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.
In the North Seas region, a coalition of 9 countries expressed the ambition to quadruple their offshore wind capacity from 30 GW to 120 GW by 2030, and to then [...]
The EU's non-financial reporting (NFR) regulations have significant impacts on Global South stakeholders, firms that must report, actors lower in the value chain, and organisations seeking investment from NFR-compliant firms [...]
Innovation is closely linked to air transport, from the development of aircraft technologies to the creation of computer reservation systems. T he latter led to the development of global distribution [...]
Since October 2022, Russia’s escalated attacks on Ukraine’s energy infrastructure have caused widespread damage, severely impacting energy security and economic stability. Despite these challenges, Ukraine has demonstrated remarkable resilience, restoring [...]
The European Union is strongly urbanised, with 432 urban nodes identified. This vast array of urban hubs has a significant economic and geographical value. Urban nodes are critical to the [...]
Reducing carbon emission in the wastewater treatment sector requires both lower energy consumption and a transition towards renewable energy sources. Utilizing the embedded energy in wastewater, which has been traditionally [...]
Join our community
To meet, discuss and learn in the channel that suits you best.
Read it on Cadmus Download in open access
