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Residential bottom-up load modelling with price elasticity

Hayn, Marian; Bertsch, Valentin; Fichtner, Wolf

In the context of the German “Energiewende”, market mechanisms influencing residential electricity demand in distributed energy systems in a predictable way can help to improve the energy system’s stability and efficiency. In order to analyze such market mechanisms, for instance, electricity tariffs with variable prices, individual residential load profiles are required which reflect the diversity of individual households better than standard load profiles and additionally consider the flexibility of demand. As measured data is hardly available, bottom-up models are an adequate means to synthetically create realistic load profiles. The advantage of bottom-up models is that they are suitable to (i) account for technological innovations and development trends and (ii) to analyze the impact of regulatory changes, e.g., variable prices, on load profiles. For the latter, the behavior of households toward price changes, i.e., their price elasticity, needs to be considered in the models as well. In this paper, a residential bottom-up load model is presented in detail. It enhances existing models, amongst others, by a more detailed represen ... mehr

Zugehörige Institution(en) am KIT Institut für Industriebetriebslehre und Industrielle Produktion (IIP)
Karlsruhe Service Research Institute (KSRI)
Publikationstyp Proceedingsbeitrag
Jahr 2014
Sprache Englisch
Identifikator KITopen ID: 1000068969
Erschienen in Proceedings of the 14th IAEE European Conference, Rome, Italy, October 28-31, 2014
Verlag IAEE, Rom
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