Objective
In the framework of the achievement of the EU Climate and Energy packages for the decarbonisation of the energy sectors, the integration of variable renewable energy sources will put at stake the stability and provision security of the electricity system: there is a growing need for flexibility provision to ensure a reliable and stable electric system.
MAGNITUDE addresses the challenge to rise flexibility in electricity systems, by increasing the synergies between electricity, heating/cooling and gas networks and associated systems. MAGNITUDE will bring technical solutions, market design and business models, to be integrated on ongoing policy discussions.
MAGNITUDE will define technological and operational means for maximising flexibility provision to the electricity network. It will identify the regulatory framework to bring such flexibility service to the energy markets and will provide enhanced market designs and related business mechanisms.
MAGNITUDE is built upon 7 real life case studies of multi energy systems, located in different European countries, under different regulatory and geopolitical environments and with different technological development levels. It will:
1. Simulate the multi energy systems in the case studies and optimise their operation strategies maximising the provision of specific flexibility services
2. From existing regulations, propose improved market designs, and integrate them in a market simulation platform for evaluating its performance among the case study countries
3. Quantify the benefit of pooling flexibilities from decentralized multi energy systems for energy markets through an aggregation platform.
MAGNITUDE results will define policy strategies and recommendations in a pan-European perspective. Achievements will be spread among stakeholders to raise awareness and foster higher collaboration among the electricity, heating and gas sectors to achieve the common goal of a less carbon intensive, yet reliable energy system.
Fields of science
- natural sciencescomputer and information sciencessoftware
- engineering and technologyenvironmental engineeringenergy and fuelsrenewable energy
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectrical engineeringpower engineeringelectric power distribution
- engineering and technologymechanical engineeringthermodynamic engineering
- social scienceseconomics and businessbusiness and managementbusiness models
Programme(s)
Topic(s)
Funding Scheme
RIA - Research and Innovation actionCoordinator
75008 Paris 08
France
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Participants (15)
1190 Wien
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
CF24 0DE Cardiff
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00144 Roma
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30006 Murcia
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
2400 Mol
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20134 Milano
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721 23 Vasteraas
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2800 Kongens Lyngby
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1348 Louvain-la-neuve
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
76131 Karlsruhe
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77447 Champs Sur Marne
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
75008 Paris
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30008 Murcia
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25124 Brescia
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1200 Bruxelles
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The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.