A paradigm shift has to be realized in future energy systems with high shares of renewable energy sources. The electrical demand has to react to the fluctuating electricity generation of renewable energy sources. To this end, flexible electrical loads like electric heating devices coupled with...

We present a novel method of determining the contribution of load-shifting Demand Response (DR) to energy and reserve markets. We model DR in an Mixed Complementarity Problem (MCP) framework with high levels of wind penetration. Investment, exit and operational decisions are optimised...