Large-scale demand response and its implications for spot prices, load and policies: Insights from the German-Austrian electricity market

•We model the large-scale impact of demand response systems with real-world data.•Our key measures include electricity price, grid load and financial savings.•The average spot price, as well as the peak price, decrease considerably.•However, the volatility of the price can rise, impairing non-flexib...

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Bibliographic Details
Published in:	Applied energy Vol. 210; pp. 1290 - 1298
Main Authors:	Märkle-Huß, Joscha, Feuerriegel, Stefan, Neumann, Dirk
Format:	Journal Article
Language:	English
Published:	Elsevier Ltd 15.01.2018
Subjects:	Austria consumers (people) Demand response electricity electricity costs Electricity price energy Financial savings Germany infrastructure issues and policy Load Load shifting markets Policy implications prices Austria Germany Load shifting Financial savings Load Demand response Policy implications Electricity price
ISSN:	0306-2619, 1872-9118
Online Access:	Get full text
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