📄 A new SEEDS publication is now available!
“Exploring the impacts of consumer reaction to dynamic heat prices in district heating” by Reza Mokhtari, Henrik Madsen, and Rongling Li.
The study investigates how households respond to dynamic heat pricing, a promising demand response strategy for district heating systems, and the resulting implications for energy flexibility, costs, and decarbonization.
Key insights:
🔹 Manual thermostat adjustments can reduce heating costs by up to 34%.
🔹 Automatic controllers can increase savings to 46% by reacting seamlessly to price changes.
🔹 Dynamic pricing can enable load shifting, contributing to more sustainable heating systems.
The study suggests that dynamic pricing can be leveraged to motivate consumers for load shifting, leading to decreased heating costs and decarbonization.
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