Flexibility quantification and pricing of household heat pump and combined heat and power unit

Zhengjie You; Babu Kumaran Nalini; Michel Zade; Peter Tzscheutschler; Ulrich Wagner

doi:10.1109/ISGTEurope.2019.8905594

Flexibility quantification and pricing of household heat pump and combined heat and power unit

Zhengjie You
, Babu Kumaran Nalini
, Michel Zade
, Peter Tzscheutschler
, Ulrich Wagner

Technical University of Munich

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

6 Scopus citations

Abstract

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.

Original language	English
Title of host publication	Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019
Publisher	Institute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)	9781538682180
DOIs	https://doi.org/10.1109/ISGTEurope.2019.8905594
State	Published - Sep 2019
Event	2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019 - Bucharest, Romania Duration: 29 Sep 2019 → 2 Oct 2019

Publication series

Name	Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019

Conference

Conference	2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019
Country/Territory	Romania
City	Bucharest
Period	29/09/19 → 2/10/19

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

combined heat and power
flexibility platform
heat pump
operation planning
pricing
prosumers

Access to Document

10.1109/ISGTEurope.2019.8905594

Cite this

You, Z., Nalini, B. K., Zade, M., Tzscheutschler, P., & Wagner, U. (2019). Flexibility quantification and pricing of household heat pump and combined heat and power unit. In Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019 Article 8905594 (Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/ISGTEurope.2019.8905594

You, Zhengjie ; Nalini, Babu Kumaran ; Zade, Michel et al. / Flexibility quantification and pricing of household heat pump and combined heat and power unit. Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019. Institute of Electrical and Electronics Engineers Inc., 2019. (Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019).

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title = "Flexibility quantification and pricing of household heat pump and combined heat and power unit",

abstract = "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.",

keywords = "combined heat and power, flexibility platform, heat pump, operation planning, pricing, prosumers",

author = "Zhengjie You and Nalini, \{Babu Kumaran\} and Michel Zade and Peter Tzscheutschler and Ulrich Wagner",

note = "Publisher Copyright: {\textcopyright} 2019 IEEE.; 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019 ; Conference date: 29-09-2019 Through 02-10-2019",

year = "2019",

month = sep,

doi = "10.1109/ISGTEurope.2019.8905594",

language = "English",

series = "Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

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You, Z, Nalini, BK, Zade, M, Tzscheutschler, P & Wagner, U 2019, Flexibility quantification and pricing of household heat pump and combined heat and power unit. in Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019., 8905594, Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019, Institute of Electrical and Electronics Engineers Inc., 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019, Bucharest, Romania, 29/09/19. https://doi.org/10.1109/ISGTEurope.2019.8905594

Flexibility quantification and pricing of household heat pump and combined heat and power unit. / You, Zhengjie; Nalini, Babu Kumaran; Zade, Michel et al.
Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019. Institute of Electrical and Electronics Engineers Inc., 2019. 8905594 (Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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

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

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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 -

You Z, Nalini BK, Zade M, Tzscheutschler P , Wagner U. Flexibility quantification and pricing of household heat pump and combined heat and power unit. In Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019. Institute of Electrical and Electronics Engineers Inc. 2019. 8905594. (Proceedings of 2019 IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2019). doi: 10.1109/ISGTEurope.2019.8905594

Flexibility quantification and pricing of household heat pump and combined heat and power unit

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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