Pooling of smart heat pumps provides flexibility to the electricity market and grids

Smart heat pumps can offer their flexibility to the future energy system. They can be pooled together to become an active player on the electricity markets. Energy costs can be saved by using temporarily low energy prices to fill their storages and avoid operating at high price peaks. Furthermore, offering negative balancing services can be a profitable business case for the customer, if the IT costs can be held sufficiently low. However, if operated unfavourably, the thereby increased simultaneity might pose problems to the local distribution grid.

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Publication type Magazine/Newsletter article

Publication date 19 April 2018

Authors Johanna Spreitzhofer, Tara Esterl, Roman Schwalbe and Matthias Stifter

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