Certification prerequisites for activities related to the trading of demand response resources

Manuel Alcázar-Ortega, Carmen Calpe, Thomas Theisen and Javier Rodríguez-García

Energy, 2015, vol. 93, issue P1, 705-715

Abstract: Certification according to international standards brings many benefits to the society, including technical, economic and environmental aspects. In this context, this paper highlights the benefits of certification of Demand Response, including the additional credibility which provides to the trading of flexibility and higher confidence between different players. The consequence is a dynamic environment which facilitates the market acceptance of Demand Response services and products, providing significant benefits to providers and users of such services. A methodology for the systematic certification of different activities related to the transaction of Demand Response resources has been developed and it is presented here. In particular, three types of certificate have been specified, considering the certification of the entity providing the resource (Demand Response Provider), the contractual framework between the provider and the requester (Demand Response Product) and the physical platform to enable and guarantee such transaction (Demand Response Energy Service Trader).

Keywords: Demand response; Certification; Renewable integration; Industrial production; Aggregation; Load management (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:93:y:2015:i:p1:p:705-715

DOI: 10.1016/j.energy.2015.09.082

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