A Framework for Offering Short-Term Demand-Side Flexibility to a Flexibility Marketplace
The decarbonization of the power sector involves electrification and a massive deployment of variable renewable energy sources, leading to an increase of local transmission congestion and ramping challenges. A possible solution to secure grid stability is local flexibility markets, in which prosumer...
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Format: | Article |
Language: | English |
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MDPI AG
2020-07-01
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Series: | Energies |
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Online Access: | https://www.mdpi.com/1996-1073/13/14/3612 |
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author | Stig Ødegaard Ottesen Martin Haug Heidi S. Nygård |
author_facet | Stig Ødegaard Ottesen Martin Haug Heidi S. Nygård |
author_sort | Stig Ødegaard Ottesen |
collection | DOAJ |
description | The decarbonization of the power sector involves electrification and a massive deployment of variable renewable energy sources, leading to an increase of local transmission congestion and ramping challenges. A possible solution to secure grid stability is local flexibility markets, in which prosumers can offer demand-side flexibility to the distribution system operator or other flexibility buyers through an aggregator. The purpose of this study was to develop a framework for estimating and offering short-term demand-side flexibility to a flexibility marketplace, with the main focus being baseline estimation and bid generation. The baseline is estimated based on forecasts that have been corrected for effects from earlier flexibility activations and potential planned use of internal flexibility. Available flexibility volumes are then estimated based on the baseline, physical properties of the flexibility asset and agreed constraints for baseline deviation. The estimated available flexibility is further formatted into a bid that may be offered to a flexibility marketplace, where buyers can buy and activate the offered flexibility, in whole or by parts. To illustrate and verify the proposed methodology, it was applied to a grocery warehouse. Based on real flexibility constraints, historic meter values, and forecasts for this use-case, we simulated a process where the flexibility is offered to a hypothetic flexibility marketplace through an aggregator. |
first_indexed | 2024-03-10T18:30:15Z |
format | Article |
id | doaj.art-150e2d11e019432fb4a722b46edee42a |
institution | Directory Open Access Journal |
issn | 1996-1073 |
language | English |
last_indexed | 2024-03-10T18:30:15Z |
publishDate | 2020-07-01 |
publisher | MDPI AG |
record_format | Article |
series | Energies |
spelling | doaj.art-150e2d11e019432fb4a722b46edee42a2023-11-20T06:40:46ZengMDPI AGEnergies1996-10732020-07-011314361210.3390/en13143612A Framework for Offering Short-Term Demand-Side Flexibility to a Flexibility MarketplaceStig Ødegaard Ottesen0Martin Haug1Heidi S. Nygård2eSmart Systems AS and Smart Innovation Norway, 1783 Halden, NorwayFaculty of Science and Technology, Norwegian University of Life Sciences (NMBU), 1432 Ås, NorwayFaculty of Science and Technology, Norwegian University of Life Sciences (NMBU), 1432 Ås, NorwayThe decarbonization of the power sector involves electrification and a massive deployment of variable renewable energy sources, leading to an increase of local transmission congestion and ramping challenges. A possible solution to secure grid stability is local flexibility markets, in which prosumers can offer demand-side flexibility to the distribution system operator or other flexibility buyers through an aggregator. The purpose of this study was to develop a framework for estimating and offering short-term demand-side flexibility to a flexibility marketplace, with the main focus being baseline estimation and bid generation. The baseline is estimated based on forecasts that have been corrected for effects from earlier flexibility activations and potential planned use of internal flexibility. Available flexibility volumes are then estimated based on the baseline, physical properties of the flexibility asset and agreed constraints for baseline deviation. The estimated available flexibility is further formatted into a bid that may be offered to a flexibility marketplace, where buyers can buy and activate the offered flexibility, in whole or by parts. To illustrate and verify the proposed methodology, it was applied to a grocery warehouse. Based on real flexibility constraints, historic meter values, and forecasts for this use-case, we simulated a process where the flexibility is offered to a hypothetic flexibility marketplace through an aggregator.https://www.mdpi.com/1996-1073/13/14/3612demand-side flexibilityflexibility marketplaceaggregatorflexibility tradingbatteries |
spellingShingle | Stig Ødegaard Ottesen Martin Haug Heidi S. Nygård A Framework for Offering Short-Term Demand-Side Flexibility to a Flexibility Marketplace Energies demand-side flexibility flexibility marketplace aggregator flexibility trading batteries |
title | A Framework for Offering Short-Term Demand-Side Flexibility to a Flexibility Marketplace |
title_full | A Framework for Offering Short-Term Demand-Side Flexibility to a Flexibility Marketplace |
title_fullStr | A Framework for Offering Short-Term Demand-Side Flexibility to a Flexibility Marketplace |
title_full_unstemmed | A Framework for Offering Short-Term Demand-Side Flexibility to a Flexibility Marketplace |
title_short | A Framework for Offering Short-Term Demand-Side Flexibility to a Flexibility Marketplace |
title_sort | framework for offering short term demand side flexibility to a flexibility marketplace |
topic | demand-side flexibility flexibility marketplace aggregator flexibility trading batteries |
url | https://www.mdpi.com/1996-1073/13/14/3612 |
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