Energy systems around the world are undergoing a paradigm shift, driven by the need for decarbonization and the rapid growth of decentralized, variable renewable energy sources. A key element for the effective integration of renewable and decentralized energy sources into the power system is the use of flexibility from distributed resources, e.g., for market participation or the provision of grid services.
Working Group 9- Flexibility Markets Task 4: Operational Planning - fact-sheet
As part of the IEA TCP for a Co-operative Programme on Smart Grids (ISGAN) Working Group 9, we access insights from existing European and non-European power systems, markets, and pilots to understand the issues and implications of flexibility market design.