Profitability analysis on demand-side flexibility: A review

Flexibility has emerged as an optimal solution to the increasing uncertainty in power systems produced by continuous development and penetration of distributed generation based on renewable energy. Many studies have shown benefits for system operators stakeholders diverse ancillary services derived from demand-side flexibility. Cost-benefit analysis these flexibility should be carried out determine profitable applications, well required adjustments energy market, price schemes normative framework maximize positive impacts available This paper endeavors review main topics, variables indexes related profitability flexibility, influence markets, pricing standards revenue maximization. The conclusions drawn this demonstrate that considerably de-pends market structure, involved assets, electricity prices current remuneration.