Managing electric flexibility from Distributed Energy Resources: A review of incentives for market design

By C. Eid, Paul Codani, Y. Perez, J. Reneses, Rudi A. Hakvoort. 2016

407 citations recorded by the source corpus.

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.

Subfields: Control and Systems Engineering, Electrical and Electronic Engineering

View Paper: https://www.semanticscholar.org/paper/0e33a844f64bc94d073cbf0de96eb655b7a0c7d4

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In Control and Systems Engineering

In Electrical and Electronic Engineering

Citations in the corpus

Local flexibility markets: Literature review on concepts, models and clearing methods (2020, background): “Thus, it can be described by five attributes [9], [34], as shown in Fig.”
The rise of electric vehicles—2020 status and future expectations (2021, neutral): “…evolution, electricity-market and retail-tariff design, infrastructure planning (including charging), and policy and regulatory design (Codani et al 2016, Eid et al 2016, Knezovic et al 2017, Borne et al 2018, Hoarau and Perez 2019, Gomes et al 2020, Muratori and Mai 2020, Thompson and Perez 2020).”
Vehicle-to-Everything (V2X) energy services, value streams, and regulatory policy implications (2020, background): “As the underlying technology is the same, V2X has similar characteristics as lithium ion Battery Energy Storage Systems (BESS) albeit at reduced scale.”
Market and regulatory barriers to electrical energy storage innovation (2018, background): “These services and policy incentives are unlikely to succeed unless they are subject to explicit efficiency, equity, simplicity, consistency, transparency, stability and additivity requirements [36].”
Artificial intelligence and machine learning approaches to energy demand-side response: A systematic review (2020, background): “These attributes make more challenging the operation and management of power systems because more flexibility is needed to safeguard their normal operation and stability [1].”
Energy Collectives: A Community and Fairness Based Approach to Future Electricity Markets (2019, background): “If appropriately controlled, this flexibility can reveal strategic opportunities for supply and demand at distribution level [1].”