Flex+ aims at the development of concepts and methodologies for direct control of flexibility components in groups of residential buildings. Such flexibility components may include technologies such as heat pumps, boilers, battery-storage systems or electric vehicles. In particular, an aggregator is responsible for directly controlling one or more of these technologies and optimizes the amount of flexibility (charging or discharging energy) that can be offered in a wholesale electricity market (e.g., the Day-ahead and the Intra-day spot market). For example, if currently there is a large amount of PV power generation in the pool of residential buildings participating in the program, then part of this excess generation can be offered to a wholesale electricity market (e.g., to cover electricity needs in other balance groups which are currently in shortage of renewable generation).
Through such framework, it would be possible for residential prosumers to better utilize their excess renewable energy, through which they can receive a financial compensation. In addition though, the overall electricity grid can be benefited since it provides the opportunity for an increased absorption of renewable generation. To this end, scalable optimization algorithms at the aggregator- and prosumer-level have to be developed by also considering the individual self-interests (e.g., eco-friendliness, autarky, greediness, etc.). Based on the results of the Flex+ project remuneration schemes and tariffs will be developed for prosumers. Additionally essential processes at prosumer and corporation premises will be initiated and implemented.
For further information please visit: https://projekte.ffg.at/projekt/2926622 or the official web-site of the project https://www.flexplus.at/
My Journey with Intelligent Decision Support Systems 
Leave a comment