Abstract
After flexibility market will be established in Japan in 2021, the role of demand response (DR) will not be only for securing capacity (kW) and adjustment of power consumption (kWh), but also for adjustment of the power grid (⊿kW).
Services which require faster response generally have higher market prices because limited resources are able to bid. DR services might be continuously monetized with the balancing market. To consider commercialization of DR and Virtual Power Plant (VPP) in Japan in the future, it is important to watch the foreign cases where ancillary service market operations are ahead, and to investigate price level and resource type there.
We clarified price trends in three markets in the UK, Germany and the US, and resource type trends. In the UK and Germany, we conducted interviews with DR operators who hold demand-side resources to understand the actual situation and future directions.
