VALUE OF DEMAND FLEXIBILITY FOR PROVIDING ANCILLARY SERVICES: A STUDY OF THE IRISH DS3 MARKET

Osaru Agbonaye, Patrick Keatley, Ye Huang, Motasem Bani Mustafa, Oluwasola Ademulegun, Neil Hewitt

Research output: Contribution to conferencePaperpeer-review

301 Downloads (Pure)

Abstract

This paper evaluates the potential of consumer flexibility to reduce expenditure on the ancillary services required to manage wind variability. Flexibility is provided by turning up or turning down a portfolio of heat pumps in response to system imbalance.
We proposed two new ancillary service products to the Irish DS3 Market, Demand-Turn-Up+ (DTU+) and Demand-Turn-Down+ (DTD+). A model for simulating these two services was developed for three scenarios: Flexibility using thermal storage, Flexibility using battery and finally flexibility by shifting or reducing heating loads without storage. A portfolio of one million heat pumps was simulated, controlling these devices in response to system imbalance for the month of February 2019. A time series of DS3 payments was used to calculate the associated savings in DS3 spend for each settlement period.
Original languageEnglish
Publication statusPublished (in print/issue) - 2019
Event4th Annual APEEN Conference 2019: Energy Demand-Side Management and Electricity Markets - University of Beira Interior, Covilha, Portugal
Duration: 17 Oct 201918 Oct 2019
Conference number: 4
http://wordpress.ubi.pt/4apeen2019/

Conference

Conference4th Annual APEEN Conference 2019
Country/TerritoryPortugal
CityCovilha
Period17/10/1918/10/19
Internet address

Keywords

  • Demand Flexibility
  • DS3 Ancillary Services
  • Business Models
  • Demand Turn-up
  • Demand Turn-down
  • Heat pumps

Fingerprint

Dive into the research topics of 'VALUE OF DEMAND FLEXIBILITY FOR PROVIDING ANCILLARY SERVICES: A STUDY OF THE IRISH DS3 MARKET'. Together they form a unique fingerprint.

Cite this