TY - GEN
T1 - Flexibility quantification and pricing of household heat pump and combined heat and power unit
AU - You, Zhengjie
AU - Nalini, Babu Kumaran
AU - Zade, Michel
AU - Tzscheutschler, Peter
AU - Wagner, Ulrich
N1 - Publisher Copyright:
© 2019 IEEE.
PY - 2019/9
Y1 - 2019/9
N2 - Stability of the electricity grid is highly dependent on the grid frequency which is presently controlled by applying balancing power from large power plants and pumped-storage facilities. Due to the increasing percentage of renewable energy, the capacity of available balancing power becomes insufficient and an alternative needs to be proposed. In the recent years, there has been a growing interest shown to offer flexibility from the household facilities to solve the stability problems in the grid. However, there is still uncertainty in defining the flexibility offers and pricing for a flexibility market. To meet this research gap, this paper presents a novel approach to quantify the flexibility potential and calculate flexibility offers for heat pump and combined heat and power unit. The results are summarized in a unique format, which can be directly used for trading in the flexibility platform.
AB - Stability of the electricity grid is highly dependent on the grid frequency which is presently controlled by applying balancing power from large power plants and pumped-storage facilities. Due to the increasing percentage of renewable energy, the capacity of available balancing power becomes insufficient and an alternative needs to be proposed. In the recent years, there has been a growing interest shown to offer flexibility from the household facilities to solve the stability problems in the grid. However, there is still uncertainty in defining the flexibility offers and pricing for a flexibility market. To meet this research gap, this paper presents a novel approach to quantify the flexibility potential and calculate flexibility offers for heat pump and combined heat and power unit. The results are summarized in a unique format, which can be directly used for trading in the flexibility platform.
KW - combined heat and power
KW - flexibility platform
KW - heat pump
KW - operation planning
KW - pricing
KW - prosumers
UR - http://www.scopus.com/inward/record.url?scp=85075894789&partnerID=8YFLogxK
U2 - 10.1109/ISGTEurope.2019.8905594
DO - 10.1109/ISGTEurope.2019.8905594
M3 - Conference contribution
AN - SCOPUS:85075894789
T3 - Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019
BT - Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019
Y2 - 29 September 2019 through 2 October 2019
ER -
