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U.S. Department of Energy
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An Integrated Paradigm for the Management of Delivery Risk in Electricity Markets: From Batteries to Insurance and Beyond

Conference ·
OSTI ID:1762467

This presentation discusses the objectives to quantify flexibility from distributed energy resources (DERs) through DER risk scores, increase the number of hedging options for resources with uncertain output by tapping system-wide resources through a system-wide flexibility auction, and create transparent flexibility prices ahead of time, alleviating the need for forecasting of balancing prices.

Research Organization:
National Renewable Energy Laboratory (NREL), Golden, CO (United States)
Sponsoring Organization:
USDOE Advanced Research Projects Agency - Energy (ARPA-E)
DOE Contract Number:
AC36-08GO28308
OSTI ID:
1762467
Report Number(s):
NREL/PR-5D00-78787; MainId:32704; UUID:1df7a3ff-a80a-47e0-a2ec-aa7d17d16d62; MainAdminID:19188
Country of Publication:
United States
Language:
English