1. N.E.S. : Network Economics and Services Group
URL: http://nes.aueb.gr
Modeling and Analysing
Demand-Response Systems
Consortium: International Project Partners
EUFP-7STREPGA288322
Observe
• advanced metering infrastructures
installed in private homes
• fine grained, appliance-level monitoring
• user context monitoring
Infer
• load usage profiles
• context extraction & data mining
Inform (DR-Signal)
• peak-load market prices, load profile, suggestions
• SMS, Displays, Apps, WWW
Influence
• incentives for reducing or shifting energy consumption
Approach
Objective
Reduce costly energy peak load demands
• investigate demand response participation rates
• understand how costumers reduce demand by
identifiying shiftable loads
(e.g. washing machines, electric vehicles, heating)
• understand effective methods of conveying
the DR signal to users
AUEB is responsible for
DR-Loop
• developing microeconomic models for energy
producers and utility models for consumers
• deriving from these models consumption schemes
efficient for energy producers and incentive schemes
efficient for consumers
• studying the sustainability and economic
feasibility of the WATTALYST approach
Infor
m
Infer
Obser
ve
Influenc
e
Peak hours in daily power consumption
Utility company: aims
to maximise its profits
while meeting demand
needs
Customer: aims to
maximize his own
benefit (causing
externalities to other
customers)