How Interoperability of Flexibility Platforms Enables Market Design Opportunities

Manuela McCulloch; Jonas Dierenbach; Munkhtsetseg Baatar; Dietmar Graeber; Ksenia Tolstrup; Sarah Fanta; Viktor Zobernig

How Interoperability of Flexibility Platforms Enables Market Design Opportunities

Manuela McCulloch, Jonas Dierenbach, Munkhtsetseg Baatar, Dietmar Graeber, Ksenia Tolstrup, Sarah Fanta, Viktor Zobernig

Integrated Energy Systems

Ulm University of Applied Sciences

Publikation: Beitrag in Buch oder Tagungsband › Vortrag mit Beitrag in Tagungsband › Begutachtung

Abstract

This article discusses market design opportunities of interoperable flexibility platforms in the context of Europe's energy transition. While numerous flexibility platforms already exist, they are not yet interoperable, which limits the potential for flexible resources to participate in them. The DigIPlat project - in which the research for this article was conducted - aims to provide measures for implementing standardized digital solutions for the interaction of transnational flexibility markets, as well as new use cases for maximizing the value of flexibility for multiple system services. This paper specifies three use cases regarding to
interoperable use of flexibility for balancing, congestion management, and intraday markets.

Originalsprache	Englisch
Titel	19th International Conference on the European Energy Market (EEM 2023) Proceedings
Seiten	1-4
Seitenumfang	4
ISBN (elektronisch)	979-8-3503-1258-4/23
Publikationsstatus	Veröffentlicht - 11 Juli 2023
Veranstaltung	EEM23 Conference: 19th International Conference on the European Energy Market - Lappeenranta, Finland, Lappeenranta, Finnland Dauer: 6 Juni 2023 → 8 Juni 2023 https://www.lut.fi/en/eem23

Konferenz

Konferenz	EEM23 Conference
Kurztitel	EEM23
Land/Gebiet	Finnland
Stadt	Lappeenranta
Zeitraum	6/06/23 → 8/06/23
Internetadresse	https://www.lut.fi/en/eem23

Research Field

Ehemaliges Research Field - Integrated Energy Systems

UN SDGs

Dieser Output leistet einen Beitrag zu folgendem(n) Ziel(en) für nachhaltige Entwicklung

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https://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=10161815

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title = "How Interoperability of Flexibility Platforms Enables Market Design Opportunities",

abstract = "This article discusses market design opportunities of interoperable flexibility platforms in the context of Europe's energy transition. While numerous flexibility platforms already exist, they are not yet interoperable, which limits the potential for flexible resources to participate in them. The DigIPlat project - in which the research for this article was conducted - aims to provide measures for implementing standardized digital solutions for the interaction of transnational flexibility markets, as well as new use cases for maximizing the value of flexibility for multiple system services. This paper specifies three use cases regarding to interoperable use of flexibility for balancing, congestion management, and intraday markets. ",

keywords = "Flexibility markets, Costs, Atmospheric measurement, Balancing energy, Interoperability, Optimisation",

author = "Manuela McCulloch and Jonas Dierenbach and Munkhtsetseg Baatar and Dietmar Graeber and Ksenia Tolstrup and Sarah Fanta and Viktor Zobernig",

year = "2023",

month = jul,

day = "11",

language = "English",

pages = "1--4",

booktitle = "19th International Conference on the European Energy Market (EEM 2023) Proceedings",

note = "EEM23 Conference : 19th International Conference on the European Energy Market, EEM23 ; Conference date: 06-06-2023 Through 08-06-2023",

url = "https://www.lut.fi/en/eem23",

}

McCulloch, M, Dierenbach, J, Baatar, M, Graeber, D, Tolstrup, K, Fanta, S & Zobernig, V 2023, How Interoperability of Flexibility Platforms Enables Market Design Opportunities. in 19th International Conference on the European Energy Market (EEM 2023) Proceedings. S. 1-4, EEM23 Conference, Lappeenranta, Finnland, 6/06/23. <https://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=10161815>

TY - GEN

T1 - How Interoperability of Flexibility Platforms Enables Market Design Opportunities

AU - McCulloch, Manuela

AU - Dierenbach, Jonas

AU - Baatar, Munkhtsetseg

AU - Graeber, Dietmar

AU - Tolstrup, Ksenia

AU - Fanta, Sarah

AU - Zobernig, Viktor

PY - 2023/7/11

Y1 - 2023/7/11

N2 - This article discusses market design opportunities of interoperable flexibility platforms in the context of Europe's energy transition. While numerous flexibility platforms already exist, they are not yet interoperable, which limits the potential for flexible resources to participate in them. The DigIPlat project - in which the research for this article was conducted - aims to provide measures for implementing standardized digital solutions for the interaction of transnational flexibility markets, as well as new use cases for maximizing the value of flexibility for multiple system services. This paper specifies three use cases regarding to interoperable use of flexibility for balancing, congestion management, and intraday markets.

AB - This article discusses market design opportunities of interoperable flexibility platforms in the context of Europe's energy transition. While numerous flexibility platforms already exist, they are not yet interoperable, which limits the potential for flexible resources to participate in them. The DigIPlat project - in which the research for this article was conducted - aims to provide measures for implementing standardized digital solutions for the interaction of transnational flexibility markets, as well as new use cases for maximizing the value of flexibility for multiple system services. This paper specifies three use cases regarding to interoperable use of flexibility for balancing, congestion management, and intraday markets.

KW - Flexibility markets

KW - Costs

KW - Atmospheric measurement

KW - Balancing energy

KW - Interoperability

KW - Optimisation

M3 - Conference Proceedings with Oral Presentation

SP - 1

EP - 4

BT - 19th International Conference on the European Energy Market (EEM 2023) Proceedings

T2 - EEM23 Conference

Y2 - 6 June 2023 through 8 June 2023

ER -

How Interoperability of Flexibility Platforms Enables Market Design Opportunities

Abstract

Konferenz

Research Field

UN SDGs

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