A Flex-market Design for Flexibility Services through DERs

Chunyu Zhang, Yi Ding, Jacob Østergaard, Henrik W. Bindner, Niels Christian Nordentoft, Lars Henrik Hansen, Poul Brath, Peder Dybdal Cajar

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Abstract

The high penetration of distributed energy resources (DERs) will significantly challenge the power system operation due to their intermittent characteristic. In order to utilize the DERs as economically efficient as possible in the distribution grid, an Aggregator-based Flex-market is proposed in this paper. With the brand new notion of Flexibility Clearing House (FLECH), the proposed Flex-market has the ability to promote small scale DERs (up to 5MW) to participate in flexibility services trading. Accordingly, efforts to relieve the congestions in local grid areas, the contractual flexibility services of DERs are stipulated accommodating the various requirements of DSOs. The trading setups and processes are illustrated in details as well. Additionally, the demonstration diagram of Flex-market
is also introduced in this paper. The diagram is utilized to test the feasibility and robustness of the market solutions.
Original languageEnglish
Title of host publicationProceedings of IEEE ISGT Europe 2013
Number of pages5
PublisherIEEE
Publication date2013
Publication statusPublished - 2013
Event2013 4th IEEE PES Innovative Smart Grid Technologies Europe - Technical University of Denmark (DTU), Lyngby, Denmark
Duration: 6 Oct 20139 Oct 2013
Conference number: 4
http://www.ieee-isgt-2013.eu/

Conference

Conference2013 4th IEEE PES Innovative Smart Grid Technologies Europe
Number4
LocationTechnical University of Denmark (DTU)
CountryDenmark
CityLyngby
Period06/10/201309/10/2013
Internet address

Keywords

  • Electricity market
  • Distributed Energy Resources (DER)
  • Aggregator
  • Flexibility Clearing House (FLECH)
  • Flexibility services

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