Performance of EMPOWER micro-markets presented at Imperial College

London, December 2015
Presentation by Pol Olivella, on December 2015, held in Imperial College. Summary: nowadays, the power system is evolving from centralized to distributed generation. There are different factors which provoke this change: distributed energy resources (DER) expansion, ICT technologies enabling the installation of sensors in the distribution grid, and the cost reduction of technologies like batteries, power electronics and photovoltaic panels. The proposal is to create local electricity micro-markets at distribution level to manage resources locally. Thanks to this, the future problems at distribution level due to the renewable generation could be solved locally with the management of electric vehicles, storage units and demand side management programs in a competition environment. The H2020 EMPOWER project’s partners are developing the micro-market system to deal with these situations.