Uppsala: New market for power flexibility
In january, a new market for power flexibility opened in the Swedish city of Uppsala. The purpose of the market is to make it possible for local actors to unburden the power grid when power peaks occur. The power market sends a clear signal to electricity users to do things that level off the power output over the hours of the day. The electricity users that participate in the market can get paid to be flexible in their use, by for example reducing electricity use or using electricity at other times.
The new power market is a part of the EU innovation project CoordiNet, where new market solutions för the power system are tested on three european countries.