Decision support tool to determine the suitability of demand side management implementation in continuously operated processes – A biorefinery case study

Abstract

AbstractThe time‐dependent adjustment of a system's power demand simultaneously with current power generation is commonly referred to as demand side management (DSM). DSM strategies are based on the flexibility to purchase electricity at times when prices are low, which can result in monetary benefits. One option to increase the flexibility of continuously operated processes is to oversize them. From an economic point of view, this leads to an increased investment. DSM only serves an economic purpose if the monetary benefits exceed this increase in capital costs. The main goal of this contribution is to develop a decision support tool to help evaluate unit operations regarding their feasibility for DSM implementation. In a case study, the decision support tool was applied to show its functionality on a biomethane production plant. The results show that with the help of the decision support tool, evaluating unit operations concerning their economic DSM potential is possible.