Evaluation and assessment of balancing resources

Abstract

The underlying philosophy while planning the operation of the power system used to be based on maintaining security margins. However, this approach with increasing fluctuating energy sources involves higher costs and leads to assets under-utilisation. The system was mainly built by creating the supply side and minor attention was paid in controlling the demand side. With the effort to accommodate larger shares of renewable energy sources, while continuously maintaining the power balance and ensuring the reliability of the power system, the implementation of demand response mechanisms may provide considerable options to reshape the demand profile for electrical energy. This study aims to create further knowledge on the potentials of residential demand response concepts, while focusing on the Netherlands.