Economic potential of demand side management based on smart metering of youth hostels in Germany

Additional electricity meters behind the grid access point can improve understanding of energy consumption patterns and thus, adjust consumption behavior. For this study, smart meters were installed in three hostels, out of which two are analyzed further in this paper. Starting from an onsite inspection, all appliances were assigned to reasonable groups for submetering. Based on data for the year 2021, the sites are characterized according to the sub-metering concept. In addition, load profiles for type-days are derived, which allows to establish a baseload during COVID lockdown and compare it to consumption patterns for normal occupation. In the prescriptive part, the demand profiles are analyzed regarding their economic potential for load shifting. Consumption data for one week with normal occupation is used as input for techno-economic modeling. The mixed-integer model minimizes electricity purchasing costs for different scenarios including dynamic tariffs and onsite generation from photovoltaics.