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CRISP Report Summary

Project ID: ENK5-CT-2002-00673
Funded under: FP5-EESD
Country: Netherlands

Overview of a novel way of on-line matching of supply and demand of electricity using market-oriented optimisation algorithms

An overview of the current power markets and hierarchic grid architectures and the role of demand side and supply management therein is given. Further, a framework is presented for the application of new ICTs and agent technology for integrated Supply and Demand Matching in bottom-up high-RES distributed generation environments. Using this framework, four sample scenarios are defined, spanning a bottom-up approach for power distribution networks as well as for bottom-up markets. These results serve as an input for WP2-simulations and WP3-tests in the CRISP-project.

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