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
Webinar
Smart Meter Rollout – Status Quo in Germany and What Works Better in Neighbouring European Countries

March 18, 2025

Germany is lagging behind in the smart meter rollout - no flexibility in the electricity system without digitalisation: no energy transition!

Intersolar Europe Conference 2023
Panel Discussion - Intersolar

Tuesday, June 13, 2023, 09:30 am - 11:00 am

The smarter E Europe Conference 2023 | Conference Program

free account

Get Inspired. Together to the Next Level!

Intersolar Europe Conference 2023
Welcome & Introduction: The smarter E Conferences 2023

Tuesday, June 13, 2023, 09:30 am - 11:00 am

The smarter E Europe Conference 2023 | Conference Program

free account

Get Inspired. Together to the Next Level!

Webinar Collection
European Energy Communities: Sector Coupling, Flexibility, and Operational Perspectives

April 9, 2024

free account

Energy communities, through which citizens can jointly own, democratically control, and self-consume local energy, are increasingly emerging.

EM-Power Europe Conference 2023
Panel Discussion: Distributed Energy Resources & Consumer Empowering

Wednesday, June 14, 2023, 09:00 am - 10:30 am

The smarter E Europe Conference 2023 | Conference Program

free account

Our European energy system is undergoing a major transformation, moving towards decentralization with increased penetration of distributed energy resources (DERs) connected to the grid, such as PV solar, battery storage, and EVs. While DERs provide clear benefits such as limiting costs, reducing CO2 emissions, and helping to empower consumers, there are still challenges to overcome to develop DERs to their full potential. This session will focus on best practices and innovative projects, both from a grid and user perspective (e.g. energy communities) and we will discuss how the regulatory framework can be improved to facilitate the penetration of DERs and active participation from consumers.

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.