How Interoperability of Flexibility Platforms Enables Market Design Opportunities

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

Research output: Chapter in Book or Conference ProceedingsConference Proceedings with Oral Presentationpeer-review

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.
Original languageEnglish
Title of host publication19th International Conference on the European Energy Market (EEM 2023) Proceedings
Pages1-4
Number of pages4
ISBN (Electronic)979-8-3503-1258-4/23
Publication statusPublished - 11 Jul 2023
EventEEM23 Conference: 19th International Conference on the European Energy Market - Lappeenranta, Finland, Lappeenranta, Finland
Duration: 6 Jun 20238 Jun 2023
https://www.lut.fi/en/eem23

Conference

ConferenceEEM23 Conference
Abbreviated titleEEM23
Country/TerritoryFinland
CityLappeenranta
Period6/06/238/06/23
Internet address

Research Field

  • Former Research Field - Integrated Energy Systems

Keywords

  • Flexibility markets
  • Costs
  • Atmospheric measurement
  • Balancing energy
  • Interoperability
  • Optimisation

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