Enabling Flexibility from Demand-side Resources through Aggregator Companies

I. Lampropoulos, M.A. van den Broek, W.G.J.H.M. van Sark, Erik van der Hoofd, Klaas Hommes

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

Abstract

In recent years, several business models of the aggregator company have emerged in Europe, in response to a general quest for flexibility in power system operations. A systematic approach of analysing the organisational arrangements underlying a business model is still lacking, whereas the available information on the potential of aggregated resources in electricity markets is limited. This work contributes to the systematic development of the business model concept of an aggregator company, and provides insight into its economic potential. A set of elements is identified that can be used for analysing the various implementations of a business model. A revenue analysis is performed based on historical data from the day-ahead market and the imbalance settlement system in the Netherlands. The case study is about a hypothetical implementation of the aggregator company with focus on residential demand-side resources. The results show a significant theoretical potential and suggest an interesting business case.
Original languageEnglish
Title of host publicationSmart Cities in the Mediterranean
Subtitle of host publicationCoping with Sustainability Objectives in Small and Medium-sized Cities and Island Communities
EditorsAnastasia Stratigea, Elias Kyriakides, Chrysses Nicolaides
PublisherSpringer
Pages333-353
ISBN (Electronic)978-3-319-54558-5
ISBN (Print)978-3-319-54557-8
DOIs
Publication statusPublished - 2017
Event1st Euro-mediterranean Conference exhibition 2016 - Cyprus, Greece
Duration: 14 Apr 201616 Apr 2016

Publication series

NameProgress in IS
ISSN (Print)2196-8705

Conference

Conference1st Euro-mediterranean Conference exhibition 2016
Country/TerritoryGreece
CityCyprus
Period14/04/1616/04/16

Keywords

  • Demand-side flexibility
  • Aggregator companies
  • Renewable energy
  • Energy management in buildings
  • Consumer empowerment
  • New business models

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