Flex4RES test

Flex4RES – Flexible Nordic Energy Systems

The Flex4RES project investigates how an intensified interaction between coupled energy markets, supported by coherent regulatory frameworks, can facilitate the integration of variable renewable energy (VRE) in turn ensuring stable, sustainable and cost-efficient Nordic energy systems. Through a holistic system approach based on coupled energy markets, we identify potentials, costs and benefits of achieving flexibility in the Nordic power market created by the heat, gas and transport sectors as well as by power transmission and production. We develop coherent regulatory frameworks and market designs that facilitate market interactions, which are optimal for the Nordic conditions in an EU context..

Participants: DTU Management Engineering (Denmark), Co-ordinator, KTH - Royal Institute of Technology (Sweden), Norwegian University of Life Sciences (Norway). Aalto University (Finland), RAM-løse edb (Denmark), NIFU Nordic Institute for Studies in Innovation, Research and Education (Norway)

The project is supported by Nordic Energy Research. Flex4RES is one of the three flagship projects launched in 2015 to address common Nordic energy and climate challenges

Period: 2015-2019.

Project website LinkedIn logoNordic Energy ResearchDTU Orbit

Contact

Klaus Skytte
Head of Energy Economics and Regulation
DTU Management Engineering
+45 93 51 10 85