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Demand side management—A simulation of household behavior under variable prices

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  • Gottwalt, Sebastian
  • Ketter, Wolfgang
  • Block, Carsten
  • Collins, John
  • Weinhardt, Christof

Abstract

Within the next years, consumer households will be increasingly equipped with smart metering and intelligent appliances. These technologies are the basis for households to better monitor electricity consumption and to actively control loads in private homes. Demand side management (DSM) can be adopted to private households. We present a simulation model that generates household load profiles under flat tariffs and simulates changes in these profiles when households are equipped with smart appliances and face time-based electricity prices.

Suggested Citation

  • Gottwalt, Sebastian & Ketter, Wolfgang & Block, Carsten & Collins, John & Weinhardt, Christof, 2011. "Demand side management—A simulation of household behavior under variable prices," Energy Policy, Elsevier, vol. 39(12), pages 8163-8174.
    • Handle: RePEc:eee:enepol:v:39:y:2011:i:12:p:8163-8174
    DOI: 10.1016/j.enpol.2011.10.016
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    References listed on IDEAS

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