Harnessing households to mitigate renewables intermittency in the smart grid

DADR's performance is evaluated using a Monte Carlo simulation model, which assesses the method's intermittency mitigation potential and estimates the expected economic value of implementing it in the Israeli residential sector. Major components of the model are based on a survey, conducted among Israeli households. The survey results indicate that, given a sufficiently attractive economic incentive, participation rates can reach as high as 85-90%. The Monte Carlo simulation results reveal that DADR can make a significant contribution to mitigating renewables intermittency, with energy savings of hundreds to thousands of MWh a day and a positive net economic benefit.