A Generic Data Model for Describing Flexibility in Power Markets

Paul Schott, Johannes Sedlmeir, Nina Strobel, Thomas Weber, Gilbert Fridgen and Eberhard Abele
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Paul Schott: Project Group Business & Information Systems Engineering of the Fraunhofer FIT, 95444 Bayreuth, Germany
Johannes Sedlmeir: Project Group Business & Information Systems Engineering of the Fraunhofer FIT, 95444 Bayreuth, Germany
Nina Strobel: Institute of Production Management, Technology and Machine Tools, Technische Universität Darmstadt, 64287 Darmstadt, Germany
Thomas Weber: Institute of Production Management, Technology and Machine Tools, Technische Universität Darmstadt, 64287 Darmstadt, Germany
Gilbert Fridgen: FIM Research Center, University of Bayreuth Project Group Business & Information Systems Engineering of the Fraunhofer FIT, 95444 Bayreuth, Germany
Eberhard Abele: Institute of Production Management, Technology and Machine Tools, Technische Universität Darmstadt, 64287 Darmstadt, Germany

Energies, 2019, vol. 12, issue 10, 1-29

Abstract: In this article, we present a new descriptive model for industrial flexibility with respect to power consumption. The advancing digitization in the energy sector opens up new possibilities for utilizing and automatizing the marketing of flexibility potentials and therefore facilitates a more advanced energy management. This requires a standardized description and modeling of power-related flexibility. The data model in this work has been developed in close collaboration with several partners from different industries in the context of a major German research project. A suitable set of key figures allows for also describing complex production processes that exhibit interdependencies and storage-like properties. The data model can be applied to other areas as well, e.g., power plants, plug-in electric vehicles, or power-related flexibility of households.

Keywords: demand side management; demand response; generic flexibility data model; flexibility modeling; power system; industrial processes; digitalization (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: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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