Date: Thursday, April 23, 2020
We are happy to invite you to participate in the wholesale market demonstration of the FLEXITRANSTORE Horizon2020 project. Through this demonstration the operation of an elaborated market design and an e-market platform, which have both been developed by FLEXITRANSTORE, will be presented, both for the market participants and the system operators. The demonstration will run a fictive intraday market in Bulgaria and in Cyprus, parallel to the current one. Our objective is to demonstrate the next generation of the Flexible Energy Grid and the possibilities it enables for new marketplace and business models, including new clearing that handles both energy and flexibility products. During the demonstration, participants can test intraday market trading with quarter-hourly products and an extended palette of basket orders, which facilitate market involvement of energy storage and demand-side aggregation, and support optimisation for welfare maximum to reduce costs of all market players. Participants:
  • can adapt to new basket orders
  • can learn how to adjust their bidding strategy to the accuracy of weather forecasts
  • can test the reliability of their bidding strategy in case of extreme weather events
The demonstration is to be conducted between May 2020 and February 2021. You are strongly welcome to join force with us in this innovation action. We will be happy to exchange and disclose further detailed information with you and invite you to attend our webinar held on 23rd April from 14:00 CET
Please join the webinar through this link: