Lessons learned from the first 3 years of operating local flexibility markets in Norway and Sweden

NODES has been actively involved with several projects in Norway and Sweden where they provide their platform to incentivise and facilitate the use of distributed flexible energy resources through a market-based approach.  The networks are constrained and there is a need to stimulate better flexibility.   To date; TEN DSOs, TWO TSOs and TWENTY TWO active Flexibility Service Providers are trading on NODES’ independent market platform.  NODES has established a common language so that the DSOs can develop tools and methods while using market based solutions for congestion management purposes, provide the TSO with new aggregated resources for balancing the power system and help Aggregators to develop and test their own unique business models while offering flexible resources from their customers.

Over the last three years the NODES market platform has matched more than 32,000 trades for activation, with a total volume of 4.9 GWh from over 12 000 assets (totalling 92 GW registered flexibility) in Sweden and Norway.  In this session, NODES will present learnings and conclusions from these ongoing projects, and some of our ambitions for our platform for the coming years.

Presented by Guro Grøtterud of NODES