TY - GEN
T1 - Local Flexibility Markets in Europe
T2 - 21st International Conference on the European Energy Market, EEM 2025
AU - Jimeno, Joseba
AU - Madina, Carlos
AU - Fernandez, Elvira
AU - Aranzabal, Itxaso
AU - Gomez-Arriola, Ines
AU - Vicente-Figueirido, Ibon
N1 - Publisher Copyright:
© 2025 IEEE.
PY - 2025
Y1 - 2025
N2 - With the increasing need for flexibility to ensure the safe and secure operation of electricity grids, Local Flexibility Markets (LFMs) are expected to become a key tool for mobilizing flexibility from resources connected to distribution grids. This paper reviews existing LFMs in Europe, highlighting the situation in countries such as the United Kingdom, France, the Netherlands, Norway, Italy, and Spain, which already have fully operational markets or in a precommercial stage. The analysis covers the characteristics of flexibility products, the services provided, and the market architectures. Additionally, the authors analyse the main challenges faced by LFMs and propose potential enhancements to improve various aspects of these markets.
AB - With the increasing need for flexibility to ensure the safe and secure operation of electricity grids, Local Flexibility Markets (LFMs) are expected to become a key tool for mobilizing flexibility from resources connected to distribution grids. This paper reviews existing LFMs in Europe, highlighting the situation in countries such as the United Kingdom, France, the Netherlands, Norway, Italy, and Spain, which already have fully operational markets or in a precommercial stage. The analysis covers the characteristics of flexibility products, the services provided, and the market architectures. Additionally, the authors analyse the main challenges faced by LFMs and propose potential enhancements to improve various aspects of these markets.
KW - Aggregation
KW - Congestion Management
KW - Demand Response
KW - Distributed Energy Resources
KW - Local Flexibility Markets
UR - https://www.scopus.com/pages/publications/105011060543
U2 - 10.1109/EEM64765.2025.11050255
DO - 10.1109/EEM64765.2025.11050255
M3 - Conference contribution
AN - SCOPUS:105011060543
T3 - International Conference on the European Energy Market, EEM
BT - 2025 21st International Conference on the European Energy Market, EEM 2025
PB - IEEE Computer Society
Y2 - 27 May 2025 through 29 May 2025
ER -