Rating the participation in Demand Response events with a contextual approach to improve accuracy of aggregated schedule

Silva, Cátia; Faria, Pedro; Vale, Zita; Terras, José M.; Albuquerque, Susete

http://hdl.handle.net/10400.22/22096

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Abstract(s)

The flexibility provided by the demand side will be crucial to take a step forward to increase the penetration of renewable energy resources in the system. The proposed methodology provides the aggregator with information about the most reliable consumers, attributing a trustworthy rate that characterizes their performance on Demand Response (DR) events. The innovation relies on applying rates and evaluating the context in which the event is triggered and the factors that influence such rates. The authors find that context is essential to understand which participants are available for the event and achieve the reduction target successfully. Also, the proposed methodology focuses on the performance and the proper motivation for continuous participation, reducing the uncertainty of the response in DR events by giving higher economic compensation to the active consumers with better results. Distributed generation is also optimally managed by the aggregator. Findings prove the feasibility of the proposed methodology supporting the Aggregator in communities and smart cities management.