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Title:
 
Implementation of Business Models for Renewable Energy Aggregators: Experience from the European Project BestRES
 
Author(s):
 
S. Caneva, P. Alonso, S. Challet, I. Weiss
 
Keywords:
 
Renewable Energy, Business Model, Policies, Aggregators
 
Topic:
 
PV Economics, Markets and Policies
Subtopic: PV Economics and Markets
Event: 35th European Photovoltaic Solar Energy Conference and Exhibition
Session: 7DV.2.1
 
Pages:
 
2149 - 2152
ISBN: 3-936338-50-7
Paper DOI: 10.4229/35thEUPVSEC20182018-7DV.2.1
 
Price:
 
 
0,00 EUR
 
Document(s): paper
 

Abstract/Summary:


The electricity market landscape is changing because the growth in renewable energy is increasing the share of intermittent electricity and price volatility in the power system. In this framework, the market integration of intermittent electricity from renewable energy sources cannot be achieved by single individual, commercial or domestic consumers since they would only have a limited impact. It is only through a coordinated steering of vast amounts and types of consumers and producers that the use of distributed generation, demand side management and energy storage can be effective. This coordination action can be performed by facilitators such as renewable energy aggregators, which can accelerate the integration of intermittent electricity sources, enhance demand flexibility and decrease the reliance on renewable energy support schemes.