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Flexibility markets: Q&A with project pioneers
Schittekatte, Tim Meeus, Leonardo
Schittekatte, Tim
Meeus, Leonardo
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Publication Type
Journal article with impact factor
Editor
Supervisor
Publication Year
2020
Journal
Utilities Policy
Book
Publication Volume
63
Publication Issue
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Abstract
Flexibility markets are a promising tool to make better use of existing distribution grids. We analyse four pioneering projects implementing flexibility markets: Piclo Flex, Enera, GOPACS, and NODES. Based on a literature review, we develop a six-question framework. We find that all of the considered flexibility markets are operated by a third party. All projects also engage with multiple DSOs to become the standardized platform provider. Differences among the projects are found in the extent to which the flexibility markets are integrated into other existing markets, the use of reservation payments, the use of standardized products, and the way TSO-DSO cooperation is done. The answers to these questions vary for the projects because of different visions, use cases, or project maturity. Our case study analysis of four pioneering projects enriches the taxonomy and shows that practice is moving faster than the conceptual debate around flexibility markets.
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Keywords
Market Design, Flexibility, DSO, Flexibity Markets, Distributed Energy Resources, Redispatch, System Operators, Transmission