Abstract
Participation in demand response (DR) has been explored for many large energy using assets based on day-ahead markets. However, little is known about the use of multiple energy markets or DR for open canal systems. In this article, we propose the use of multiple flexible energy markets to enable DR for open canal systems in the Netherlands, where many large pumping stations are used for flood mitigation. We observed that the Dutch market is not yet rewarding DR, with relatively low-priced fixed-price contracts. However, when applied to the German market scenario, a cost saving of 13% was found. In conclusion, the method of combining two flexible energy markets seems successful. However, more simulations and research are needed to explore the full potential.
Original language | English |
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Article number | 0439 |
Number of pages | 4 |
Journal | Energy Proceedings |
Volume | 6 |
DOIs | |
Publication status | Published - 2019 |
Event | 11th International Conference on Applied Energy, ICAE 2019 - Västerås, Sweden Duration: 12 Aug 2019 → 15 Aug 2019 |
Keywords
- demand response
- energy markets
- flood safety
- model predictive control
- renewable energy
- water systems