Toolbox for aggregator of flexible demand

Pekka Koponen (Corresponding author), Jussi Ikäheimo, Antonio Vicino, Alessandro Agnetis, Gianluca De Pascale, Nerea Ruiz Carames, Joseba Jimeno, Eugenio F. Sánchez-Úbeda, Pablo Garcia-Gonzalez, Rafael Cossent

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

    30 Citations (Scopus)


    Flexibility of distributed energy resources is increasingly needed in the electricity markets and grids. But this dispersed flexibility can be used efficiently only if it is aggregated to wholesale market products. A set of software tools was developed for an actor or a company who aggregates flexible household demand for the electricity market and network operators. The tools comprise 1) short term forecasting of electricity market prices, 2) forecasting loads and their responses to control signals, 3) optimal selection of the control signals and consequently also the responses in each situation, 4) relevant external interfaces, and 5) a database and coordinating logic that integrate the tools into toolbox software. In addition to the operational time horizon tools also tools were considered for longer term decision making such as support for development of a portfolio of retail and wholesale market contracts in order to manage risks and maximize the value of flexibility.
    Original languageEnglish
    Title of host publication2nd IEEE ENERGYCON Conference and Exhibition 2012
    Subtitle of host publicationFuture Energy Grids and Systems Symposium
    PublisherIEEE Institute of Electrical and Electronic Engineers
    Number of pages6
    ISBN (Electronic)978-1-4673-1454-1 , 978-1-4673-1452-7
    ISBN (Print)978-1-4673-1453-4
    Publication statusPublished - 9 Sept 2012
    MoE publication typeA4 Article in a conference publication
    EventIEEE International Energy Conference and Exhibition, ENERGYCON 2012: Future Energy Grids and Systems Symposioum - Florence, Italy
    Duration: 9 Sept 201212 Sept 2012
    Conference number: 2


    ConferenceIEEE International Energy Conference and Exhibition, ENERGYCON 2012
    Abbreviated titleENERGYCON 2012


    Dive into the research topics of 'Toolbox for aggregator of flexible demand'. Together they form a unique fingerprint.

    Cite this