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...

Aggregator's business models: Challenges faced by different roles

Aggregators are considered essential to obtain flexibility from small residential and service sector consumers. They can implement business models by trading flexibility from their consumers' assets in various electricity markets. The aim of this paper is to identify challenges faced by aggregators with different roles, while implementing...

Aggregator-mediated demand response: Minimizing imbalances caused by uncertainty of solar generation

The high level of uncertainty of renewable energy sources generation creates differences between electricity supply and demand, endangering the reliable operation of the power system. Demand response has gained significant attention as a means to cope with uncertainty of renewable energy sources. Demand response of residential and service...

Critical Analysis of the Profitability of Demand Response for End-Consumers and Aggregators with Flat-Rate Retail Pricing

Aggregators are considered essential to extend demand response (DR) to small residential and service sector consumers. Both sectors currently have untapped load flexibility, which is considered key to support renewable resource integration. Aggregators can offer this flexibility in bulk to other power system parties. This paper addresses the...

A (not so) independent aggregator in the balancing market theory, policy and reality check

The aggregator has been touted as the key enabler of active engagement of distributed energy resources and promises to contribute to greater economic efficiency in the European balancing markets by providing cheap sources of flexibility. This paper presents an empirical analysis of how aggregators organize themselves in relation to other...