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Conference object . 2012 . Peer-reviewed

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General and financial potential of demand side management

descriptionPublicationkeyboard_double_arrow_right Conference object , Article 01 May 2012Publisher:IEEEJournal:2012 9th International Conference on the European Energy Market

Authors: Bert Vande Meerssche; Dirk Van Hertem; Geert Deconinck; Geert Van Ham;

doi: 10.1109/eem.2012.6254802

General and financial potential of demand side management

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Abstract

Applying DSM for balancing renewable energy sources (RES), makes it possible to increase energy production of RES without the need for expensive (spinning) reserve on fossil power plants. The potential of DSM has already been demonstrated for peak shaving, but not for balancing RES. This paper illustrates the general and financial potential of DSM, describes the current practice and discusses some important aspects when using DSM for balancing. To conclude, the balancing potential of domestic freezers has been analyzed.

Related Organizations

Katholieke Universiteit Leuven
Belgium
KU Leuven
Belgium

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