Page 34 - European Energy Innovation - winter 2017 publication

34 Winter 2017 European Energy Innovation

COMMUNICATION

FutureFlow This project has received funding from the European
Union's Horizon 2020 research and innovation
Designing eTrading Solutions for Electricity programme under grant agreement n˚ 691777
Balancing and Redispatching in Europe
www.europeanenergyinnovation.eu
Our world is changing and so is the energy field. As we
strive to the decarbonised world, we now have more and
more electricity produced from renewable sources who
have considerably reduced capabilities of conventional,
fossil-fuel based power plants to ensure balancing activities
and congestion relief through redispatching. And there are
also industrial and household consumers, equipped with
state-of-the-art devices, who are no longer just ordinary
consumers, but can also produce electricity or regulate their
consumption. Their potential is to become active players in
power system security.

FutureFlow with its research and innovation activities aims
to provide regional integration of balancing markets and
to provide infrastructure for consumers and distributed
generators to be able to provide flexible balancing and
redispatching services. The aim is not just to provide
prerequisites that enables participation of those sources
but also to validate that they are actually capable of offering
services on same quality level as conventional units within
an attractive business environment.

As a development project, FutureFlow will not remain solely
on the level of scientific contributions. The results of its work
will include prototype solutions which industry can apply in
the real economy after the end of the project:

• Prototype platform for the aggregation of distributed
generation and demand response;

• Prototype of the regional balancing and redispatching
platform.

We believe that in the near future active consumers will
become guardians of the power system, contributing
to the most challenging of all TSOs’ balancing services,
consequently reducing their electricity prices and the
dependence of countries on fossil fuels, as well as lowering
CO2 emissions.

PROJECT PROFILE
• Duration: 2016 – 2020
• Project value: EUR 13 million (Horizon 2020 programme)
• Consortium: 3E, APG, CYBERGRID, EIMV, EKC,

ELEKTRO ENERGIJA, ELES, GEMALTO, GEN-I, MAVIR,
SAP, TRANSELECTRICA
• Coordinator: ELES, d.o.o., Slovenia l

More information:

Web Page: www.futureflow.eu
E-mail: future.flow@eles.si