WP Leader: ECN
Work Package objective
Develop a commercial framework that enables and supports a system operation of LSVPP with a large DER share under the fully decentralised network architecture based on concept of LSVPP and to quantify the cost and benefits of such an electricity market compared with a ?business as usual reference? type of electricity market in the future. This will be achieved through:
Work Package Description
The FENIX future based on the concept of LSVPP will require a sophisticated commercial structure to enable each generator and demand consumer or their agent to trade in markets with purchasers of not only energy but also ancillary services. A market with hundreds of thousands of active participants is clearly a major challenge. The primary aim of this objective will be to develop alternative commercial arrangements, market structures and TSO and DSO regulatory incentives framework for the future highly decentralised energy supply system and to carry out an impact assessment of the economic and environmental benefits and costs of FENIX future.