TY - JOUR
T1 - From the Humble Building to the Smart Sustainable Grid
T2 - Empowering Consumers, Nurturing Bottom-Up Electricity Markets, and Building Collaborative Power Systems
AU - Avramidis, Iason Iraklis
AU - Capitanescu, Florin
AU - Deconinck, Geert
AU - Nagpal, Himanshu
AU - Heiselberg, Per
AU - Madureira, Andre
N1 - Publisher Copyright:
© 2003-2012 IEEE.
PY - 2023/7/1
Y1 - 2023/7/1
N2 - Recent geopolitical developments have placed global decarbonization at the top of the global agenda. However, moving toward a low-carbon energy system is challenging. The exponential growth of renewable technologies introduces unprecedented uncertainty in the operators' decision-making process, while the increasing electrification leads to drastic increases in demand, further straining the power grid. The behavior of electricity customers is no longer a passive parameter of system operation but an active part of it. Demand-side flexibility has been identified as a critical piece of the puzzle, i.e., stimulating customers to modify their consumption patterns and contribute to the energy supply through local production. Residential, office, and commercial buildings contribute roughly 30%-40% of the total energy consumption, hence holding massive potential to offer flexibility services.
AB - Recent geopolitical developments have placed global decarbonization at the top of the global agenda. However, moving toward a low-carbon energy system is challenging. The exponential growth of renewable technologies introduces unprecedented uncertainty in the operators' decision-making process, while the increasing electrification leads to drastic increases in demand, further straining the power grid. The behavior of electricity customers is no longer a passive parameter of system operation but an active part of it. Demand-side flexibility has been identified as a critical piece of the puzzle, i.e., stimulating customers to modify their consumption patterns and contribute to the energy supply through local production. Residential, office, and commercial buildings contribute roughly 30%-40% of the total energy consumption, hence holding massive potential to offer flexibility services.
UR - http://www.scopus.com/inward/record.url?scp=85163663734&partnerID=8YFLogxK
U2 - 10.1109/MPE.2023.3269538
DO - 10.1109/MPE.2023.3269538
M3 - Journal article
AN - SCOPUS:85163663734
SN - 1540-7977
VL - 21
SP - 53
EP - 63
JO - IEEE Power and Energy Magazine
JF - IEEE Power and Energy Magazine
IS - 4
ER -