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Indicators for assessing the necessity of power system flexibility: a systematic review and literature meta-analysis
Bhuiyan, Rajon; Weissflog, Jan; Schoepf, Michael et al.
2022In Proceedings of the 18th International Conference on the European Energy Market (EEM)
Peer reviewed
 

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The authors gratefully acknowledge the financial support of the Kopernikus-Project “SynErgie” by the Federal Ministry of Education and Research of Germany (BMBF) and the project supervision by the project management organization Projekttraeger Jülich (PtJ).  Supported by PayPal and the Luxembourg National Research Fund FNR (P17/IS/13 342 933/PayPal-FNR/Chair in DFS/Gilbert Fridgen). 


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Keywords :
Flexibility; Indicators; Meta-analysis; Power system; Systematic review
Abstract :
[en] There are different flexibility options to align power systems to volatile feed-in of renewable electricity sources. The flexibility options differ in the dimensions of time, spatiality, and resource type. To make policy decisions on future energy systems, it is necessary to get a top-down indication of how much power system flexibility is needed. With the ongoing energy transition, there is yet no comprehensive overview of indicators that describe which dimension of flexibility will be necessary to what extent for different energy systems. Therefore, this paper provides a first overview of indicators that can be used to assess the necessity of power system flexibility. Thus, we do a systematic literature review to identify indicators that allow us to estimate the necessity of power system flexibility. We conduct a meta-analysis of these indicators and categorize them as indicators that either stand for an increasing or decreasing necessity of power system flexibility. Our paper can help inform policy, assess needed changes to system operations, increase stakeholder acceptance and investor confidence in implementing new technology and measures.
Disciplines :
Management information systems
Energy
Computer science
Author, co-author :
Bhuiyan, Rajon ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
Weissflog, Jan;  FIM Research Center, Project Group Business & Information Systems Engineering of the Fraunhofer FIT, Augsburg, Germany
Schoepf, Michael ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
Fridgen, Gilbert  ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
External co-authors :
yes
Language :
English
Title :
Indicators for assessing the necessity of power system flexibility: a systematic review and literature meta-analysis
Publication date :
September 2022
Event name :
18th International Conference on the European Energy Market (EEM22), University of Ljubljana, Slovenia, 13-15 September 2022
Event organizer :
Faculty of Electrical Engineering, University of Ljubljana
Event place :
Ljubljana, Slovenia
Event date :
13-15 September 2022
Audience :
International
Main work title :
Proceedings of the 18th International Conference on the European Energy Market (EEM)
Publisher :
IEEE
ISBN/EAN :
978-1-6654-0896-7
Peer reviewed :
Peer reviewed
Focus Area :
Sustainable Development
Security, Reliability and Trust
FnR Project :
FNR13342933 - Paypal-fnr Pearl Chair In Digital Financial Services, 2019 (01/01/2020-31/12/2024) - Gilbert Fridgen
Funders :
Kopernikus-Project “SynErgie” by the Federal Ministry of Education and Research of Germany (BMBF)
Available on ORBilu :
since 31 July 2022

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