A Holistic Demand Flexibility Profiling Framework for the Energy Management Environment

ABSTRACT With the increased involvement of new market actors in the operation of modern distribution grids, namely prosumers, aggregators, distribution system operators (replacing distribution network operators), retailers, etc., there will be more sources of uncertainty in distribution system studies. Therefore, more detailed monitoring and analysis of behaviour of different actors and their assets will be required with special focus on the incorporation of demand side as an active element of the electricity grid. The goal of the paper is to present a holistic demand flexibility framework, as a back end application running to support Demand Response Aggregator business role. More specifically, the goal of this paper is to design load models and their behaviour when subject to demand response events, towards establishing a holistic modelling approach that takes into account demand capabilities to participate in alternative demand response strategies that aim both at network operation and market participation optimization