Innovation and Networks Executive Agency

FutureFlow

Designing eTrading Solutions for Electricity Balancing and Redispatching in Europe

The project is designing a unique regional cooperation scheme between four European transmission system operators (TSOs) of Central-Eastern Europe (Austria, Hungary, Romania, Slovenia), associated with power system experts, electricity retailers, IT providers and renewable electricity providers.

The scheme aims to open balancing and redispatching markets to new sources of flexibility and supporting such sources to act on such markets competitively. The project is investigating the role of large power consumers and distributed generation owners to become secondary reserve market provider. This, together with cross-border exchanges, should reduce the costs of secondary reserve and redispatching and reverse the system reliability trends (more providers spread out over a wider geographical area).

The project is expected to improve the competition in national balancing markets by facilitating the cross-border integration of these markets and the full participation of new electricity producers and advanced users from adjacent control areas in the provision of balancing and ancillary services.

Project reference: 
691777
Topic: 
LCE-06-2015
Call for proposals: 
H2020-LCE-2015-3
Duration: 
01/01/2016 to 31/12/2019
Funding scheme: 
RIA
Total cost: 
€12,985,243
EU contribution: 
€12,985,234
Coordinator: 
ELES DOO SISTEMSKI OPERATER PRENOSNEGA ELEKTROENERGETSKEGA OMREZJA