Key Drivers and Future Scenarios of Local Energy and Flexibility Markets
Paper in proceeding, 2021

This paper explores the key drivers of local energy and flexibility markets, develops a set of plausible future scenarios for these markets, and analyzes the scenarios' impact. The results can provide insight to policymakers, researchers, system operators, and aggregators in a better design and more successful implementation of local markets. This study is based on the well-established scenario planning technique of "intuitive logics"and it is conducted by means of qualitative methods, surveys, and cross-impact analysis. Results explore and rank the impact and uncertainty of 20 key factors and trends which can affect the future of local energy and flexibility markets. The results show that factors related to the availability of active and smart end-users, and regulatory incentives are the most impactful and uncertain ones in the future of local markets. Four future scenarios are introduced based on these factors and their impacts are discussed.

flexibility

aggregator

local energy markets

distribution system operator

service market

scenario planning

Local flexibility markets

Author

Nima Mirzaei Alavijeh

Chalmers, Electrical Engineering, Electric Power Engineering, Power grids and Components

Ali Fotouhi

Chalmers, Electrical Engineering, Electric Power Engineering, Power grids and Components

David Steen

Chalmers, Electrical Engineering, Electric Power Engineering, Power grids and Components

Anh Tuan Le

Chalmers, Electrical Engineering, Electric Power Engineering, Power grids and Components

Ola Carlson

Chalmers, Electrical Engineering

2021 IEEE Madrid PowerTech, PowerTech 2021 - Conference Proceedings

9494828

2021 IEEE Madrid PowerTech, PowerTech 2021
Madrid, Spain,

ENABLING FLEXIBILITY FOR FUTURE DISTRIBUTION GRID (FLEXIGRID)

European Commission (EC) (864048), 2019-11-01 -- 2023-04-30.

Driving Forces

Sustainable development

Innovation and entrepreneurship

Areas of Advance

Energy

Subject Categories

Other Environmental Engineering

Environmental Analysis and Construction Information Technology

Energy Systems

DOI

10.1109/PowerTech46648.2021.9494828

More information

Latest update

9/28/2021