VALUE OF DEMAND FLEXIBILITY FOR PROVIDING ANCILLARY SERVICES: A STUDY OF THE IRISH DS3 MARKET

Osaru Agbonaye; Patrick Keatley; Ye Huang; Motasem Bani Mustafa; Oluwasola Ademulegun; Neil Hewitt

VALUE OF DEMAND FLEXIBILITY FOR PROVIDING ANCILLARY SERVICES: A STUDY OF THE IRISH DS3 MARKET

Osaru Agbonaye, Patrick Keatley, Ye Huang, Motasem Bani Mustafa, Oluwasola Ademulegun, Neil Hewitt

Research output: Contribution to conference › Paper › peer-review

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Abstract

This paper evaluates the potential of consumer flexibility to reduce expenditure on the ancillary services required to manage wind variability. Flexibility is provided by turning up or turning down a portfolio of heat pumps in response to system imbalance.
We proposed two new ancillary service products to the Irish DS3 Market, Demand-Turn-Up+ (DTU+) and Demand-Turn-Down+ (DTD+). A model for simulating these two services was developed for three scenarios: Flexibility using thermal storage, Flexibility using battery and finally flexibility by shifting or reducing heating loads without storage. A portfolio of one million heat pumps was simulated, controlling these devices in response to system imbalance for the month of February 2019. A time series of DS3 payments was used to calculate the associated savings in DS3 spend for each settlement period.

Original language	English
Publication status	Published - 2019
Event	4th Annual APEEN Conference 2019: Energy Demand-Side Management and Electricity Markets - University of Beira Interior, Covilha, Portugal Duration: 17 Oct 2019 → 18 Oct 2019 Conference number: 4 http://wordpress.ubi.pt/4apeen2019/

Conference

Conference	4th Annual APEEN Conference 2019
Country/Territory	Portugal
City	Covilha
Period	17/10/19 → 18/10/19
Internet address	http://wordpress.ubi.pt/4apeen2019/

Keywords

Demand Flexibility
DS3 Ancillary Services
Business Models
Demand Turn-up
Demand Turn-down
Heat pumps

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title = "VALUE OF DEMAND FLEXIBILITY FOR PROVIDING ANCILLARY SERVICES: A STUDY OF THE IRISH DS3 MARKET",

abstract = "This paper evaluates the potential of consumer flexibility to reduce expenditure on the ancillary services required to manage wind variability. Flexibility is provided by turning up or turning down a portfolio of heat pumps in response to system imbalance.We proposed two new ancillary service products to the Irish DS3 Market, Demand-Turn-Up+ (DTU+) and Demand-Turn-Down+ (DTD+). A model for simulating these two services was developed for three scenarios: Flexibility using thermal storage, Flexibility using battery and finally flexibility by shifting or reducing heating loads without storage. A portfolio of one million heat pumps was simulated, controlling these devices in response to system imbalance for the month of February 2019. A time series of DS3 payments was used to calculate the associated savings in DS3 spend for each settlement period.",

keywords = "Demand Flexibility, DS3 Ancillary Services, Business Models, Demand Turn-up, Demand Turn-down, Heat pumps",

author = "Osaru Agbonaye and Patrick Keatley and Ye Huang and {Bani Mustafa}, Motasem and Oluwasola Ademulegun and Neil Hewitt",

year = "2019",

language = "English",

note = "4th Annual APEEN Conference 2019 : Energy Demand-Side Management and Electricity Markets ; Conference date: 17-10-2019 Through 18-10-2019",

url = "http://wordpress.ubi.pt/4apeen2019/",

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TY - CONF

T1 - VALUE OF DEMAND FLEXIBILITY FOR PROVIDING ANCILLARY SERVICES: A STUDY OF THE IRISH DS3 MARKET

AU - Agbonaye, Osaru

AU - Keatley, Patrick

AU - Huang, Ye

AU - Bani Mustafa, Motasem

AU - Ademulegun, Oluwasola

AU - Hewitt, Neil

N1 - Conference code: 4

PY - 2019

Y1 - 2019

N2 - This paper evaluates the potential of consumer flexibility to reduce expenditure on the ancillary services required to manage wind variability. Flexibility is provided by turning up or turning down a portfolio of heat pumps in response to system imbalance.We proposed two new ancillary service products to the Irish DS3 Market, Demand-Turn-Up+ (DTU+) and Demand-Turn-Down+ (DTD+). A model for simulating these two services was developed for three scenarios: Flexibility using thermal storage, Flexibility using battery and finally flexibility by shifting or reducing heating loads without storage. A portfolio of one million heat pumps was simulated, controlling these devices in response to system imbalance for the month of February 2019. A time series of DS3 payments was used to calculate the associated savings in DS3 spend for each settlement period.

AB - This paper evaluates the potential of consumer flexibility to reduce expenditure on the ancillary services required to manage wind variability. Flexibility is provided by turning up or turning down a portfolio of heat pumps in response to system imbalance.We proposed two new ancillary service products to the Irish DS3 Market, Demand-Turn-Up+ (DTU+) and Demand-Turn-Down+ (DTD+). A model for simulating these two services was developed for three scenarios: Flexibility using thermal storage, Flexibility using battery and finally flexibility by shifting or reducing heating loads without storage. A portfolio of one million heat pumps was simulated, controlling these devices in response to system imbalance for the month of February 2019. A time series of DS3 payments was used to calculate the associated savings in DS3 spend for each settlement period.

KW - Demand Flexibility

KW - DS3 Ancillary Services

KW - Business Models

KW - Demand Turn-up

KW - Demand Turn-down

KW - Heat pumps

M3 - Paper

T2 - 4th Annual APEEN Conference 2019

Y2 - 17 October 2019 through 18 October 2019

ER -

VALUE OF DEMAND FLEXIBILITY FOR PROVIDING ANCILLARY SERVICES: A STUDY OF THE IRISH DS3 MARKET

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Conference

Keywords

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