Delighted to be publishing the @EnergySysCat evaluation summary report on Project TraDER, a highly innovative demonstration project for enabling distributed flexibility markets #innovation #NetZero #electricity
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First-of-a-kind neutral market platform trades flexibility between local and national markets in the Orkney islands URL:https://es.catapult.org.uk/news/electron-neutral-market-platform-trials-trading-flexibility/ …
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An extremely interesting project to be involved in and looking forward to further demonstration of the trading platform’s capabilities that clearly have so much potential. Project was led by
@ElectronDLT and funded by@beisgovukShow this thread -
The TraDER project brought together a talented and committed group of experts from
@CGI_UKNEWS@CES_Tweet,@edfenergy,@Kaluza_tech ,@ELEXONUK ,@nationalgriduk, and@SSEN_FN.Show this thread -
TraDER is based on a neutral flexibility/energy trading platform that enables a price-driven market. Assets are enabled to bid into multiple markets and choose the best price, and multiple buyers are coordinated. It achieved many 'firsts' and major achievements...
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1. Working example of a DNO/DSO-enabled market operated by a neutral market facilitator and not a DNO/DSO; 2. DNO operating an ANM system enabling a market by providing network security against flexibility non-delivery; 3. Hosted real-time P2P market trading physical energy...
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...4. Alleviation of constraints handled by market solutions via trading platform; 5. Increased access to revenue streams for distributed energy resources. It doesn't end there and future looks bright for more innovation in this space!
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