3,741 research outputs found

    Local flexibility market design for aggregators providing multiple flexibility services at distribution network level

    Get PDF
    This paper presents a general description of local flexibility markets as a market-based management mechanism for aggregators. The high penetration of distributed energy resources introduces new flexibility services like prosumer or community self-balancing, congestion management and time-of-use optimization. This work is focused on the flexibility framework to enable multiple participants to compete for selling or buying flexibility. In this framework, the aggregator acts as a local market operator and supervises flexibility transactions of the local energy community. Local market participation is voluntary. Potential flexibility stakeholders are the distribution system operator, the balance responsible party and end-users themselves. Flexibility is sold by means of loads, generators, storage units and electric vehicles. Finally, this paper presents needed interactions between all local market stakeholders, the corresponding inputs and outputs of local market operation algorithms from participants and a case study to highlight the application of the local flexibility market in three scenarios. The local market framework could postpone grid upgrades, reduce energy costs and increase distribution grids’ hosting capacity.Postprint (published version

    Scenarios for the development of smart grids in the UK: synthesis report

    Get PDF
    ‘Smart grid’ is a catch-all term for the smart options that could transform the ways society produces, delivers and consumes energy, and potentially the way we conceive of these services. Delivering energy more intelligently will be fundamental to decarbonising the UK electricity system at least possible cost, while maintaining security and reliability of supply. Smarter energy delivery is expected to allow the integration of more low carbon technologies and to be much more cost effective than traditional methods, as well as contributing to economic growth by opening up new business and innovation opportunities. Innovating new options for energy system management could lead to cost savings of up to £10bn, even if low carbon technologies do not emerge. This saving will be much higher if UK renewable energy targets are achieved. Building on extensive expert feedback and input, this report describes four smart grid scenarios which consider how the UK’s electricity system might develop to 2050. The scenarios outline how political decisions, as well as those made in regulation, finance, technology, consumer and social behaviour, market design or response, might affect the decisions of other actors and limit or allow the availability of future options. The project aims to explore the degree of uncertainty around the current direction of the electricity system and the complex interactions of a whole host of factors that may lead to any one of a wide range of outcomes. Our addition to this discussion will help decision makers to understand the implications of possible actions and better plan for the future, whilst recognising that it may take any one of a number of forms

    Focusing on Demand Side Management in the Future of the Electric Grid

    Get PDF
    The widespread blackout that occurred on August 14, 2003 (“the blackout”) exposed the weaknesses of the current electric transmission grid structure, and underscored the need for improvements to the transmission grid in the United States. The outage knocked out power to approximately fifty million people in Ohio, Michigan, Pennsylvania, New York, Vermont, Massachusetts, Connecticut, New Jersey and the Canadian province of Ontario.\ud The total cost in the United States was estimated to be between 4and4 and 10 billion

    The transition towards a sustainable energy system in Europe: What role can North Africa's solar resources play?

    Get PDF
    Securing energy supply and speeding up the transition towards a reliable, sustainable, low-carbon energy system are among the major current and future challenges facing Europe. Importing dispatchable solar electricity from North Africa is considered as a potential and attractive option. Nevertheless, as things currently stand, the European Commission focuses mainly on the exploitation of the existing wind power potential in the North Sea, largely ignoring the solar power potential in the Sahara region of North Africa. After discussing the major challenges and issues facing Europe to achieve the assigned ambitious objectives, the paper emphasises the importance of North Africa's solar resources in helping Europe to successfully address the challenge of decarbonising its electricity system, in particular with regards to the security of supply and sustainability. Within these two major challenges, the paper explores the issues of access, barriers and opportunities. The paper highlights why the EU’s energy and climate goals will not be achievable without adequate grid expansion and grid-scale energy storage facilities, as well as other innovative measures to manage demand and ensure a secure energy supply. In this respect, the paper shows how the import of dispatchable electricity from North Africa via specific HVDC links could play a key role in helping the EU achieve its energy targets in a cost effective way without recourse to significant investments in transmission infrastructure and storage facilities. The paper then attempts to identify and analyze the main barriers that continue to inhibit the export of solar electricity from North Africa to Europe. Finally, to make the project more attractive and achievable in the near future, the paper proposes a systematic approach for setting up energy import scenarios. A promising import scenario is presented where energy import via Italy is shown to be a more viable and effective solution than via Spain.Peer reviewe

    Improving the Market for Flexibility in the Electricity Sector. Report of a CEPS Task Force. CEPS Task Force Report

    Get PDF
    Electricity will play a greater role in the transport and building sectors and all decarbonisation scenarios point to the increasing electrification of the energy system. To reach EU climate change targets, however, electricity will need to come increasingly from low carbon sources, especially (but not only) from variable renewable energy sources. Both trends − the electrification of sectors and the need to integrate electricity from variable renewables − mean that the electricity sector should become more flexible. This report reflects the discussions held in the CEPS Energy Climate House Task Force on Creating a Market Design for Flexibility in EU Electricity Markets, which met between April and September 2017. The Task Force formulated a number of recommendations in the areas of short-term and balancing markets; grid reinforcement and cross-zonal capacity allocation; aggregation; priority dispatch; DSOs (distribution system operators); and sectoral integration

    Optimal spatial pricing for electricity and its impact on renewable generation technologies and their operations

    No full text
    Optimal spatial pricing for electricity and its impact on renewable and embedded generation This PhD investigates the importance of implementing adequate locational signals and their possible effects on generation technologies and the performance and regulation of the electricity system, with particular reference to renewable energy in the British electricity market. For over twenty years economists have known how to calculate the optimal spatial pricing for electricity, known as nodal or locational marginal pricing. However, such knowledge appears to have been ignored by the designers of most electricity markets, with the key exception of a few US and international markets. Furthermore it has been suggested that there may be a conflict between the implementation of adequate locational signals and the development of renewable energy because the former may lead to higher network charges which may compromise the profitability (and therefore the feasibility) of renewable energy plants. The literature appears to have already addressed several of the key issues considered by this PhD: spot pricing, optimal spatial pricing, renewable policies, network investments, integration of renewable energy into the power grid. However there seems to be a theoretical and empirical gap in terms of combining these issues together: e.g. given the adoption of optimal spatial pricing, how does this affect the level of production from renewable energy (wind in particular)? Thus this thesis investigates how different forms of spatial pricing may affect renewable technologies, with regards to both their investment and operating decisions, and what regulatory or other policy implications this might imply. In particular this PhD focuses on the British case, where it is alleged that the introduction of more efficient spatial pricing might compromise the development of generation technologies located in particular areas, especially on-shore wind farms in the north of the country. The research contributes to an important area of current policy debate, given the strong targets for growth in renewable as part of climate change policy and growing concern about energy security

    Implications of intermittency and transmission constraints for renewables deployment

    Get PDF
    We represent hourly, regional wind data and transmission constraints in an investment planning model calibrated to the UK and test sensitivities of least cost expansions to fuel and technology prices. Thus we can calculate the value of transmission expansions to the system. We represent limited public acceptance of wind and regional network constraints by maximum built rates per region and year. Thus we calculate the marginal value of improved planning and grid connection regimes. It is likely that some constraints will remain. Market designs that do not allow for regional differentiation to reflect transmission and planning constraints can increase overall costs to consumers.Investment planning model, wind power, constraint land, Network constraints.
    • …
    corecore