The project FLEXITRANSTORE nominated for the "Good Practice of the Year" Award 2021
We are happy to announce that the project FLEXITRANSTORE has been nominated – in Technological Innovation & System Integration - as Good Practice of the Year 2021 by the Renewables Grid Initiative.
The High Voltage Laboratory of ECE-NTUA participates in the project which aims to develop a next generation power system flexibility platform, enhance simulation tools and demonstrate innovative grid-flexibility technologies to improve the flexibility resources of the pan-European transmission system. The platform focuses on the integration of Southeast Europe markets, boosts the establishment of a liberalised electricity market and encourages relationship building and knowledge sharing among industry players in the region.
FLEXITRANSTORE’s approach targets the entire energy industry value chain by focusing on flexibility infrastructure, capabilities of demand side response, improved operations, flexible generation and the integration of storage to accelerate RES integration and increase cross border flows from a market and system perspective. Flexibility resources utilised as part of FLEXITRANSTORE include battery energy storage systems, power flow controllers, active substation controllers, dynamic line rating technology, as well as wholesale market demonstration and clearing. Convincing testing phases have already led to nonconsortium TSOs wanting to pilot the solutions within their systems.
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 774407.
See here the Award Brochure in which the project is featured (page 37) among the jury's favourite practices.