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1 WP6: Near real-time cross-border energy market June 24, 2019 | Miran Kavrečič , HSE https://www.osmose-h2020.eu/ This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement n° 773406.
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WP6: Near real-time cross-border energy market

Jan 18, 2022

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Page 1: WP6: Near real-time cross-border energy market

1

WP6: Near real-time cross-border energy market

June 24, 2019 | Miran Kavrečič, HSE

https://www.osmose-h2020.eu/

This project has received funding from the European

Union’s Horizon 2020 research and innovation

programme under grant agreement n° 773406.

Page 3: WP6: Near real-time cross-border energy market

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WP6: THE IDEA

CrossBorder exchange of flexibilities near realtime

There was a dream that was Rome. You could only whisper it. Anything more

than a whisper and it would vanish, it was so fragile.

(M. Aurelius, Gladiator)

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WP6: THE IDEA

CrossBorder exchange of flexibilities near realtime

There was a dream that was cross border trading near real time. You could only

whisper it. Anything more and it would vanish because of little-known about this

topic.

Then came OSMOSE WP6.

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Focus of the teamWP6: THE IDEA

CrossBorder exchange of flexibilities near realtime

Extend trading

timeframe over

borders

Efficiently increase

energy exchange

over borders

Increase value of

conventional

flexible units

Currently limited to

1 h before delivery

on 1 h resolution

CBTC Currently

defined D-2 before

delivery

Flexibile units are

currently – more or

less, limited to

ancillary services

only to add value

to the flexibilty

capability

Page 6: WP6: Near real-time cross-border energy market

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Focus of the teamWP6: THE IDEA

CrossBorder exchange of flexibilities near realtime

Extend trading

timeframe over

borders

Efficiently increase

energy exchange

over borders

Increase value of

conventional

flexible units

More flexibility for

intermittent

sources

More opportunities

for last-minutes

changes

Higer social

wellfare

Page 7: WP6: Near real-time cross-border energy market

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Main steps of the market

Flexibility providers (FP), after

intrday GCT, optimize their

portfolio and offer newly

available flexibility which creates

new opportunity for them.

WP6: THE IDEA

FlexEnergy Bid (FEB) from FP

and a snapshot from the

transmission system is used to

perfrom an optimal power flow

(OPF) simulation

An OPF is calculated and as

result,certain FEB might be

activated and executed

respecting network constraints

and security assessments

FEBs are executed in a closed-

loop manner so in case of

annomalies FEB execution can

be stopped

CrossBorder exchange of flexibilities near realtime

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Main steps of the marketWP6: THE IDEA

CrossBorder exchange of flexibilities near realtime

Page 9: WP6: Near real-time cross-border energy market

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1/3 Real time assessment of CBTC

Transition from weekly planning of NTC to real-time

assesment

Provides 5 minut grid snapshots

FlexEnergy Bids activation based on optimal power

flow

Activation in order to support the grid

TSOs also provide operation security constraints

Challenges: snapshot creation, bid execution

WP6: MAIN PILLARS

CrossBorder exchange of flexibilities near realtime

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2/3 FlexEnergy market platform

Close-loop operation

Optimal power flow based on grid snapshots and

FlexEnergy Bids

Bid activation and execution

Network security constraints taken into consideration

Challenges: optimization speed, communication

WP6: MAIN PILLARS

CrossBorder exchange of flexibilities near realtime

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3/3 FlexEnergy management platform

Used by FlexEnergy providers – a tool, to be developed

Enables creation of FlexEnergy Bids

Improve efficiency of commercial schedule realization

… including realization of FlexEnergy Bids

Input parameters from SCADA

Challenges: real-time measurments, efficient model of portfolio, real-time assessment of

flexibility

WP6: MAIN PILLARS

CrossBorder exchange of flexibilities near realtime

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FlexEnergy bid

It‘s a inovation

Open-bid principle

Execution can be stopped

Grid position information

Portfolio bid with GSK

Gradient limit

Also block-bid properties

WP6: FLEXENERGY BID

CrossBorder exchange of flexibilities near realtime

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Market driven

This market is opportunity and not imbalance driven. It gives extra

opportunities to flexible units which are not used in acillary services. This

gives more flexibility to support intermittent sources. Only aFRR qualified

units.

Near-real time

The market is a near-real time. This extends the opportunitiy to trade

beyond current cross-border intraday GTC.

What to remember?WP6: RECAP

Power flow optimization

FlexEnergy Bids are executed in a way that the power flows are optimal

given the current grid status and constraints. This can enable extra energy

exchange over the borders.

Close-loop operation

TSO have the control over the bid execution – if a problem occours during

the execution, bids can be set to 0 without any consequence for all the

parties involved – open bid principle with the combination of MPC.

01 03

0204

CrossBorder exchange of flexibilities near realtime

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Increased social-wellfare

More exchanged energy

Added value for flexible power units

Better usage of gird (Congestion management & Flexibility markets => OSMOSE)

What to remember?WP6: RECAP

01

03

02

04

CrossBorder exchange of flexibilities near realtime

Page 15: WP6: Near real-time cross-border energy market

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ThanksWP6

STAY FLEXIBLEALSO OVER THE BORDER

CrossBorder exchange of flexibilities near realtime