How to cut energy consumption peaks of the future?
In REINO, a project focused on developing smart demand response management, a research team led by Professor Sanna Syri is looking into how district heating systems could respond to high consumption peaks.
In the two-year project financed by Business Finland, the research team aims at developing smart energy systems that make use of digitalisation and the Internet of Things to find more opportunities for flexibility within electricity and heat demand.
“We aim to find out whether it would be possible not to take heat at full radiator capacity at all times. When the price peaks, would it be possible to cut the demand slightly without affecting users too much?”
Smart demand response management would make the price of energy more predictable for an individual user. When lower-priced electricity can be utilised at maximum capacity, while at the same time avoiding buying and consuming more expensive electricity, the total price of electricity will decline. The same could apply to heating.
Once smart demand response management systems finally become commonplace enough, the overall energy price will probably even out.
The service provider will earn a profit through energy savings, and the consumer will also hopefully gain some financial benefits from the new model, in addition to eco-friendliness.