Project

A data-driven analysis of residential electricity flexibility

Code
BOF/STA/202309/013
Duration
01 February 2024 → 31 January 2028
Funding
Regional and community funding: Special Research Fund
Research disciplines
  • Social sciences
    • Agricultural and natural resource economics, environmental and ecological economics
    • Industrial economics
    • Household behaviour and family organisations
    • Micro-based behavioural economics
Keywords
heat pumps smart charging prijs incentives Electricity flexibility renewable energy electricity demand electricity
 
Project description

To achieve a climate-neutral electricity system, it is crucial to fully tap into the potential of residential flexibility. However, there is limited knowledge regarding the obstacles preventing households from adjusting their electricity usage in a flexible manner according to the system's requirements. This research project utilizes causal inference techniques to shed light on these barriers and propose strategies to overcome them. We collaborate with various partners and leverage two exclusive datasets for this purpose. Firstly, we analyze data from a large-scale smart charging program for electric vehicles to assess how human behavior impacts the potential for flexibility. Secondly, the project examines the consumption patterns of Flemish households and calculates the causal impact (and elasticity) of implementing the "capacity tariff." Specifically, we estimate the causal impact of the capacity tariff on charging behaviors, with a focus on the strategies adopted by households in response to this new tariff. This research provides an opportunity to generate innovative and fundamental insights into how households engage with their flexible assets and adjust their electricity consumption in reaction to policy changes.