The workshop organized in Amsterdam, The Netherlands, on 26th September 2017, had the aim to disseminate the project results related to the improved business models and the first steps for their implementation and, at the same time, to further support the cooperation with the IndustRE Consortium.
In a changing electricity market landscape, where the share of intermittent renewable energy in the energy mix is increasing, system flexibility becomes crucial. As part of the solution, the aggregation of renewable energy can significantly accelerate the integration of intermittent electricity sources, complement demand flexibility and decrease the reliance on renewable energy support schemes. Aggregators of demand and/or generation are therefore expected to have an increasingly important role to play in the future.
This report analyses the potential technical, market, environmental and social benefits of energy aggregation. The focus has been set on the countries in which the consortium is active; the United Kingdom, Germany, France, Belgium, Austria, Portugal, Spain, Italy and Cyprus. In depth interviews were carried out by 3E and TUW with aggregators whereas literature was also reviewed.
The EU regulation for aggregators is not sufficiently differentiated. The aggregators are incorporated in the market and accepted as market participants. However, an aggregator-specific regulation does not yet exist and the legal provisions, especially the definition of the “aggregator”, are not up to date with the variety of existing business models. The formal definition of ‘aggregator’ in Art. 2 number 45 of the Energy Efficiency Directive (EED) is just seen from the load side and does not include the generation side, whereas the definition in practice includes both sides of aggregation.
This report focuses further on identifying the technical, regulatory and legal barriers for the implementation of the business models that exist at a national (for target consortium countries) and European level. These barriers will be studied to establish which specific barriers must be lifted in order to develop the improved BMs.
The Workshop on Business Models for Renewable Energy Aggregators was held as part of the BestRES project on 27th September 2016 in Brussels, Belgium. The aim was to present to stakeholders an overview of the existing business models for the aggregation of renewable energy sources identified by the consortium of BestRES project, the benefits from collaborating with aggregators, and the evaluation of regulatory, legal and technical barriers for deployment of the business models.
The 1st BestRES Workshop on Business Models for Renewable Energy Aggregators took place in Brussels, Belgium, on 27th September 2016. The presentations of the workshop are now available for download in this page.
Read the press release about the event here.
The BestRES project investigates the current barriers for aggregators and suggests ways of improving the role of aggregators in future electricity market designs. As a part of the project, key power market design elements for facilitating the market entry of renewable energy aggregators have been analysed by means of interviews with project partners in the countries covered by the BestRES consortium: The United Kingdom, Germany, Belgium, France, Austria, Italy, Portugal, Spain and Cyprus. To complement these interviews, an extensive literature study was performed and results of the previous project activities were equally used as input.
On Tuesday, September 27th 2016, more than 40 participants attended the 1st Workshop on Business Models for Renewable Energy Aggregators held at 3E headquarters in Brussels, Belgium. The event represented a unique opportunity to obtain an overview of the existing framework and business models available in Europe for the aggregation of renewable energy sources and explore the benefits from collaborating with the aggregators.
Read the news here.
Within the BestRES project, business models identified in the report “Existing business models for renewable energy aggregators” have been further improved allowing aggregators to offer new products and services.
In this context, the present report presents improved business models for aggregators in selected European target countries. These improvements address multiple aspects, such as a more competitive trading of renewable generation, better customer relationships and more integrated energy service provision (e.g. energy management, maintenance, etc.).
The BestRES project investigates the current barriers for aggregators and suggests ways of improving the role of aggregators in future electricity market designs. In D3.2 “Improved business models (BMs) of selected aggregators in target countries” of the BestRES project, relevant improved aggregator BMs are identified in each of the countries covered by the consortium. This report investigates if each of these improved BMs is ready for implementation.
The BestRES project investigates the current barriers for aggregators and suggests ways of improving the role of aggregators in future electricity market designs. In D3.2 “Improved BMs of selected aggregators in target countries” of the BestRES project, improved aggregator BMs are identified in each of the countries covered by the consortium. In this report, “An assessment of the economics of and barriers for implementation of the improved BMs”, we identified which of these models are ready for implementation (defined as group 1 BMs). 7 such BMs in 6 countries are identified. In this document, we provide support for implementation to each of them.