared In Tmentioning

confidence: 99%

“…The operation of household devices will be shifted from peak hours to periods when energy can be cheaper (peak shaving). Also, short-term forecasts of energy needs and consumption will be applied to signal changes, if any, in the user's energy use profile in the short run [more details in Matusiak and Bartkiewicz, 2018].…”

Section: A System Of Benefits For Prosumersmentioning

confidence: 99%

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End users’ motivations as a key for the adoption of the home energy management system

Kowalski

Matusiak

2019

International Journal of Management and Economics

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Development of renewable energy means that there is a growing demand for technology that helps to manage and consume it in an optimal way, using more energy when it is produced on sunny/ windy days, preferably at the place of production, and avoiding long-distance transmission. This opens the field for solutions based on the Internet of Things (IoT) technologies, advanced demand management, and the concept of smart energy. The creation of a smart home energy management system (HEMS), which will help end users to manage the produced electricity, was the goal of the project entitled “e-balance – Balancing Energy Production and Consumption in Energy Efficient Smart Neighbourhoods”. Research with potential users carried out within the project showed that the existence of such systems in the home environment redefines the concept of electricity, which becomes tangible and always present in sight. Users also expected that the system would significantly reduce their electricity bills, an expectation which is not always confirmed by economic simulations. This means that the final solution will have to take account of other types of motivation and engagement, e.g., environmental ones. The paper presents conclusions from quantitative and qualitative research conducted within the “e-balance” project in Poland, Portugal, and the Netherlands.

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Section: Simulations and Results For The Business Cases Prepared In Tmentioning

confidence: 99%

Section: A System Of Benefits For Prosumersmentioning

confidence: 99%

End users’ motivations as a key for the adoption of the home energy management system

Kowalski

Matusiak

2019

International Journal of Management and Economics

View full text Add to dashboard Cite

show abstract

Optimisation and Negotiation: Two Approaches to Demand Response Actions Pricing on Energy Markets

Cited by 1 publication

References 1 publication

End users’ motivations as a key for the adoption of the home energy management system

End users’ motivations as a key for the adoption of the home energy management system

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