Assessment of Demand Side Flexibility in European Electricity Markets: A Country Level Review

Aikaterini Forouli, Emmanouil A. Bakirtzis, Georgios Papazoglou, Konstantinos Oureilidis, Vasileios Gkountis, Luisa Candido, Eloi Delgado Ferrer and Pandelis Biskas
Additional contact information
Aikaterini Forouli: Hellenic Energy Exchange S.A., 110 Athinon Ave., 104 42 Athens, Greece
Emmanouil A. Bakirtzis: Hellenic Energy Exchange S.A., 110 Athinon Ave., 104 42 Athens, Greece
Georgios Papazoglou: School of Electrical and Computer Engineering, Aristotle University of Thessaloniki, 541 24 Thessaloniki, Greece
Konstantinos Oureilidis: Hellenic Energy Exchange S.A., 110 Athinon Ave., 104 42 Athens, Greece
Vasileios Gkountis: Hellenic Energy Exchange S.A., 110 Athinon Ave., 104 42 Athens, Greece
Luisa Candido: Estabanell y Pahisa SA, Carrer del Rec, 28-08401 Granollers, Barcelona, Spain
Eloi Delgado Ferrer: Estabanell y Pahisa SA, Carrer del Rec, 28-08401 Granollers, Barcelona, Spain
Pandelis Biskas: School of Electrical and Computer Engineering, Aristotle University of Thessaloniki, 541 24 Thessaloniki, Greece

Energies, 2021, vol. 14, issue 8, 1-23

Abstract: Power systems in many countries have recently undergone a significant transition towards renewable and carbon-free generation sources. Those sources pose new challenges to the grid operation due to their intermittency and uncertainty. Consequently, advanced policy strategies and technologies offering new flexibility solutions on the inelastic demand side are required to maintain the reliability of power systems. Given the diversity of situations, legislation and needs across European countries and the varying nature of distribution system operators, this article reviews the deployment of demand side flexibility at national level to identify best practices and main barriers. The analysis concerns European countries of different progress in solutions that leverage flexibility towards offering electricity grid services. The scope is to explore the operation principles of European electricity markets, to assess the participation of emerging flexible resources, and to propose new approaches that facilitate the integration of flexible assets in the distribution grid. The countries reviewed are the United Kingdom, Belgium, Italy and Greece. These countries were selected owing to their diversity in terms of generation mix and market design. Barriers for market access of flexibility resources are also identified in order to form relevant country-specific recommendations.

Keywords: demand side flexibility; demand side management; power systems; regulatory principles; flexibility services; distribution system operators (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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