Clarifying the economic value of adjusting power consumption

Since the output of renewable energy such as photovoltaic generation tends to fluctuate, the power system can be viewed as a large-scale complex system with uncertainty. To stabilize the balance of supply and demand of electricity, we need an energy management system to control this. In recent years, energy management systems have been actively researched against the background of the liberalization of power and the spread of smart meters that visualize the power consumption. Koichi Kobayashi, associate professor at Hokkaido University, Shun-ichi Azuma, professor at Nagoya University, and Nobuyuki Yamaguchi, associate professor at Tokyo University of Science etc. developed demand response analysis and control technologies focusing on time-varying power generation costs.


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Source: Phys.org