Integrating supply and demand-side management in renewable-based energy systems

Demand-Response (DR) has emerged as a valuable resource option for balancing electricity supply and demand. However, traditional power system models have neglected to include DR within long-term expansion problems. We can summarize our scientific contributions in the following aspects: (i) design of new integrated co-optimization planning model demand coordination; (ii) assessment technical economic impact systems with high share Renewable Energy Sources (RES) (iii) proposal ‘opportunity cost’ concept computing price not meeting Findings this research support hypothesis that scenarios reveal potential delaying future investments capacity compared scenario BAU (Business Usual). it was found limited integrate additional renewable plants. This provided further evidence concerning decrease levels CO2 emissions is strictly related reduced need fossil fuel thermal Given RES share, uncertainties weather conditions must be however highlighted. study concludes on importance lays groundwork research.