Aggregation Potentials for Buildings - Business Models of Demand Response and Virtual Power Plants

Zheng Ma, Joy Dalmacio Billanes, Bo Nørregaard Jørgensen

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

206 Downloads (Pure)

Abstrakt

Buildings as prosumers have an important role in the energy aggregation market due to their potential flexible energy consumption and distributed energy resources. However, energy flexibility provided by buildings can be very complex and depend on many factors. The immaturity of the current aggregation market with unclear incentives is still a challenge for buildings to participate in the aggregation market. However, few studies have investigated business models for building participation in the aggregation market. Therefore, this paper develops four business models for buildings to participate in the energy aggregation market: (1) buildings participate in the implicit Demand Response (DR) program via retailers; (2) buildings with small energy consumption participate in the explicit DR via aggregators; (3) buildings directly access the explicit DR program; (4) buildings access energy market via Virtual Power Plant (VPP) aggregators by providing Distributed Energy Resources (DER )s. This paper also determines that it is essential to understand building owners’ needs, comforts, and behaviours to develop feasible market access strategies for different types of buildings. Meanwhile, the incentive programs, national regulations and energy market structures strongly influence buildings’ participation in the aggregation market. Under the current Nordic market regulation, business model one is the most feasible one, and business model two faces more challenges due to regulation barriers and limited monetary incentives.
OriginalsprogEngelsk
Artikelnummer1646
TidsskriftEnergies
Vol/bind10
Udgave nummer10
Antal sider19
ISSN1996-1073
DOI
StatusUdgivet - 2017

Fingeraftryk Dyk ned i forskningsemnerne om 'Aggregation Potentials for Buildings - Business Models of Demand Response and Virtual Power Plants'. Sammen danner de et unikt fingeraftryk.

  • Citationsformater