Balancing of Energy Supply and Residential Demand

Martin Bock () and Grit Walther ()
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Martin Bock: Schumpeter School of Business and Economics, University of Wuppertal
Grit Walther: Schumpeter School of Business and Economics, University of Wuppertal

A chapter in Operations Research Proceedings 2012, 2014, pp 443-448 from Springer

Abstract: Abstract Power demand of private households shows daily fluctuations and is expected to rise with the introduction of power intense technologies like battery electric vehicles (BEV) and heat pumps. This additional demand, especially when it remains unmanaged, will lead to an increase in fluctuations. To balance demand, demand side management may be deployed by utilities. The aim of the paper is to develop a concept for modeling demand side management as interaction between utility and households. The model considers both, a structural and a behavioral level. On the structural level, energy usage and flows are modeled as a mathematical network flow problem. The behavior level represents the consumers’ behavior and the utility-consumer interaction as an agent-based model.

Keywords: DSM Model; Battery Electric Vehicles (BEVs); Demand Side Management (DSM); Level Behavior; Heat Pump (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-319-00795-3_66

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DOI: 10.1007/978-3-319-00795-3_66

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