UK Power Network’s Flexibility Market Offers New Revenue Stream for Customers & Enhances Active Operation of the Distribution Network
Paper number
1817Conference name
CIRED 2019Conference date
3-6 June 2019Conference location
Madrid, SpainPeer-reviewed
YesMetadata
Show full item recordAuthors
Do, Sam, UK Power Networks, United KingdomAhmadi, Ali R., UK Power Networks, United Kingdom
Mokkas, Efstathios, UK Power Networks, United Kingdom
Georgiopoulos, Sotiris, UK Power Networks, United Kingdom
Abstract
As UK Power Networks continues to operate and invest in the network to accommodate the new low carbon world, we will need to use smart, flexible, and innovative techniques to ensure delivery of our outputs, minimise the cost impact on consumers, and manage the uncertainty and complexity of this new world. Flexibility is the future for electricity networks. The UK Power Networks Flexibility Roadmap looks at radical proposals to drive the market for flexibility services and helping to reduce our customer’s bills. UK Power Networks is proposing to adopt a ‘flexibility first’ approach to delivering additional network capacity, which we believe will lead to lower costs and increased renewable energy on the network through more competition. UK Power Networks flexibility programme is looking to utilise response from generators, demand side providers, and electricity storage resources connected to our networks to support efficient network planning and operations. There can be various applications of flexibility, from facilitating outages to managing demand growth uncertainty on our investment decisions.Publisher
AIMDate
2019-06-03Published in
Permanent link to this record
https://cired-repository.org/handle/20.500.12455/589http://dx.doi.org/10.34890/810