Understanding Peaks: REDPeAK and DEePRED
Principal Investigator: Professor Jacopo Torriti, University of Reading
Researcher: Dr Mate Janos Lorincz, REDPeAK
Researcher: Dr Timur Yunusov, DEePRED
EPSRC funded
Understanding peaks in residential electricity demand will open new opportunities for flexible demand and Demand Side Response. Little is known about the effects of Time of Use (Time of Use) tariffs on different socio-demographic groups and how social practices construct residential demand profiles. Two projects have been awarded funding from the Engineering and Physical Sciences Research Council (EPSRC) to understand the peaks in residential electricity peak demand.
REDPeAK (Residential Electricity Demand: Peaks, Sequences and Markov Chains) – the aim of REDPeAK is to understand which activities constitute peaks in residential electricity demand. In this project we investigate the role of synchronisation of activities and sequences of activities in shaping electricity demand.
DEePRED (Distributional Effects of Dynamic Pricing for Responsive Electricity Demand) – the overall aim of DEePRED is to analyse the distributional effects of Time of Use tariffs with a view to identify clusters of users which might significantly benefit or be disadvantaged through the provision of demand flexibility.