EconPapers    
Economics at your fingertips  
 

The Risk of Residential Peak Electricity Demand: A Comparison of Five European Countries

Jacopo Torriti
Additional contact information
Jacopo Torriti: School of the Built Environment, University of Reading, Whiteknights, PO Box 219, Reading RG6 6AY, UK

Energies, 2017, vol. 10, issue 3, 1-14

Abstract: The creation of a Europe-wide electricity market combined with the increased intermittency of supply from renewable sources calls for an investigation into the risk of aggregate peak demand. This paper makes use of a risk model to assess differences in time-use data from residential end-users in five different European electricity markets. Drawing on the Multinational Time-Use Survey database, it assesses risk in relation to the probability of electrical appliance use within households for five European countries. Findings highlight in which countries and for which activities the risk of aggregate peak demand is higher and link smart home solutions (automated load control, dynamic pricing and smart appliances) to different levels of peak demand risk.

Keywords: demand management; European Supergrid; peak loads; residential electricity demand (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.mdpi.com/1996-1073/10/3/385/pdf (application/pdf)
https://www.mdpi.com/1996-1073/10/3/385/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:10:y:2017:i:3:p:385-:d:93504

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-24
Handle: RePEc:gam:jeners:v:10:y:2017:i:3:p:385-:d:93504