Vassilis Stavrakas, research scientist of TEESlab, participated in the Joint Event of the H2020 projects SETNav & TRANSrisk in Athens, presenting the DREEM model and its application to the case of Greece, exploring potential transition pathways for a low-carbon power system, based on the notion of “prosumers”.
DREEM is a dynamic demand response simulation model that assesses the capabilities and limitations of demand flexibility in the residential sector. The model is part of the TEESlab Models (TEEM) suite, and it quantifies the value of electricity demand flexibility (e.g. self-consumption, demand-response signals, etc.), exploring potential benefits for consumers.
Find the full presentation here.