Demand Response in Industrial Production (DRIP)
Demand Response (DR) is an important pillar in the context of Smart Grid concepts and can contribute significantly to achieving the 20/20/20 goals. DR aims at adjusting the electricity demand to the grid requirements at a given point of time and thereby facilitates the further integration of renewable energy sources (RES), the improvement of efficiency of electricity grids and – consequently – the reduction of CO2 emissions.
The main objective of this project is to facilitate the integration of RES in the electricity grid due to the usage of the flexibility potential in the energy consuming process of industrial customers.
As a result the benefits of active involvement of industrial customers in the electricity markets will be demonstrated. Based on the obtained results a business model will be developed and a roadmap for the implementation of DR for the market side and policy makers will be presented.