The potential of price-driven flexible electricity demand and its effect on the electricity price in the Netherlands

Renewable energy sources like wind and solar, are intermittent, which means demand will not always match supply causing volatile and sometimes even negative electricity prices. For power companies it will be valuable to invest in technologies that can respond to those prices, which will result in an increasing flexibility of demand. However, to...

Optimal Management and Control of Solar PV Attached Electricity Storage According to Energy Price Signals

End – consumers have become more active in the effort to achieve secure operation of the electricity grid. Demand response offers a set of solutions allowing consumers to achieve normalised load profiles and increase the balance between energy generation and consumption. Storage technologies and renewable energy sources integrated in microgrid...