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.
This dataset is composed of five indicators which provide information on the economic and environmental performance of sectors covered by the European Union’s Emissions Trading Scheme (EU ETS). The focus [...]
On 21 February 2024 the European Commission Directorate General for Mobility and Transport in cooperation with the Florence School of Regulation hosted an academic conference to explore opportunities and challenges [...]
Rail has a key role to play in making transport more efficient and sustainable in the EU and elsewhere. However, increasing passenger and cargo volumes require investment in infrastructure, and [...]
In this work, we present the major application and impact areas of Contracts-for-Difference (CfDs) in a European context, describe the most relevant design dimensions and discuss several design packages for [...]
After years of record announcements, frantic policy development and the establishment of substantial public support mechanisms, the clean hydrogen sector is nearing an inflexion point. Many clean hydrogen projects have [...]
The safeguarding of critical offshore energy infrastructure has assumed a heightened level of urgency in the wake of the Nord Stream pipeline explosions in September 2022 and the suspected sabotage [...]
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