Print Email Facebook Twitter Coordination Strategies for Reducing Price Volatility in Local Electricity Markets Title Coordination Strategies for Reducing Price Volatility in Local Electricity Markets Author Chakraborty, S.T. (TU Delft Energy & Industry) Contributor Lukszo, Z. (promotor) Verzijlbergh, R.A. (copromotor) Degree granting institution Delft University of Technology Date 2022-05-20 Abstract With increasing renewable energy and cross-sectoral electrification price volatility is increasing. Flexibility through demand-side management and electric storage has the potential for reducing price volatility. In this thesis, using duality theory the flexibility required for constraining price to a maximum limit is quantified. Coordination Strategies for Reducing Price Volatility in Local Electricity Markets investigate three case studies varying with respect to type and degree of flexible resource aggregation for constraining price. Insights generated are relevant for regulators, aggregators, energy communities, and scholars focusing on the engineering and economics of local energy systems. Subject coordination mechanismsPrice volatilityDuality theoryFlexibilityLocal electricity markets To reference this document use: https://doi.org/10.4233/uuid:cc7874b6-62b8-4539-9cf6-d63c7bf9dce0 ISBN 978-94-6384-331-7 Part of collection Institutional Repository Document type doctoral thesis Rights © 2022 S.T. Chakraborty Files PDF Final_Thesis.pdf 11.28 MB Close viewer /islandora/object/uuid:cc7874b6-62b8-4539-9cf6-d63c7bf9dce0/datastream/OBJ/view