Flexibility involves the adjustment of energy consumption or generation schedules to benefit the grid, for instance, providing services such as balancing, congestion management, and voltage control. Flexibility can be offered at different grid levels by flexibility service providers (FSPs) through market mechanisms. This study, produced in the context of the Horizon 2020 OneNet project, evaluates various TSO-DSO coordinated flexibility market models. In this assessment, the study considers factors like economic efficiency, consumer-centricity, existence of entry barriers, and value-stacking potential. The analysis highlights the importance of interface flow pricing and FSPs' bidding behaviour. The creation of local market layers can reduce entry barriers but may lead to market fragmentation. The study also explores bid forwarding mechanisms and methods to ensure grid safety. Overall, the work offers valuable insights for designing efficient and coordinated flexibility markets in Europe.
We examine the optimal behavior of carbon-emitting companies operating under the European Union Emission Trading System (EU ETS), under which firms are obliged to purchase emission permits on the secondary [...]
The Brief explores pathways to promote a sustainable agricultural trade regime for the EU. We identify three challenges and propose three potential paths forward. We discuss potential implications of the [...]
The rewable energy resources within EU27 are highly dominated by wind and solar energy delivering electricity as output. As electrification is the most efficient way to deliver the energy services [...]
Manufacturing firms in the EU face the double challenge of decarbonisation and (international) competitive pressure. Based on the key findings of the 2024 EIB investment survey and considering the economic [...]
Regulation 1370/2007, as amended by the Fourth Railway Package, set the date of 25 December 2023 for the opening to competition of services subject to public service obligations. As opposed [...]
This policy brief contends that a new approach to Long Term Contracts (LTCs) in European competition policy based on new facts, new realities and a revised reasoning must be urgently [...]
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