Flexibility products and markets: Literature review

• Type: Another Publication in an International Scientific Journal
• Date: 2018

Authors

Villar, J (Author) Other; Bessa, R (Author) Other; Manuel Matos (Author) FEUP

Journal

Title: Electric Power Systems Research

Vol. 154

Pages: 329-340

ISSN: 0378-7796

Publisher: Elsevier

Indexing

ISI Web of Knowledge - 169 Citations

Scopus - 212 Citations

Other information

Authenticus ID: P-00M-ZE0

DOI: 10.1016/j.epsr.2017.09.005

Abstract (EN): This paper reviews flexibility products and flexibility markets, currently being discussed or designed to help in the operation of power systems under their evolving environment. This evolution is characterized by the increase of renewable generation and distributed energy resources (including distributed generation, self-consumption, demand response and electric vehicles). The paper is an attempt to review and classify flexibility products considering its main attributes such as scope, purpose, location or provider, and to summarize some of the main approaches to flexibility markets designs and implementations. Main current literature gaps and most promising research lines for future work are also identified.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 12