FLEXITRANSTORE will promote increased cross-border electricity flows using the valorisation of flexibility services. The project takes both a national and a regional approach, acknowledging the need to seamlessly integrate national markets, particularly in the South Eastern European network, which still lacks the high interconnectivity that the rest of the European network has.
Following the current trends and EU regulations, FLEXITRANSTORE has identified two main strategic objectives:
• To enhance and accelerate the integration of renewables into European Energy systems.;
• To increase cross-border electricity flows across Europe.
The main outcome of the project will be a set of tools aimed to aid operations of TSOs, to assess the flexibility state of the grids and to incorporate components, techniques, business models and technologies that will facilitate the incorporation of increased flexibility. The tools have a broad timeframe, ranging from tools targeting the Day-Ahead scheduling and balancing frame, to tools for strategic planning of the future grid, having always as an end-goal the increased RES penetration and flexibility.
Moreover, novel business models will be developed, in order to pave the way towards a pan-European energy market, which will include remuneration of flexibility services. All these tools will be incorporated into a common platform, with a unified architecture, namely the Flexible Energy Grid (FEG) Platform, which is expected to constitute the technical and operational basis to support the valorisation of flexibility services in the European Energy Market.
European Dynamics Belgium SA (ED)
ICCS, TUS, UCY, BME, LUA, EMAX, WING, ABG, JEMA, GEF, SCHN, SWE, C&G, STER, SC, IPTO, ESO, CTSO, NESTER, OST, CEZ, ELJ, EAC, IBEX, VPP, CERA, CHALM, IEIT, COGEN