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Exploring Flexibility Potential of Energy-Intensive Industries in Energy Markets

Author

Listed:
  • Laureana Luciani

    (CIRCE–Technology Center, Avenida Ranillas 3D 1ºA, 50018 Zaragoza, Spain)

  • Juliana Cruz

    (CIRCE–Technology Center, Avenida Ranillas 3D 1ºA, 50018 Zaragoza, Spain)

  • Victor Ballestin

    (CIRCE–Technology Center, Avenida Ranillas 3D 1ºA, 50018 Zaragoza, Spain)

  • Boniface Dominick Mselle

    (CIRCE–Technology Center, Avenida Ranillas 3D 1ºA, 50018 Zaragoza, Spain)

Abstract

The European Union, in pursuit of the goal of reducing emissions by at least 55% by 2030 and achieving climate neutrality by 2050, is deploying different actions, with industry decarbonization as a key strategy. However, increasing electricity demand requires an intensification of energy generation from clean technologies, and the energy system’s expansion is hindered by renewable generation’s climatic dependencies and the imperative for substantial electrical infrastructure investments. Although the transmission grid is expected to grow, flexibility mechanisms and innovative technologies need to be applied to avoid an overwhelming growth. In this context, this paper presents a thorough assessment, conducted within the FLEXINDUSTRIES project, of the flexibility potential across seven energy-intensive industries (automotive industry, biofuel production, polymer manufacturing, steel manufacturing, paper mills, pharmaceutical industry, and cement production). The methodology followed during the analysis entails reviewing the state-of-the-art existing flexibility mechanisms, industries’ energy markets engagement, and technical/operational readiness. The results highlight the feasibility of the proposed actions for enabling energy market flexibility through demand-response programs, quantifying energy opportunities, and pinpointing regulatory and technical barriers.

Suggested Citation

  • Laureana Luciani & Juliana Cruz & Victor Ballestin & Boniface Dominick Mselle, 2024. "Exploring Flexibility Potential of Energy-Intensive Industries in Energy Markets," Energies, MDPI, vol. 17(12), pages 1-18, June.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:12:p:3052-:d:1419049
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    References listed on IDEAS

    as
    1. Li, Pei-Hao & Pye, Steve, 2018. "Assessing the benefits of demand-side flexibility in residential and transport sectors from an integrated energy systems perspective," Applied Energy, Elsevier, vol. 228(C), pages 965-979.
    2. Christos K. Simoglou & Pandelis N. Biskas, 2023. "Capacity Mechanisms in Europe and the US: A Comparative Analysis and a Real-Life Application for Greece," Energies, MDPI, vol. 16(2), pages 1-32, January.
    3. Dimitriadis, Christos N. & Tsimopoulos, Evangelos G. & Georgiadis, Michael C., 2023. "Optimal bidding strategy of a gas-fired power plant in interdependent low-carbon electricity and natural gas markets," Energy, Elsevier, vol. 277(C).
    4. Khojasteh, Meysam & Faria, Pedro & Lezama, Fernando & Vale, Zita, 2023. "A novel adaptive robust model for scheduling distributed energy resources in local electricity and flexibility markets," Applied Energy, Elsevier, vol. 342(C).
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    1. Krzysztof Ejsmont & Bartlomiej Gladysz & Rodolfo Haber, 2024. "Energy Challenges and Smart Applications in Production Systems," Energies, MDPI, vol. 17(22), pages 1-6, November.

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