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Characterizing flexibility in power markets and systems

dc.contributor.authorKara, Güray
dc.contributor.authorTomasgard, Asgeir
dc.contributor.authorFarahmand, Hossein
dc.date.accessioned2022-12-01T12:12:46Z
dc.date.available2022-12-01T12:12:46Z
dc.date.created2022-02-13T11:27:08Z
dc.date.issued2022
dc.identifier.issn0957-1787
dc.identifier.urihttps://hdl.handle.net/11250/3035331
dc.description.abstractThe increasing share of variable renewable energy sources creates a need for flexibility resources in the power system operations. This paper presents suggestions for characterizing flexibility, including dimensions of time, spatiality, resource type, and risk in power systems. We present interrelations between these flexibility dimensions, products, services, and suitable market designs. In light of this, we discuss TSO–DSO coordination and optimal flexibility resource allocation.en_US
dc.description.abstractCharacterizing flexibility in power markets and systemsen_US
dc.language.isoengen_US
dc.publisherElsevieren_US
dc.rightsNavngivelse 4.0 Internasjonal*
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/deed.no*
dc.titleCharacterizing flexibility in power markets and systemsen_US
dc.title.alternativeCharacterizing flexibility in power markets and systemsen_US
dc.typePeer revieweden_US
dc.typeJournal articleen_US
dc.description.versionpublishedVersionen_US
dc.source.volume75en_US
dc.source.journalUtilities Policyen_US
dc.identifier.doi10.1016/j.jup.2022.101349
dc.identifier.cristin2000885
dc.relation.projectNorges forskningsråd: 257626en_US
cristin.ispublishedtrue
cristin.fulltextoriginal
cristin.qualitycode1


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