Academic research collaboration results to be presented at the 14th International conference on the European Energy Market (EEM 2017)

15 June 2017

Pamela MacDougall (TNO), Bob Ran (TNO), Michiel Klever (Priogen) and Geert Deconinck (University of Leuven) recently collaborated on the research paper “Value Assessment of Aggregated Energy Flexibility when Traded on Multiple Markets”. This paper has been selected for presentation at the 14th International Conference on the European Energy Market (EEM 2017) in Dresden on June 6-9, 2017.

An artificial neural network was used to aggregate and forecast the available flexibility of 1000 electrical vehicles. The flexibility was then monetized by trading it out in the German power markets. This research has clear applications in the e-mobility sector, but can be applied to other flexibility like e-storage or demand response as well.

“Understanding the value and optimal use of flexibility is key to enabling the energy revolution,” says Michiel Klever. “By combining state of the art research methods with our own unique forecasting expertise, we can create more value out of the same flexibility.”

The paper will be available in IEEE Xplore after the conference.

More about the EEM 2017 and the conference:

The EEM is a well-established conference in Europe, which brings together international representatives from science, industry and politics from different fields to discuss a wide range of issues related to energy markets. These include not only topics concerning methodological aspects of modelling, such as mathematical formulations and solution approaches, but also those related to market design, regulatory and climate policies. Additionally, the conference offers a platform for engaging discussions related to policies and challenges in the energy sector.

 Link to IEEE Xplore:

It will also be published in IEEE Xplore (link) after the conference

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