Title :
NordPoolSpot price pattern analysis for households energy management
Author :
Auväärt, Aivar ; Rosin, Argo ; Belonogova, Nadezhda ; Lebedev, Denis
Author_Institution :
Tallinn Univ. of Technol., Tallinn, Estonia
Abstract :
This paper describes the analysis of price fluctuations in the Nord Pool Spot (NPS) and the possibilities to introduce consumption scheduling and energy storage equipment to reduce price fluctuations in households using the real-time open market electrical energy tariffs.
Keywords :
demand side management; energy management systems; energy storage; power consumption; power markets; pricing; tariffs; Nord Pool Spot price pattern analysis; consumption scheduling; energy storage equipment; households energy management; price fluctuations; real time open market electrical energy tariffs; Electricity; Energy storage; Fluctuations; Power markets; Resistance heating; Space heating; Supply and demand;
Conference_Titel :
Compatibility and Power Electronics (CPE), 2011 7th International Conference-Workshop
Conference_Location :
Tallinn
Print_ISBN :
978-1-4244-8806-3
Electronic_ISBN :
978-1-4244-8805-6
DOI :
10.1109/CPE.2011.5942215