Balancing supply and demand
Storing electricity is very expensive. Storage requires a continuous balance between supply and demand. Insight into the amount of energy to be transported, the expected energy demand and the supply is a requirement. What measures can be taken to encourage cooperation between players in the market or in decision-making? What is the impact of people on the system? What are the behavioral characteristics of the users? We want to gain a better understanding of this. A new business model is needed in which several producers of energy supply to a central point, an aggregator. The Aggregator is then responsible for balancing supply and demand. Which network optimization models can be used? And how can game theory help with this?
Work package leader
Faculty of Science and Engineering