Interoperable flexibility trading solutions for energy markets

Thanks to the ever-increasing amount of renewable energy sources, there is a corresponding growth in requirements for flexible demand and supply to cope with the impact of the unpredictable and intermittent behaviour of renewable energy sources. EnergyVille is examining ways to model and harvest residential and industrial flexibility so the network can run in a stable and cost-effective manner. 

Thanks to technological innovation, energy vectors are becoming more and more linked. EnergyVille has therefore developed a multi carrier flexibility modelling framework that allows for easy modelling, optimisation & valuation of residential and industrial flexibility in a multi carrier environment. The framework is used both for operational steering and in design phase (Design4Flex). 

Interoperability forms a crucial challenge with regard to the energy market of tomorrow. To the greatest extent possible, EnergyVille examines interoperability issues in a holistic way, focusing upon the technological aspects, as well as upon the economic and social aspects. To achieve an energy market ready to tackle the future, there is a need for intelligent control mechanisms, backed by robust ICT systems, coupled with a raft of agreements between the various stakeholders, such as energy companies, network managers and end-users. 

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