Title :
The UK aggregation experiment combining wind and demand response
Author_Institution :
Tractebel Engineering, Belgium
Abstract :
• 4 sources of revenues are targeted • Obtainment of the Best Price in Market (energy value) • Reduction of the Imbalance Costs (balancing value) • Provision of Frequency Control Services (additional services) • Triad Management (network or infrastructure value) • A business based on a strong partnership between aggregator and customers • Transparent and simple interactions • Contracting phase is crucial • Installation is a perilous stage • Simulation results show a possible business in the UK • 12% IRR for the aggregator • 1250 GBP of saving for the customer (0,7% of its bill) • Most of the profits come from PFCS • Minimum size for profitability varies from 40 to 140 kW depending on customers
Conference_Titel :
Electricity Distribution - Part 2, 2009. CIRED 2009. The 20th International Conference and Exhibition on
Conference_Location :
Prague, Czech Republic
Print_ISBN :
978-1-84919-160-9