Spatial flexibility options in  electricity market simulation tools: Deliverable D4.3

ABSTRACT: Deliverable D4.3 addresses the spatial flexibility options that are being considered by TradeRES models. D4.3 presents a report describing the spatial flexibility-related modelling components that are already implemented and those that are being designed for integration in TradeRES agent-based models. This report includes the main definitions, concepts and terminology related to spatial flexibility, as means to support the presentation of the specific models that are being developed by the project, namely about flow based market coupling, market spliting, nodal pricing, dynamic line rating, cross border intraday market, cross border reserve market, cross border capacity market, consumer flexibility aggregation, renewable energy aggregation, storage aggregation, electric vehicle aggregation and grid capacity.

Description

Project TradeRES - New Markets Design & Models for 100% Renewable Power Systems: https://traderes.eu/about/

Keywords

Energy systems Open access markets Electricity markets Agent-based modeling

URI

http://hdl.handle.net/10400.9/3718

Citation

Couto, António... [et.al.] - Spatial flexibility options in electricity market simulation tools: Deliverable D4.3. Project report of WP4 - Development of Open-access Market Simulation Models and Tools, Deliverable nº D4.3., ISEP, 2021, 30 pp.