Ontology-based tools for the management of customers' portfolios in a deregulated electricity market environment
Electricity prices in the new deregulated electricity market across Europe are now formulated by market forces while the scarcity of infrastructure resources that are necessary in order to serve the steadily increasing demand is becoming more profound. An instrument to efficiently cope with this situation is demand side management, especially when applied to small electricity consumers. The efficient support of this task necessitates the utilization of efficient computation tools in order to manage the huge and heterogeneous amount of data involved in this process. A model based on the Semantic Web notions is proposed in this paper for the efficient modeling of customer characteristics, aiming to assist an electricity provider in the development of his customer's portfolio in order to participate in a demand side bidding process.
KeywordsDemand Response Transmission System Operator Electrical Power Industry Energy Provider Demand Side Management
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