Finding Demand Response from Smart Meter Data

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Paper number

1590

Working Group Number

Conference name

CIRED 2019

Conference date

3-6 June 2019

Conference location

Madrid, Spain

Peer-reviewed

Yes

Short title

Convener

Authors

Rautiainen, Antti, Tampere University, Finland
Turunen, Tomi, Pohjois-Karjalan sähkö Inc., Finland
Laakkonen, Veli-Matti, Pohjois-Karjalan sähkö Inc., Finland
Mutanen, Antti, Tampere University, Finland
Järventausta, Pertti, Tampere University of Technology, Finland

Abstract

Demand response (DR) is widely seen as an element bringing needed flexibility to the sustainable power system of the future. In Finland, all electricity consumers, including small ones, have smart meters enabling DR based on the electricity contracts with dynamic hourly energy prices. With these contracts, electricity has its own price every hour based on the prices of the day-ahead market of the Nordic power exchange. Consumers can shift part of the consumption to low-price hours leading to lower electricity costs. A very interesting question is that does the volatile price influence on the real consumers’ consumption patterns today. In this paper, we seek answer to this question by first discussing the proper methodology for observing DR from a retailer’s data and secondly by making a case study in which smart meter data of real customers having dynamic electricity contracts is used. The results of the case study show that tiny indications of possible DR can be found, but more research is needed.

Table of content

Keywords

Publisher

AIM

Date

2019-06-03

Permanent link to this record

https://cired-repository.org/handle/20.500.12455/475
http://dx.doi.org/10.34890/701

ISSN

2032-9644

ISBN

978-2-9602415-0-1