“TECNALIA develops tools to guarantee a safe and reliable electric power supply”
FLEXY maximises and optimises the use of flexibility to facilitate energy transition
TECNALIA has developed the FLEXY tool, made up of different modules that enable users to do the following:
- Based on historic data and using AI models, make forecasts of:
- Daily market prices and balance sheet services (as well as expected trend) - MarketWizard Module
- Photovoltaic production - NF_Prod Module
- Consumption - NF_Load Module
- Using mathematical optimisation models, operate the distributed energy resources in order to:
- Reduce the energy bill of a single prosumer - Optimize Module
- Maximise the economic return of the aggregate participation in electricity markets (day-ahead, intraday, balancing services, congestion resolution) of various distributed energy resources (hybrid generation plants, different types of prosumers, storage systems, electric vehicle fleets, etc.) - Optimarket Module
- Through an iterative process, obtain the optimal prices for energy exchange within an energy community (P2P), to minimise the energy exchange with the electricity system and maximise the economic return of participants - Enercomm Module
FLEXY optimises the use of flexibility, whether at the individual prosumer level (from large industrial prosumers to small domestic consumers), at the energy community level or for the aggregation of various types of distributed resources.
Electrification of the economy and mass decarbonisation of electricity production
After reducing the environmental impact of electricity generation, the EU-driven energy transition is now entering a new phase in which it is moving towards the electrification of the economy, while decarbonising electricity generation on a large scale.
- In this context, it is even more important to ensure a robust and reliable power supply, which requires an effective integration of all resources that can contribute to the operation of the electric power system.
- In short, the key elements to achieve these goals include taking advantage of the flexibility available in demand, regardless of the level of consumption and the voltage at which it is connected; and the intensive use of storage elements that make generation from renewable sources more flexible.
