DocumentCode
187893
Title
Efficiency improving of time of use tariffs for residential customer to create more valuable demand response resource
Author
Andruszkiewicz, Jerzy ; Lorenc, Jozef ; Michalski, Artur
Author_Institution
Inst. of Electr. Power Eng., Poznan Univ. of Technol., Poznań, Poland
fYear
2014
fDate
28-30 May 2014
Firstpage
1
Lastpage
5
Abstract
The means of increasing the impact of time of use tariffs to reduce peak load in the power system caused by household consumers were examined. The introduced concept of TOU tariff elasticity for shifting the demand allowed the comparison of such tariffs offered in Poland by the biggest power sale companies. The estimate of the needed DSR volume to support the safe balancing of the Polish power system was based on the example of the year 2012 for the hours with the highest balancing market prices. To create a share in such DSR resource the implementation of the demand side program with the critical peak rate was proposed for household customers of one of the largest electric energy suppliers in Poland. Basing on the concept of tariff elasticity the possible effects of such a program were presented and the financial risks associated with its implementation were shortly discussed.
Keywords
demand side management; financial management; power markets; pricing; risk management; tariffs; DSR resource; DSR volume; Poland; Polish power system; TOU tariff elasticity; demand response resource; demand side program; electric energy suppliers; financial risks; household consumers; market prices; peak load; power sale companies; power system; residential customer; Decision support systems; Elasticity; Equations; Load management; Power systems; Pricing; Standards; Demand response; safety of power system balancing; time of use tariff;
fLanguage
English
Publisher
ieee
Conference_Titel
European Energy Market (EEM), 2014 11th International Conference on the
Conference_Location
Krakow
Type
conf
DOI
10.1109/EEM.2014.6861279
Filename
6861279
Link To Document