TY - JOUR
TI - Integrating the flexibility of the average Serbian consumer as a virtual storage option into the planning of energy systems
AU - Batas Bjelić Ilija R
AU - Škokljev Ivan A
AU - Pukšec Tomislav
AU - Krajačić Goran
AU - Duić Neven
JN - Thermal Science
PY - 2014
VL - 18
IS - 3
SP - 743
EP - 754
PT - Article
AB - With the integration of more variable renewable energy, the need for storage  is growing. Rather than utility scale storage, smart grid technology (not  restricted, but mainly involving bidirectional communication between the  supply and demand side and dynamic pricing) enables flexible consumption to  be a virtual storage alternative for moderation of the production of  variable renewable energy sources on the micro grid level. A study,  motivated with energy loss allocation, electric demand and the legal  framework that is characteristic for the average Serbian household, was  performed using the HOMER software tool. The decision to shift or build  deferrable load rather than sell on site generated energy from variable  renewable energy sources to the grid was based on the consumer's net present  cost minimization. Based on decreasing the grid sales hours of the micro  grid system to the transmission grid from 3,498 to 2,009, it was shown that  the demand response could be included in long-term planning of the virtual  storage option. Demand responsive actions that could be interpreted as  storage investment costs were quantified to 1€2 per year in this article.  [Projekat Ministarstva nauke Republike Srbije, br. 42009: Smart grid]