FlexPower – a market design project

Expanding the share of wind power will increase the need for regulating power and may at the same time reduce the capacity in the central power units – which traditionally have supplied regulating power.

Use demand as regulating power

However, there is a potential for using demand as a stable and low cost resource for regulating power. In this project, a simple and efficient market will be designed and tested. The market will make use of one-way price signals to activate electricity demand and small-scale generation as regulating power.

Furthermore, the idea of using price signals to activate new resources as ancillary services will be studied.

Project team

The project is supported by Energinet.dk and the project team includes: Actua, Enfor, Eurisco, EC Power, SEAS/NVE, Ea Energy Analyses and DTU (Risø, Informatics, CET).

 

The project runs from June 2010 to June 2013.

 

 

Last update 27-06-2010