TY - JOUR
T1 - FLEXGRID – A novel smart grid architecture that facilitates high-RES penetration through innovative flexibility markets towards efficient stakeholder interaction
AU - Efthymiopoulos, Nikolaos
AU - Makris, Prodromos
AU - Tsaousoglou, Georgios
AU - Steriotis, Konstantinos
AU - Vergados, Dimitrios J.
AU - Khaksari, Alireza
AU - Herre, Lars
AU - Lacort, Victor
AU - Martinez, German
AU - Lorente, Elena Leal
AU - Gehrcke, Robert
AU - Bagherpour, Matin
AU - Milzer, Gesa
AU - Pellerin, Bryan
AU - Farrukh, Farhan
AU - Thoma, Malte
AU - Tadin, Tonci
AU - Baka, Maria-Iro
AU - Papadimitriou, Christina
AU - Kyprianou, Andreas
AU - Georghiou, George E.
AU - Pandzic, Hrvoje
AU - Badanjak, Domagoj
AU - Chatzivasileiadis, Spyros
AU - Prat, Eléa
AU - Călin, Mihai
AU - Esterl, Tara
AU - Andrén, Filip Pröstl
AU - Varvarigos, Emmanouel
PY - 2023/10/2
Y1 - 2023/10/2
N2 - The FLEXGRID project develops a digital platform designed to offer Digital Energy Services (DESs) that facilitate energy sector stakeholders (i.e. Distribution System Operators - DSOs, Transmission System Operators - TSOs, market operators, Renewable Energy Sources - RES producers, retailers, flexibility aggregators) towards: i) automating and optimizing the planning and operation/management of their systems/assets, and ii) interacting in a dynamic and efficient way with their environment (electricity system) and the rest of the stakeholders. In this way, FLEXGRID envisages secure, sustainable, competitive, and affordable smart grids. A key objective is the incentivization of large-scale bottom-up investments in Distributed Energy Resources (DERs) through innovative smart grid management. Towards this goal, FLEXGRID develops innovative data models and energy market architectures (with high liquidity and efficiency) that effectively manage smart grids through an advanced TSO-DSO interaction as well as interactions between Transmission Network and Distribution Network level energy markets. Consequently, and through intelligence that exploits the innovation of the proposed market architecture, FLEXGRID develops investment tools able to examine in depth the emerging energy ecosystem and allow in this way: i) the financial sustainability of DER investors, and ii) the market liquidity/efficiency through advanced exploitation of DERs and intelligent network upgrades.
AB - The FLEXGRID project develops a digital platform designed to offer Digital Energy Services (DESs) that facilitate energy sector stakeholders (i.e. Distribution System Operators - DSOs, Transmission System Operators - TSOs, market operators, Renewable Energy Sources - RES producers, retailers, flexibility aggregators) towards: i) automating and optimizing the planning and operation/management of their systems/assets, and ii) interacting in a dynamic and efficient way with their environment (electricity system) and the rest of the stakeholders. In this way, FLEXGRID envisages secure, sustainable, competitive, and affordable smart grids. A key objective is the incentivization of large-scale bottom-up investments in Distributed Energy Resources (DERs) through innovative smart grid management. Towards this goal, FLEXGRID develops innovative data models and energy market architectures (with high liquidity and efficiency) that effectively manage smart grids through an advanced TSO-DSO interaction as well as interactions between Transmission Network and Distribution Network level energy markets. Consequently, and through intelligence that exploits the innovation of the proposed market architecture, FLEXGRID develops investment tools able to examine in depth the emerging energy ecosystem and allow in this way: i) the financial sustainability of DER investors, and ii) the market liquidity/efficiency through advanced exploitation of DERs and intelligent network upgrades.
U2 - 10.12688/openreseurope.14109.2
DO - 10.12688/openreseurope.14109.2
M3 - Article
SN - 2732-5121
JO - Open Research Europe
JF - Open Research Europe
ER -
