R&D NESTER AS SPEAKER IN WEBINAR ON NETWORK ANCILLARY SERVICES AND THE FUTURE ROLE OF ENERGY COMMUNITIES
On 22 September R&D Nester presented an overview on ancillary services at the webinar about "Network Ancillary Services and the future role of Energy Communities", organized by FleXunity project.
FleXunity is a European Union H2020 funded project under the program Fast Track to Innovation. R&D Nester presentation is entitled "Ancillary Services overview" and it was produced in the scope of R&D Nester participation in this Project. The presentation will characterize the ancillary services at the electric transmission grid and share the project's conclusions on what ancillary services are best suited to improve the integration of energy communities in the European electricity market.
The objective of FleXunity project is to deploy novel
services for retailers and aggregators, enhanced by Virtual Power Plant (VPP)
technology empowered with AI algorithms focused on minimizing the cost of
energy (bought in the wholesale market) and optimizing the use of distributed
renewables from the utility or community portfolio.
The proposed energy community approach will promote
active participation of end-users (community members) valuating their
flexibility and energy sharing actions, which will be supported by secure
transaction mechanisms with technologies such as blockchain to validate energy
transactions. A tariff structure optimisation will be design for the Energy
Community to be able to meet the needs of the system operator by aggregating
the flexibility to participate in balancing and ancillary services markets as a
Balancing Service Provider (BSPs).
The proposed services will be demonstrated in two
pilots with very different market conditions: in the U.K. (mature market open
to the use of demand-side flexibility) and Iberian energy market (in
transformation - opening to use of flexibility from the demand side).