%0 Journal Article %A Jimeno, Joseba %A Ruiz, Nerea %A Madina, Carlos %T Aggregation of thermostatically controlled loads for flexibility markets %D 2019 * AIM %X This paper presents a tool for an aggregator of thermostatically controlled loads (TCLs) to optimally combine their flexibilities into a few representative bids to be submitted to flexibility markets. The tool employs a “bottom-up” approach based on physical end-use load models, being the individual flexibility of each individual TCL simulated with a second-order thermal model describing the dynamics of the house. The approach is based on a direct load control (DLC) of thermostat temperature set-point by the aggregator. End-users receive an economic compensation in exchange for the loss of comfort. The applicability of the proposed model is demonstrated in a simulation case study based on an actual power system in Spain. %@ 2032-9644 %K Energy %K Thermostatically controlled loads %K TCLs %U http://hdl.handle.net/11556/780 %~ GOEDOC, SUB GOETTINGEN