Experiences from spot-market based price response of residential customers

Pekka Koponen, Seppo Kärkkäinen

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

    Abstract

    Proceedings of the Time of use tariffs are already applied in large scale in Finland, but the electricity market prices do not any more follow such regular time pattern. Fast demand response is increasingly needed. Main results and experience from a recent price control project in Finland are explained here where spot-price based contracts were applied to about 10 residential customers with electric heating and hourly meters. Consumption and temperature measurements were installed and the heat dynamics modelled. Manual responses were observed and automatic methods for price response developed.
    Original languageEnglish
    Title of host publicationProceedings of the 19th International Conference on Electricity Distribution (CIRED 2007) 21-24 May 2007, Vienna, Austria
    Number of pages4
    Publication statusPublished - 21 May 2007
    MoE publication typeA4 Article in a conference publication
    Event19th International Conference on Electrcity Distribution, CIRED 2007 - Vienna, Austria
    Duration: 21 May 200724 May 2007
    Conference number: 19
    http://www.cired.net/publications/cired2007/pdfs/CIRED2007_0508_paper.pdf

    Conference

    Conference19th International Conference on Electrcity Distribution, CIRED 2007
    Abbreviated titleCIRED 2007
    CountryAustria
    CityVienna
    Period21/05/0724/05/07
    Internet address

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    Koponen, P., & Kärkkäinen, S. (2007). Experiences from spot-market based price response of residential customers. In Proceedings of the 19th International Conference on Electricity Distribution (CIRED 2007) 21-24 May 2007, Vienna, Austria [0508] http://www.cired.net/publications/cired2007/pdfs/CIRED2007_0508_paper.pdf