Promotion of wind generated electricity using price responsive demand side management: Price prediction analysis for imperfect energy storage

P. Finn; C. Fitzpatrick; M. Leahy; L. Relihan

doi:10.1109/ISSST.2010.5507747

Promotion of wind generated electricity using price responsive demand side management: Price prediction analysis for imperfect energy storage

P. Finn, C. Fitzpatrick, M. Leahy, L. Relihan

Department of Electronics & Computer Engineering

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

Ireland aims to source 40% of its electricity needs from renewable energies by 2020. This will be largely met by intermittent energy sources, primarily such as wind, wave and solar. Given an inherent lack of flexibility of these energy sources it is necessary to explore methods of increasing the flexibility of demand rather than supply. Price based Demand Side Management that reflects pricing in a spot price electricity market offers an incentivised method by which this can be achieved. This analysis investigates the implications of using dayahead pricing predictions to demand side manage a load with an inherent energy loss due to rescheduling.

Original language	English
Title of host publication	Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010
DOIs	https://doi.org/10.1109/ISSST.2010.5507747
Publication status	Published - 2010
Event	2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010 - Arlington, VA, United States Duration: 17 May 2010 → 19 May 2010

Publication series

Name	Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010

Conference

Conference	2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010
Country/Territory	United States
City	Arlington, VA
Period	17/05/10 → 19/05/10

Keywords

Day ahead pricing
Demand side management
Real time pricing
Renewable energy
Single electricity market
Wind generated electricity

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1109/ISSST.2010.5507747

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Finn, P., Fitzpatrick, C., Leahy, M., & Relihan, L. (2010). Promotion of wind generated electricity using price responsive demand side management: Price prediction analysis for imperfect energy storage. In Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010 Article 5507747 (Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010). https://doi.org/10.1109/ISSST.2010.5507747

Finn, P. ; Fitzpatrick, C. ; Leahy, M. et al. / Promotion of wind generated electricity using price responsive demand side management : Price prediction analysis for imperfect energy storage. Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010. 2010. (Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010).

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abstract = "Ireland aims to source 40% of its electricity needs from renewable energies by 2020. This will be largely met by intermittent energy sources, primarily such as wind, wave and solar. Given an inherent lack of flexibility of these energy sources it is necessary to explore methods of increasing the flexibility of demand rather than supply. Price based Demand Side Management that reflects pricing in a spot price electricity market offers an incentivised method by which this can be achieved. This analysis investigates the implications of using dayahead pricing predictions to demand side manage a load with an inherent energy loss due to rescheduling.",

keywords = "Day ahead pricing, Demand side management, Real time pricing, Renewable energy, Single electricity market, Wind generated electricity",

author = "P. Finn and C. Fitzpatrick and M. Leahy and L. Relihan",

year = "2010",

doi = "10.1109/ISSST.2010.5507747",

language = "English",

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series = "Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010",

booktitle = "Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010",

note = "2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010 ; Conference date: 17-05-2010 Through 19-05-2010",

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Finn, P, Fitzpatrick, C, Leahy, M & Relihan, L 2010, Promotion of wind generated electricity using price responsive demand side management: Price prediction analysis for imperfect energy storage. in Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010., 5507747, Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010, 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010, Arlington, VA, United States, 17/05/10. https://doi.org/10.1109/ISSST.2010.5507747

Promotion of wind generated electricity using price responsive demand side management: Price prediction analysis for imperfect energy storage. / Finn, P.; Fitzpatrick, C.; Leahy, M. et al.
Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010. 2010. 5507747 (Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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PY - 2010

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N2 - Ireland aims to source 40% of its electricity needs from renewable energies by 2020. This will be largely met by intermittent energy sources, primarily such as wind, wave and solar. Given an inherent lack of flexibility of these energy sources it is necessary to explore methods of increasing the flexibility of demand rather than supply. Price based Demand Side Management that reflects pricing in a spot price electricity market offers an incentivised method by which this can be achieved. This analysis investigates the implications of using dayahead pricing predictions to demand side manage a load with an inherent energy loss due to rescheduling.

AB - Ireland aims to source 40% of its electricity needs from renewable energies by 2020. This will be largely met by intermittent energy sources, primarily such as wind, wave and solar. Given an inherent lack of flexibility of these energy sources it is necessary to explore methods of increasing the flexibility of demand rather than supply. Price based Demand Side Management that reflects pricing in a spot price electricity market offers an incentivised method by which this can be achieved. This analysis investigates the implications of using dayahead pricing predictions to demand side manage a load with an inherent energy loss due to rescheduling.

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KW - Demand side management

KW - Real time pricing

KW - Renewable energy

KW - Single electricity market

KW - Wind generated electricity

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T3 - Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010

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Finn P, Fitzpatrick C, Leahy M, Relihan L. Promotion of wind generated electricity using price responsive demand side management: Price prediction analysis for imperfect energy storage. In Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010. 2010. 5507747. (Proceedings of the 2010 IEEE International Symposium on Sustainable Systems and Technology, ISSST 2010). doi: 10.1109/ISSST.2010.5507747

Promotion of wind generated electricity using price responsive demand side management: Price prediction analysis for imperfect energy storage

Abstract

Publication series

Conference

Keywords

UN SDGs

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