Design of a Continuous Local Flexibility Market with Network Constraints

  title={Design of a Continuous Local Flexibility Market with Network Constraints},
  author={El'ea Prat and Lars Herre and Jalal Kazempour and Spyros Chatzivasileiadis},
  journal={2021 IEEE Madrid PowerTech},
To the best of our knowledge, this paper proposes for the first time a design of a continuous local flexibility market that explicitly considers network constraints. Continuous markets are expected to be the most appropriate design option during the early stages of local flexibility markets, where insufficient liquidity can hinder market development. At the same time, increasingly loaded distribution systems require to explicitly consider network constraints in local flexibility market clearing… 

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