Flexibility markets : Q&A with project pioneers

dc.contributor.authorSCHITTEKATTE, Tim
dc.contributor.authorMEEUS, Leonardo
dc.date.accessioned2019-05-29T14:52:11Z
dc.date.available2019-05-29T14:52:11Z
dc.date.issued2019
dc.description.abstractFlexibility markets are recognised as a promising tool to make better use of existing distribution grids and thereby also reduce the need for grid investments. In this paper, we analyse four pioneering projects implementing flexibility markets: Piclo Flex, Enera, GOPACS and NODES. Based on a literature review, we develop a six-question framework and we then analyse the projects with that framework. The questions are: (1) Is the flexibility market integrated in the existing sequence of EU electricity markets; (2) Is the flexibility market operator a third party; (3) Are there reservation payments; (4) Are the products standardised; (5) Is there TSO-DSO cooperation for the organisation of the flexibility market; (6) Is there DSO-DSO cooperation for the organisation of the flexibility market. We find that all the considered flexibility markets are operated by a third party. All projects also engage with multiple DSOs in order to become the standardised platform provider. Important differences between the projects are the extent to which the flexibility markets are integrated into other markets, the use of reservation payments, the use of standardised products and the way TSO-DSO cooperation has been implemented.en
dc.format.mimetypeapplication/pdfen
dc.identifier.issn1028-3625
dc.identifier.urihttps://hdl.handle.net/1814/63066
dc.language.isoenen
dc.orcid.uploadtrue*
dc.relation.hasversionhttp://hdl.handle.net/1814/66226
dc.relation.ispartofseriesEUI RSCASen
dc.relation.ispartofseries2019/39en
dc.relation.ispartofseriesFlorence School of Regulationen
dc.relation.ispartofseriesEnergyen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.subjectMarket designen
dc.subjectFlexibilityen
dc.subjectDSOen
dc.subjectFlexibility marketsen
dc.subjectDistributed energy resourcesen
dc.subjectRedispatchen
dc.titleFlexibility markets : Q&A with project pioneersen
dc.typeWorking Paperen
dspace.entity.typePublication
eui.subscribe.skiptrue
person.identifier.orcid0000-0002-7196-0231
person.identifier.orcid0000-0003-1490-816X
person.identifier.other39547
person.identifier.other32778
relation.isAuthorOfPublication57960b5a-88e2-47cb-b97d-3f6202b8a892
relation.isAuthorOfPublicationf2da77f1-d2c6-454f-a1fc-f3fa3f0d7261
relation.isAuthorOfPublication.latestForDiscovery57960b5a-88e2-47cb-b97d-3f6202b8a892
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