Aggregators’ business models for flexibility from electricity consumers

In order to limit the amount of greenhouse gas emission, transitioning to renewable energy sources (RES) is critical. However, integrating RES in the existing power system is not straightforward since RES possess variable and uncertain characteristics. Due to these characteristics, as the penetration of RES increases, maintaining the balance...

Aggregator's business models in residential and service sectors: A review of operational and financial aspects

Flexibility coming from consumers in residential and service sectors has received significant attention to deal with uncertainty and variability of renewable energy sources. Since these consumers are too small individually to participate in the electricity markets, their assets can be pooled by an aggregator. The aggregator can implement...