Citation:Hayes, B., Melatti, I., Mancini, T., Prodanovic, M. and Tronci, E. (2017) 'Residential Demand Management Using Individualized Demand Aware Price Policies', IEEE Transactions on Smart Grid, 8(3), pp. 1284-1294. doi: 10.1109/TSG.2016.2596790
This paper presents a novel approach to demand side management (DSM), using an “individualized” price policy, where each end user receives a separate electricity pricing scheme designed to incentivize demand management in order to optimally manage flexible demands. These pricing schemes have the objective of reducing the peaks in overall system demand in such a way that the average electricity price each individual user receives is non-discriminatory. It is shown in this paper that this approach has a number of advantages and benefits compared to traditional DSM approaches. The “demand aware price policy” approach outlined in this paper exploits the knowledge, or demand-awareness, obtained from advanced metering infrastructure. The presented analysis includes a detailed case study of an existing European distribution network where DSM trial data was available from the residential end-users.
Tzanidakis, T.; Malavazos, C.; Tsatsakis, K.; Papanikolaou, A.; Tsitsanis, T.; O'Flynn, Brendan(Institute of Electrical and Electronics Engineers (IEEE), 2018-06)
Demand side management has focused more on centralized control and heavily depends on continuous consumer interaction, often overlooking consumer thermal and visual comfort. Distribution grid management will necessitate ...
McCarthy, Vera J. C.; Perry, Ivan J.; Greiner, Birgit A.(Springer International Publishing AG, 2012-04-24)
There is a heightened need for the practitioner to be alert to the determinants of functional limitations and disabilities owing to the ageing workforce. This study investigated the association between work type and ...
Gallagher, Colm V.; O'Donovan, Peter; Leahy, Kevin; Bruton, Ken; O'Sullivan, Dominic T. J.(Institute of Electrical and Electronics Engineers (IEEE), 2018-09)
The European Union's Energy Efficiency Directive is placing an increased focus on the measurement and verification (M&V) of demand side energy savings. The objective of M&V is to quantify energy savings with minimum ...
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