How to Further Take Advantage of Flexibility for Additional Monetisation, New Markets and Grid Congestion Management

premium account

Recording of Thursday, June 20, 2024 | The smarter E Europe Exhibition Program 2024 | Exhibition Program | Language: English | Duration: 8:02 .

EPEX SPOT's Aurore Lantrain Highlights the Role of Local Flexibility Markets in Alleviating Grid Congestion and Monetizing Energy Assets

Aurore Lantrain from EPEX SPOT discusses the monetization of local flexibility markets, emphasizing their role in addressing energy demand and supply imbalances. Epexplot organizes next-day and intraday markets to facilitate this process. Local flexibility refers to assets like demand response, generation, storage, and can be upward or downward. The aim is to procure cost-effective flexibility through market mechanisms that solve local congestion issues. There are various avenues for monetizing flexibility: long-term capacity reservations (ensuring asset availability) and real-time energy activation (addressing immediate congestion). Flexibility can also be traded over-the-counter or on organized exchanges as well as within capacity markets orchestrated by Distribution System Operators (DSOs). New regulatory frameworks encourage DSOs to leverage market-based solutions for procuring least-expensive flexibilities, providing price signals to attract new participants. Apex participates in multiple initiatives across Europe including Enflate in Switzerland, GoPax in the Netherlands, and a significant project with UKPN—the largest DSO in the UK—using their local flex platform. This platform enables providers to offer flexibility within numerous trading zones efficiently while considering grid constraints during auctions. Aurore advocates expanding such projects throughout Europe due to their effectiveness at managing grid tariffs economically via flexible resources.

Automated summarization by AI Conver

Talk of session: Empowering Consumers Through Demand-Side Flexibility

A decentralised, flexible energy system puts energy consumers at the fore-front of the clean energy transition. Through demand-side flexibility, consumers are able to adjust their consumption, store energy, and inject energy into the grid during peak moments, contributing to a more efficient and sustainable decarbonisation pathway. smartEn has calculated that, with help from flexible consumers, in 2030 the EU energy system could avoid 15.5 TWh in renewable energy curtailment, a 61% improvement compared to if no action is taken, and avoid investments in 60 GW of peak generation capacity, equivalent to 137 gas peaking plants, resulting in €2.7 billion saved annually. This session aims to deep-dive into how decentralised assets such as PV, Stationary and Mobile storage, amongst others, are key to reducing costs for consumers, increasing the uptake of renewables and solving grid congestion issues.

Further Talks of this session:

Welcome & Introduction

To Talk

Growth Strategies for Thriving Energy Communities

To Talk

Empowering Consumers Through Demand Side Flexibility

To Talk

Digital Services as a Way to Foster REs Sources (and EVs) Integration and the Development of New Local Energy Communities

To Talk

The MSP is the King of Smart Charging

To Talk

Cutting-Edge Demand Response Technologies

To Talk

Q&A

To Talk

Partners & Sponsors

Further Content
Publications
Market Insights: Perspectives of Installers in the Scandinavian Energy Landscape

Issue 11 | November 6, 2024

Study on perspectives of installers in the Scandinavian Energy Landscape

Publications
Market Insights: Perspectives of Installers in the Polish Energy Landscape

Issue 12 | November 20, 2024

Study on perspectives of installers in the Polish Energy Landscape

Sebastian Bonilla and Matthew Wright
What's Next for the Future of Silicon Solar Cells?

The smarter E Podcast Episode 195 | Language: English

Oktober 17, 2024

We speak with Sebastian Bonilla and Matthew Wright about the latest advances in silicon solar cells, innovations and market trends

Sustainable Solar Europe 2024
Opening: Sustainable Solar Europe 2024

Thursday, December 12, 2024 9:30am–10:00am

Sustainable Solar Europe 2024

premium account

Launch of the report: Sustainable Solar. Environmental, social and governance actions along the value chain. Keynote speech followed by moderated high-level discussion.

Sustainable Solar Europe 2024
How Innovative Models of Engagement Support Communities’ Empowerment

Thursday, December 12, 2024 4:00pm–5:30pm

Sustainable Solar Europe 2024

premium account

This session will explore how solar developers can engage with local citizens, and how collaborations between the public and the private sector are possible to facilitate energy communities and collective energy actions by reducing the operational burden for citizens while still guaranteeing sufficient local engagement.

You are using an outdated browser

The website cannot be viewed in this browser. Please open the website in an up-to-date browser such as Edge, Chrome, Firefox, or Safari.