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Independent aggregation in the nordic day-ahead market : what is the welfare impact of socializing supplier compensation payments?

This paper addresses the participation of independent aggregators (IAs) for demand response (DR) in European electricity markets. An IA is an aggregator trading the...

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Tim Schittekatte KB ZB
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Environmental insurance and resilience in the age of natural disasters
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Evaluating models of CO2 transport governance : from state-led to market-based approaches
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FSR joins EU Commission-funded project, OneNet

With a total budget of over 28M euros (co-funding of the European Commission of about 22M euros), OneNet aims at developing the key instruments for a European approach to energy flexibility.

FSR has joined a consortium of over 70 partners in a project to create the foundations of One Electrical Network Infrastructure for Europe, OneNet. The project will provide seamless integration of all the actors in the electricity network across Europe for the optimization of the overall energy system and the creation of an open and fair market structure. 

 

Background

While the electrical grid is moving from being fully centralized to a highly decentralized system, grid operators have to adapt to this changing environment and adjust their current business model to accommodate faster reactions and adaptive flexibility. 

With a total budget of over 28M Euro (co-funding of the European Commission of about 22M Euro), OneNet aims at tackling this unprecedented challenge by developing the key instruments for a European approach to energy flexibility.

The project is led by the Fraunhofer Institute for Applied Information Technology FIT and brings together grid operators and academia. Alongside The Florence School of Regulation, key partners include ENTSO-E, EDSO, Elering, EDP Distribution, RWTH Aachen University, University of Comillas, VITO, European Dynamics, Ubitech, Engineering.

 

Key elements of OneNet

The key elements of the project are:

  1. Definition of a common market design for Europe: this means standardized products and key parameters for grid services which aim at the coordination of all actors, from grid operators to customers; 
  2. Definition of a Common IT Architecture and Common IT Interfaces: this means not trying to create a single IT platform for all the products but enabling an open architecture of interactions among several platforms so that anybody can join any market across Europe; and 
  3. Large-scale demonstrators to implement and showcase the scalable solutions developed throughout the project. These demonstrators are organized in four clusters coming to include countries in every region of Europe and testing innovative use cases never validated before. 

OneNet is an open project. It will benefit from cascade funding from the European Commission, and from the addition of new members to the consortium in the coming three years. OneNet calls for the creation of a unified vision for Europe’s electricity market to which operators, consumers and stakeholders across Europe are urged to contribute. To this end, throughout the project duration and afterwards, the project will develop and maintain the open forum initiative “GRIFOn”, a platform to freely discuss results with all relevant stakeholders external to the project and collect their feedback. 

 

About

The project OneNet (One Network for Europe) is funded through the EU’s eighth Framework Programme Horizon 2020. It is titled “TSO – DSO Consumer: Large-scale demonstrations of innovative grid services through demand response, storage and small-scale (RES) generation” and responds to the call “Building a low-carbon, climate-resilient future (LC)”. 

 

OneNet website – coming soon!

 

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