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Subject: Flexibility , RES , Energy Storage , Demand Side Management , Congestion Management Markets , Network Services


Year: 2022


Type: Proceeding article



Title: Models for Integration of Flexibility Sources in Regional Electricity Markets


Author: Krstevski, Petar
Author: Mateska, Aleksandra Krkoleva
Author: Borozan, Stefan



Abstract: This paper addresses the issue of participation and integration of various providers of flexibility, such as generation from renewable energy sources (RES), demand side management (DSM), and electricity storage systems (STO), into electricity markets. For this purpose, the paper presents business models for participation of flexibility providers in the existing electricity day-ahead (DAM), intraday markets (IDM) and electricity balancing markets. In addition, the provision of new services to the system operators through concepts of local flexibility markets, congestion management markets as well as other ancillary services, is investigated.


Publisher: IEEE


Relation: 2022 57th International Scientific Conference on Information, Communication and Energy Systems and Technologies (ICEST)



Identifier: oai:repository.ukim.mk:20.500.12188/22475
Identifier: http://hdl.handle.net/20.500.12188/22475
Identifier: 10.1109/icest55168.2022.9828756
Identifier: http://xplorestaging.ieee.org/ielx7/9828466/9828468/09828756.pdf?arnumber=9828756



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Models for Integration of Flexibility Sources in Regional Electricity Markets202226