Flexibility in the electricity industry Unconventional contributions to the flexibility market

The symposium “Flexibility in the electricity industry: unconventional contributions to the flexibility market” addressed participants from industry as well as from the energy sector. The speakers shared their experience with the flexibility market and gave some insights into challenges, current projects and the expected future market- and technology development. 

Fostering plants that generate wind- and solar energy may increase the amount of balancing power while unconventional solutions, such as the provision of industrial plants or new technologies form a yet largely untapped potential. The exploitation of this potential may improve the diversification of the flexibility market and hence the dependency on hydrological conditions can be reduced. At the same time, the plant operators can profit from the additional revenue generated by the offered positive or negative electrical balancing power.