The innovative role of local system operator as a facilitator of grid and community services in the local electricity market

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dc.contributor.affiliationSmart Innovation Norway
dc.contributor.affiliationInnoEnergy
dc.contributor.affiliationSmart Innovation Norway
dc.contributor.authorIlieva, Iliana
dc.contributor.authorWang, Xue
dc.contributor.authorRajasekharan, Jayaprakash
dc.contributor.countryNorway
dc.contributor.countrySweden
dc.contributor.countryNorway
dc.contributor.detailedauthorIlieva, Iliana, Smart Innovation Norway, Norway
dc.contributor.detailedauthorWang, Xue, InnoEnergy, Sweden
dc.contributor.detailedauthorRajasekharan, Jayaprakash, Smart Innovation Norway, Norway
dc.date.accessioned2019-12-19T18:21:11Z
dc.date.available2019-12-19T18:21:11Z
dc.date.conferencedate7 - 8 June 2018
dc.date.issued2018-06-07
dc.description.abstractLocal electricity markets offer attractive solutions to long pending grid challenges associated with grid balancing, power quality and supply security, particularly with increased introduction of distributed renewable energy resources. This paper addresses questions regarding the roles, responsibilities and rights associated with local market participation, as well as issues that relate to the activities which can be carried out in the market. We describe the local system operator (LSO) as the most central role that is in charge of the operation of the local electricity market and we add to the state-of-the-art by paying particular attention to the possibilities that digitization offers within the local market context. More specifically, the capabilities of utilizing big data, machine learning and artificial intelligence to provide new or amplified business opportunities for the local market participants are central for the market design configuration that this paper focuses upon. Furthermore, we expect high stakeholder interest in the digitizationenabled innovative services around smart mobility and complementary offers of high diversity.
dc.description.conferencelocationLjubljana, Slovenia
dc.description.conferencenameCIRED 2018 Ljubljana Workshop
dc.description.openaccessYes
dc.description.peerreviewedYes
dc.description.sessionBusiness models, roles, responsibilities and regulatory aspects
dc.description.sessionid1
dc.identifier.isbn978-2-9602415-1-8
dc.identifier.issn2032-9628
dc.identifier.urihttps://www.cired-repository.org/handle/20.500.12455/1276
dc.identifier.urihttp://dx.doi.org/10.34890/469
dc.language.isoen
dc.publisherAIM
dc.relation.ispartProc. of CIRED 2018 Ljubljana Workshop
dc.relation.ispartofseriesCIRED Workshop Proceedings
dc.titleThe innovative role of local system operator as a facilitator of grid and community services in the local electricity market
dc.title.number0291
dc.typeConference Proceedings
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CIRED 2018 Ljubljana Workshop on Microgrids and Local Energy Communities