LOCAL ENERGY AND FLEXIBILITY MARKETS TO FOSTER DEMAND RESPONSE MODES OF USE ENABLING COMMUNITY AND ENERGY PROVIDER ORIENTED BUSINESS MODELS

Abstract

According to the European Commission the share of renewables in electricity could be as high as 50% by 2030. A large part of the renewable energy sources to be connected will be integrated at the end-users' premises. Within this context, alternative services must be developed, and innovative business models must be designed to encourage flexible consumers and prosumers to assume an active role in the energy transition. End-users must be engaged into energy markets that can value their individual and collective contribution, and take part in the optimal management of local energy resources and distribution systems connecting their communities. DOMINOES is an H2020 funded research and innovation initiative, targeting the design and development of a local energy and flexibility market architecture enabling direct interactions across the value chain, allowing individual flexible consumers and prosumers, renewable energy communities, aggregators, energy providers and system operators to connect and trade local available energy and flexibility. This work highlights the demand response modes designed for the local energy and flexibility market implemented. The proposed modes of use enable community and energy provider-oriented use cases. A cost-benefit analysis over the linked business model was also performed, and the main results and conclusions are presented.