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Managing electric flexibility from Distributed Energy Resources: A review of incentives for market design
KTH, School of Electrical Engineering (EES).
2016 (English)In: Renewable & sustainable energy reviews, ISSN 1364-0321, E-ISSN 1879-0690, Vol. 64, 237-247 p.Article in journal (Refereed) Published
Abstract [en]

In many electric systems worldwide the penetration of Distributed Energy Resources (DER) at the distribution levels is increasing. This penetration brings in different challenges for electricity system management; however if the flexibility of those DER is well managed opportunities arise for coordination. At high voltage levels under responsibility of the system operator, trading mechanisms like contracts for ancillary services and balancing markets provide opportunities for economic efficient supply of system flexibility services. In a situation with smart metering and real-time management of distribution networks, similar arrangements could be enabled for medium- and low-voltage levels. This paper presents a review and classification of existing DER as flexibility providers and a breakdown of trading platforms for DER flexibility in electricity markets.

Place, publisher, year, edition, pages
Elsevier, 2016. Vol. 64, 237-247 p.
Keyword [en]
Demand side management, Power markets, Demand response, DR, Demand flexibility, Distributed Generation, DG
National Category
Energy Systems
Identifiers
URN: urn:nbn:se:kth:diva-214855DOI: 10.1016/j.rser.2016.06.008ISI: 000381833200016Scopus ID: 2-s2.0-84975818525OAI: oai:DiVA.org:kth-214855DiVA: diva2:1143950
Funder
EU, European Research Council
Note

QC 20170925

Available from: 2017-09-24 Created: 2017-09-24 Last updated: 2017-09-25Bibliographically approved
In thesis
1. Towards the design of flexibility management in smart grids: A techno-institutional perspective
Open this publication in new window or tab >>Towards the design of flexibility management in smart grids: A techno-institutional perspective
2017 (English)Doctoral thesis, comprehensive summary (Other academic)
Abstract [en]

The European policy focus on smart grids implies their development as an indispensable part of the future power system. However, the definition of a smart grid is broad and vague, and the actual implementation of a smart grid can differ significantly, depending on the stakeholders involved.This work aims to inform policy makers, the electricity industry and researchers about stakeholder interests and the technical complexities involved by presenting smart grids via a techno-institutional framework. This framework takes account of the technical nature of the electricity transport and supply service as well as the institutional nature of electricity markets, stakeholder perspectives and sector regulation. In addition, this work presents potential revenues resulting from flexibility management in smart grids and proposes a way forward for smart grids and flexibility management in Europe.

Place, publisher, year, edition, pages
Delft: Gildeprint, 2017. 242 p.
Series
TRITA-EE, ISSN 1653-5146 ; 2017-068
Keyword
energy, electricity, regulation, European Union, distribution networks, balancing markets, distributed energy resources, congestion management, market transparency, European governance, European modes of regulation, regulatory change
National Category
Electrical Engineering, Electronic Engineering, Information Engineering
Research subject
Electrical Engineering
Identifiers
urn:nbn:se:kth:diva-214857 (URN)978-94-6233-738-1 (ISBN)
Public defence
2017-11-17, Senaatszaal, Mekelweg 5, Delft, 15:00 (English)
Opponent
Supervisors
Note

QC 20170925

Available from: 2017-09-25 Created: 2017-09-24 Last updated: 2017-10-04Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
  • harvard1
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  • vancouver
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More styles
Language
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  • Other locale
More languages
Output format
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