Abstract
Integrating decentralised energy sources into the traditional distribution networks can result in technical issues impacting the power quality. Innovative ideas are, therefore, needed to promote the transformation of systems to a smart grid. Distribution System operator (DSO) could make use of the flexibility of emerging technologies as a method to address these power quality issues. This study aims to present an overview of a local flexibility market (LFM) which will allow DSO requirements to be fulfilled through the (VPP) as an energy flexibility provider. The required optimization loads, generators and as well as storage units, are undertaken in the general algebraic modeling simulation (GAMS) environment. The aim of the optimization problem is to provide DSOs the opportunity to increase or curtail the local generations and loads in order to satisfy their requirement. The VPP will then be responsible for handling the relevant requests in real time to ensure the correct operating schedule of a resource is applied. The preliminary results of simulation studies presented in this paper have shown that the local market framework for flexibility could have potential for deferring investments in distribution network capacity, minimizing energy costs and improving the hosting capacity of distribution networks.
Highlights
1.1 Background and aim Continuous emission reductions in the European energy system through the adoption of decentralised renewable energy sources has generated worldwide interest in local energy markets for local energy societies [1,]
The local energy community (LEC) definition for the internal electricity market has recently been integrated into Article 16 of the European regulatory authorities and thought to be an efficient means of regulating energy at community level [3]
Local energy community is a source of flexibility, including distributed energy resources (DERs), energy cooperatives and prosumers who submit their offers of flexibility
Summary
1.1 Background and aim Continuous emission reductions in the European energy system through the adoption of decentralised renewable energy sources has generated worldwide interest in local energy markets for local energy societies [1,]. It is planned that millions of energy and flexibility services providers, hybrid vehicles and storage facilities would be able to provide energy and flexibility services in the European electricity market by 2030 [2]. Their main focus and involvement will be on distribution grids. The local energy community (LEC) definition for the internal electricity market has recently been integrated into Article 16 of the European regulatory authorities and thought to be an efficient means of regulating energy at community level [3]. The idea is to present an overview of a centralised energy market, geographically spread to hundreds of local markets, benefiting local communities and prosumers
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