Coordination of local flexibility markets

Various flexibility market mechanisms have been proposed to manage power system resources, but most address a specific need without considering how they interact with other grid management mechanisms. Effective implementation of flexibility markets depends on their coordination with other energy markets: regulation, balancing, load following, voltage and frequency control, reserve.

This doctoral project builds interdependency models that support the coordination of local flexibility markets for the provision of distribution grid services — allowing participants in one market to become flexibility providers in another, improving the grid's economic efficiency and avoiding oversized or impractical systems.

Main objective

Develop interdependency models that support the coordination of local flexibility markets for the provision of distribution-grid services.

Methodology

Four stages: analysis of coordination mechanisms among actors (grid operators, aggregators, consumers); multi-agent coordination models for local ancillary services; a service portfolio encouraging flexibility-provider participation; identification of auction-based economic models.