The BestRES project investigates the current barriers for Energy Aggregators and suggests ways of improving their role in future electricity market designs.
Aggregation can significantly accelerate the deployment of renewable energy sources (RES), help to build a regulatory framework for a widespread application across Europe and decrease the reliance of renewables on subsidies. BestRES adds value to the EU sustainable energy policy activities because none of the ongoing or completed European projects so far has covered a comprehensive multi-criteria business model analysis for energy aggregators (taking into account RES, storage and DSM technologies integration into the electricity system). An important novelty of our project is the virtual business model implementation using real customer data and the extension of results to other market regions and aggregation levels.
In the BestRES project, WIP, 3E, TUW, SUER, Youris and 6 RES aggregators in 9 European target countries, are investigating the current barriers and opportunities for RES aggregators in Europe. In the first stage, the project is focusing on existing European aggregation business models taking into account technical, market, environmental and social benefits. In the second stage, we will develop improved business models considering market designs and with a focus on competiveness and Life Cycle Analysis (LCA) that are replicable in other countries in the EU. These improved business models will then be implemented with real data and monitored in the target countries.
The project is build up around the following structure:
29 June 2016
The energy landscape is shifting away from fossil fuels towards more sustainable electricity sources, and from vertically integrated monopolies to unbundled and competitive markets. Energy markets have been historically designed around centralised sources, however renewable energy generation requires a different approach – integrating different decentralised sources, energy storage and strengthening linkages with the demand side. […]