THE ECONOMIC POTENTIAL OF DEMAND RESPONSE IN LIBERALISED ELECTRICITY MARKETS: A QUANTITATIVE ASSESSMENT FOR THE FRENCH POWER SYSTEM

06-11-2018 -  Antoine VERRIER
Under the supervision of Jan Horst KEPPLER

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Power grid Dispatching Network Hydro Plant

The aim of this thesis is to assess the economic value of Demand Response considering three key aspects that have not so far been examined together:
1. Consumer-based constraints, made explicit in the contract with the aggregator;
2. Impact of Demand Response on market prices;
3. The aggregator maximizes its profit under uncertainty arising from the residual electricity demand.

We perform a case study on the French power system.

Thesis summary :
http://www.ceem-dauphine.org/assets/dropbox/Antoine_Verrier_-_Thesis_Abstract_2018.pdf