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Will Aggregator Reduce Renewable Power Surpluses? A System Dynamics Approach for the Latvia Case Study

Author

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  • Ieva Pakere

    (Institute of Energy Systems and Environment, Riga Technical University, LV-1048 Riga, Latvia)

  • Armands Gravelsins

    (Institute of Energy Systems and Environment, Riga Technical University, LV-1048 Riga, Latvia)

  • Girts Bohvalovs

    (Institute of Energy Systems and Environment, Riga Technical University, LV-1048 Riga, Latvia)

  • Liga Rozentale

    (Institute of Energy Systems and Environment, Riga Technical University, LV-1048 Riga, Latvia)

  • Dagnija Blumberga

    (Institute of Energy Systems and Environment, Riga Technical University, LV-1048 Riga, Latvia)

Abstract

Power demand-side management has been identified as one of the possible elements towards a more flexible power system in case of increased capacities of variable renewable energy sources—solar and wind energy. The market coordinators or aggregators are introduced to adjust the electricity consumption by following the market situation. However, the role of aggregators is mainly analysed from the economic perspective, and the demand side management is performed to maximise the utilisation of low price power during off-peak hours. However, this research focuses on analysing the introduction of aggregators as a future player to increase the total share of renewable power and decrease the surplus solar and wind electricity occurrence. An in-depth system dynamics model has been developed to analyse the hourly power production and power consumption rates at the national level for the Latvia case study. The results show that introducing aggregators and load shifting based on standard peak shaving can increase the share of surplus power and does not benefit from increased utilisation of solar and wind power. On the contrary, demand-side management based on available RES power can decrease the surplus power by 5%.

Suggested Citation

  • Ieva Pakere & Armands Gravelsins & Girts Bohvalovs & Liga Rozentale & Dagnija Blumberga, 2021. "Will Aggregator Reduce Renewable Power Surpluses? A System Dynamics Approach for the Latvia Case Study," Energies, MDPI, vol. 14(23), pages 1-21, November.
  • Handle: RePEc:gam:jeners:v:14:y:2021:i:23:p:7900-:d:687337
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    References listed on IDEAS

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    2. Maja Božičević Vrhovčak & Bruno Malbašić, 2023. "Unlocking the Value of Aggregated Demand Response: A Survey of European Electricity Markets," Energies, MDPI, vol. 16(17), pages 1-13, September.

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