effective market integration of decentralized flexibility
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Effective market integration of decentralized flexibility in the - PowerPoint PPT Presentation

Nov 11, 2023 •123 likes •258 views

Effective market integration of decentralized flexibility in the electricity system Energydays 28-03-2019 1 From commodity to differentiated value Temporal value differentiation Locational value differentiation Diverse supply

  1. Effective market integration of decentralized flexibility in the electricity system Energydays 28-03-2019 1

  2. From commodity to differentiated value • Temporal value differentiation • Locational value differentiation • Diverse supply and demand curves from actors and technologies • Socialized cost of infrastructure more complex Energydays 28-03-2019 2

  3. Cost-reflective markets Transport Distribution capacity Self- consumption Energydays 28-03-2019 3

  4. Inclusivity determines market models Localised Explicit Implicit Single Energydays 28-03-2019 4

  5. Platform functions € prosumer EMS TVPP DSO CVPP TSO € ESCO BRP Energydays 28-03-2019 5

  6. Perfect competition in fair markets Regulated Regulated Unregulated monopoly competition competition Monopoly characteristics Competitive characteristics Energydays 28-03-2019 6

  7. Micro-economic characterization € TVPP CVPP Externalities Network effects Economies of scale Opportunity for innovation Homogeneity of products T Market development Risk management Perfect information Energydays 28-03-2019 7

  8. Economies of scope Infrastructure Digital congestion Infrastructure management Technology € prosumer EMS TVPP DSO CVPP TSO € ESCO BRP Energy Potfolio Management management Platform Energydays 28-03-2019 8

  9. Flexibility aggregator (single - explicit) • Centralized renewables • Capacity market mechanisms • Supra-national suppliers • Portfolio dispatch management • Flexibility aggregator Energydays 28-03-2019 9

  10. Energy as a service (locational - explicit) • Energy vector integration • Unbundling • Energy management platform • Sustainable area developer Energydays 28-03-2019 10

  11. Internet of energy (single - implicit) • Load defection • Infrastructure reinforcement • Retail subsidies • Digital infrastructure • System market platform Energydays 28-03-2019 11

  12. Collective power (locational – implicit) • Electrification • Supra-national market • Load opportunism • Congestion management • Local utility Energydays 28-03-2019 12

  13. Conclusion • The electricity system and market models are changing over time • The electricity system and market models are changing different per location • Market models are path dependent • Market models are both an optimization problem as well as a societal choice Energydays 28-03-2019 13

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