New insights for setting up contractual options for demand side flexibility

This paper exploits the Duration-of-Use of the demand patterns as a key concept for dealing with demand side flexibility. Starting from the consideration that fine-grained energy metering is not used at the point of supply of the electricity consumers, i.e., the granularity of the energy measured (at time steps of 15 minutes, 30 minutes or one hour) is not sufficient to represent the variability of the demand patterns, event-based energy metering (EDM) is indicated as a viable option to provide a very detailed reconstruction of the demand patterns. In particular, the use of EDM enables high-quality tracking of the demand peaks with a reduced number of data with respect to the ones needed to measure energy at regular time steps for reaching a similar peak tracking capability. From the EDM outcomes, a new class of options for setting up tariffs or contracts for flexibility, based on the demand duration curve, is envisioned.