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Attractiveness of demand response in the Nordic electricity market - Present state and future prospects

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

Details

Original languageEnglish
Title of host publication2017 14th International Conference on the European Energy Market, EEM 2017
PublisherIEEE
ISBN (Electronic)9781509054992
DOIs
Publication statusPublished - 14 Jul 2017
Publication typeA4 Article in a conference publication
EventInternational Conference on the European Energy Market -
Duration: 1 Jan 1900 → …

Publication series

Name
ISSN (Electronic)2165-4093

Conference

ConferenceInternational Conference on the European Energy Market
Period1/01/00 → …

Abstract

During the past few years demand response (DR) has appeared in the spotlight in a new way. This is due to general technological advancement, development of electricity infrastructure, especially roll-out of smart meters, and rapidly increasing amount of renewable intermittent energy sources. This paper analyzes the attractiveness of DR in the Nordic electricity market. The results show that in many market places the attractiveness of DR is improving in the long term, although variations between different years exist. Two case studies presented in the papers show that DR has economic potential for some of the customers, especially for medium to large actors, but in a large scope, number of obstacles still hinder a wide scale deployment of DR solutions.

Keywords

  • Demand response, Electricity market

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