Services Provided by Smart Grid | Values for Consumers | Values for System Operators | Values for Service Providers/Aggregators |
Demand Response Services | − Electricity bills will reduce − Consumption of electricity will reduce − Electricity quality will improve − More control over electricity usage − Blackouts will decrease − Customers will have multiple options for selecting different electricity packages | − Peak demand can be reduced − Stability and reliability of the system can be improved − Grid operations can be optimized − Costs and power losses can be reduced because of decreasing the distance of transmission lines − Supply security and power quality will be improved − Benefit for the environment by not emitting gasses | − Investment in a power plant can be reduced by decreasing peak demand − Income can be increased by offering additional services − For energy retailers, sourcing cost can be reduced |