Analysis of optimal dynamic price control of heat pump houses with solar power

Pekka Koponen, Riku Pasonen, Atte Löf

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

Abstract

Time of use tariffs are in large scale use in Finland, but the electricity market prices do not any more follow such regular time pattern. Dynamic demand response is increasingly needed and dynamic retail tariffs are available. Heat pumps and solar panels affect electricity consumption of houses. This paper analyses and demonstrates the benefits of forecasting and optimisation in dynamic price control of such houses.
Original languageEnglish
Title of host publicationCIRED Workshop 2016
PublisherInstitute of Electrical and Electronic Engineers IEEE
Pages1-4
ISBN (Electronic)978-1-78561-199-5
ISBN (Print)978-1-78561-202-2
DOIs
Publication statusPublished - 23 Feb 2016
MoE publication typeA4 Article in a conference publication
EventCIRED Workshop 2016 - Helsinki, Finland
Duration: 14 Jun 201615 Jun 2016

Conference

ConferenceCIRED Workshop 2016
CountryFinland
CityHelsinki
Period14/06/1615/06/16

Fingerprint

Solar energy
Pumps
Electricity
Hot Temperature
Power markets

Keywords

  • demand response
  • electricity market
  • optimisation
  • forecasting
  • building energy management
  • solar power
  • residential loads

Cite this

Koponen, P., Pasonen, R., & Löf, A. (2016). Analysis of optimal dynamic price control of heat pump houses with solar power. In CIRED Workshop 2016 (pp. 1-4). Institute of Electrical and Electronic Engineers IEEE. https://doi.org/10.1049/cp.2016.0764
Koponen, Pekka ; Pasonen, Riku ; Löf, Atte. / Analysis of optimal dynamic price control of heat pump houses with solar power. CIRED Workshop 2016. Institute of Electrical and Electronic Engineers IEEE, 2016. pp. 1-4
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keywords = "demand response, electricity market, optimisation, forecasting, building energy management, solar power, residential loads",
author = "Pekka Koponen and Riku Pasonen and Atte L{\"o}f",
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Koponen, P, Pasonen, R & Löf, A 2016, Analysis of optimal dynamic price control of heat pump houses with solar power. in CIRED Workshop 2016. Institute of Electrical and Electronic Engineers IEEE, pp. 1-4, CIRED Workshop 2016, Helsinki, Finland, 14/06/16. https://doi.org/10.1049/cp.2016.0764

Analysis of optimal dynamic price control of heat pump houses with solar power. / Koponen, Pekka; Pasonen, Riku; Löf, Atte.

CIRED Workshop 2016. Institute of Electrical and Electronic Engineers IEEE, 2016. p. 1-4.

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

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AB - Time of use tariffs are in large scale use in Finland, but the electricity market prices do not any more follow such regular time pattern. Dynamic demand response is increasingly needed and dynamic retail tariffs are available. Heat pumps and solar panels affect electricity consumption of houses. This paper analyses and demonstrates the benefits of forecasting and optimisation in dynamic price control of such houses.

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Koponen P, Pasonen R, Löf A. Analysis of optimal dynamic price control of heat pump houses with solar power. In CIRED Workshop 2016. Institute of Electrical and Electronic Engineers IEEE. 2016. p. 1-4 https://doi.org/10.1049/cp.2016.0764