Variable Generation, Flexible Demand

Variable Generation, Flexible Demand looks at a future in which power system researchers, operators and analysts need to predict variable renewable generation and schedule demand to match it. Contributors survey the significant expansion in the role of flexible demand in balancing supply and demand in conjunction with flexible generation in ‘peaking plants’ and energy storage as the proportion of variable renewable generation rises in many systems across the world. Supported with case studies, the book examines practical ways that demand flexibility can play a constructive role as more systems move towards higher levels of renewable generation in their electricity mix.

• Examines practical ways that demand flexibility can play a constructive role in future energy systems
• Reviews the vital role of market design, business models, enabling technologies, policies and regulation in implementation of flexible demand
• Includes detailed case studies that address the role of flexible demand across transitioning power markets

Graduate and 1st year PhD level studying energy markets and energy systems. Policymakers. Energy economists. Grid operators. Energy system operators. Electric utilities. Regulators and policy makers across the electric power sector. Companies developing flexible demand services or options. Technology companies working on aggregating & delivering demand response

Foreword by Ken Baldwin, Energy Change Institute, ANU, Canberra Australia
Preface by Luca Lo Schiavo, ARERA, Italian energy regulatory authority, Milan, Italy
Introduction by Fereidoon Sioshansi, Menlo Energy Economics

Part One: Variable renewable generation
1. The evolution of California’s variable renewable generation
Fereidoon Sioshansi, Menlo Energy Economics
2. Variability of generation in ERCOT and the role of flexible demand
Ross Baldick, Univ. of Texas, Austin
3. Rising variability of generation in Italy: The grid operator’s perspective
Giacomo Terenzi, Terna, Italy
4. Integrating the rising variable renewable generation: A Spanish perspective
Juan Jose Alba, Julian Barquin, Carolina Vereda and Eduardo Moreda, Endesa, Spain

Part Two: Flexible demand
5. What is flexible demand; what demand is flexible?
Fereidoon Sioshansi, Menlo Energy Economics
6. Who are the customers with flexible demand, and how to find them?
Carlo Stagnaro, Istituto Bruno Leoni and Simona Benedettini, PwC, Italy
7. How can flexible demand be aggregated and delivered to scale?
Fereidoon Sioshansi, Menlo Energy Economics
8. Electric vehicles: The ultimate flexible demand
Fereidoon Sioshansi, Menlo Energy Economics
9. Load flexibility: Market potential and opportunities in the US
Ryan Hledik and Tony Lee, The Brattle Group
10. Demand response in the US wholesale markets: Recent trends, new models and forecasts
Udi Helman, Helman Analytics
11. What’s limiting flexible demand from playing a bigger role in the US organized markets? The PJM experience
Joseph Bowring, Monitoring Analytics, LLC

Part Three: Coupling flexible demand to variable generation
12. Valuing consumer flexibility in electricity market design
Laurens de Vries, TU Delft and Gerard Doorman, Statnett SF
13. Variable renewables and demand flexibility: Day-ahead versus intra-day valuation
Reinhard Madlener, RWTH Aachen University and Oliver Ruhnau, Hertie School, Berlin
14. The value of flexibility in Australia’s national electricity market
Alan Rai, Baringa Partners, Prabpreet Calais, Kate Wild and Greg Williams, Australian Energy Market Commission and Tim Nelson, Griffith University, Sydney, Australia
15. Demand flexibility and what it can contribute in Germany
Dierk Bauknecht, Christoph Heinemann, Matthias Koch and Moritz Vogel, Oeko-Institut, Freiburg, Germany
16. Industrial demand flexibility: A German case study
Sabine Löbbe, and André Hackbarth, Univ. of Reutlingen and Heinz Hagenlocher and Uwe Ziegler, Avat, Tubingen, Germany

Part Four: Implementation, business models, enabling technologies, policies, regulation
17. Market design and regulation to encourage demand aggregation and participation in European wholesale markets
Juan José Alba, Carolina Vereda, Julían Barquín and Eduardo Moreda, Endesa, Spain
18. Do time-of-use tariffs make residential demand more flexible? Evidence from Victoria, Australia
Kelly Burns and Bruce Mountain, Victoria Energy Policy Centre, Victoria University, Melbourne, Australia
19. Empowering consumers to deliver flexible demand
Lynne Gallagher, Energy Consumers Australia, and Elisabeth Ross, independent consultant, Sydney, Australia
20. Markets for flexibility: Product definition, market design and regulation
Richard L. Hochstetler, Instituto Acende Brasil, Sao Paulo, Brasil
21. Energy communities and flexible demand
David Robinson, Oxford Institute for Energy Studies
22. Flexible demand: What’s in it for the customer?
Mike Swanston, Customer Advocate, Brisbane, Australia

Epilogue
Ahmad Faruqui, The Brattle Group, San Francisco, CA