2024
Authors
de Oliveira, AR; Martínez, SD; Collado, JV; Meireles, M; Lopez-Maciel, MA; Lima, F; Ramalho, E; Robaina, M; Madaleno, M; Dias, MF;
Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024
Abstract
In the context of the R3EA project, funded by the Portuguese Foundation for Science and Technology (FCT), we analyse a set of selected future power system scenarios to assess the impact, on the Iberian electricity market (MIBEL), of installing wind and solar generation capacity in Portugal's Centro Region. We use the long-term MIBEL operation and planning model CEVESA. The scenarios are designed based on the current economic situation and the last National Energy and Climate Plan drafts for Portugal and Spain, by distributing the expected new wind and solar generation capacity differently among Portugal regions, also considering the flexible demand for producing electrolytic hydrogen. Market prices, capture prices and production per technology are analysed to assess this impact. Results show that regional investments have no significant impact on the MIBEL variables analysed.
2024
Authors
Mello, J; Villar, J; Bessa, RJ; Antunes, AR; Sequeira, MM;
Publication
IEEE POWER & ENERGY MAGAZINE
Abstract
Energy Communities (ECS) and Self- consumption structures are receiving significant attention in Europe due to their potential contribution to a sustainable energy transition and the decarbonization process of the energy system. They are considered a powerful instrument to involve end-consumers in active participation in the energy system by becoming self-producers of renewable electricity and increasing their awareness of their potential contribution by adapting their energy behavior to the global or local power system needs. An EC can also contribute to alleviating energy poverty, which occurs when low incomes and poorly efficient buildings and appliances place a high proportion of energy costs on households. The main driver would be the reduction in energy costs obtained if some members agree to share their surplus electricity at a lower price with vulnerable members. Similarly, a renewable EC (REC) can facilitate access to energy assets by sharing the investments among the community members and exploiting existing complementarities. For example, vulnerable members could share their roofs with others to install solar panels in exchange for low-cost electricity. RECs can also help vulnerable members by reducing the barriers to accessing subsidies for building efficiency investments thanks to collective community initiatives, easing information dissemination and helping with bureaucratic processes.
2024
Authors
Gomes, I; Sousa, JVJ; Sousa, J; Lucas, A;
Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024
Abstract
Self-consumption regulations are leading to the emergence of new business models proposed by new players and causing traditional players to make new proposals to take advantage of the new business opportunities. In this context, traditional retailers are assessing self-consumption business models, offering management services for self-consumption structures, or the installation of distributed resources, such as solar panels or batteries. Some of the new business models being proposed by electricity suppliers are related to virtual battery services. Indeed, suppliers can, in the free retail market, create innovative tariffs, and design them to make their customers believe they own and manage a battery, even if it does not correspond to a physical battery in the grid. This paper analyses the business model of a supplier offering a virtual battery service, comparing it to the installation of a physical battery, showing that it has no significant benefits compared to more simple approaches.
2024
Authors
Mello, J; Rodrigues, L; Villar, J; Saraiva, J;
Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024
Abstract
Energy allocation rules are one of the core aspects of collective self-consumption (CSC) regulations. It allows final consumers to share their surplus generation with other CSC members, while keeping their full rights as consumers, i.e., maintaining a supply contract with the retailers of their choice. Some European Union member states regulations use allocation coefficients so that local allocations are integrated with wholesale settlement and directly affect the retailers' billing. Several AC methods have been proposed so far, each one adapted to distribution system operators' settlement procedures with specific rules that can impact the benefits that each CSC member obtain. This paper analyses, assesses and compares two relevant AC methods, namely pre-delivery fixed AC and post-delivery dynamic AC, by developing a settlement formulation for a community with members with flexible assets and different opportunity costs. AC policy recommendations based on findings are provided.
2024
Authors
Rodrigues, L; Mello, J; Ganesan, K; Silva, R; Villar, J;
Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024
Abstract
The integration of renewable generation requires new sources of flexibility, including the flexibility from distributed resources that can be unlocked via local flexibility markets (LFMs). In these markets, aggregators (AGGs) offer the flexibility from their portfolios to the flexibility requesting parties (FRP), i.e. system operators or other balancing requesting parties. To bid in LFMs and manage market uncertainty, AGGs must compute the flexibility they are willing to offer at each possible flexibility market price, by optimizing their portfolios. This paper proposes a 2-stage methodology to compute the flexibility bidding curve that an energy community can send to a LFM when behaving as an AGG of its members resources. At stage 1, the energy community (EC) manager computes the optimal EC operation without flexibility provision, minimizing the EC energy bill, and serving as the baseline to verify the flexibility provision. Then, at stage 2, for each possible flexibility price, the EC manager computes the optimal flexibility to be offered, minimizing the EC energy bill but including the flexibility provision incomes, to build the flexibility bidding curve.
2024
Authors
Rodrigues, L; Ganesan, K; Retorta, F; Coelho, F; Mello, J; Villar, J; Bessa, R;
Publication
2024 20TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET, EEM 2024
Abstract
The European Union is pushing its members states to implement regulations that incentivize distribution system operators to procure flexibility to enhance grid operation and planning. Since flexibility should be obtained using market-based solutions, when possible, flexibility market platforms become essential tools to harness consumer-side flexibility, supporting its procurement, trading, dispatch, and settlement. These reasons have led to the appearance of multiple flexibility market platforms with different structure and functionalities. This work provides a comprehensive description of the main flexibility platforms operating in Europe and provides a concise review of the platform main characteristics and functionalities, including their user segment, flexibility trading procedures, settlement processes, and flexibility products supported.
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