%0 Conference Proceedings %T Valorization of Aggregated Decentral Flexibilities %+ Universität Duisburg-Essen = University of Duisburg-Essen [Essen] %A Dietrich, Andreas %A Weber, Christoph %Z Part 2: SmartER Europe 2017 %< avec comité de lecture %( IFIP Advances in Information and Communication Technology %B 3rd and 4th International Conference on Smart Energy Research (SmartER Europe 2016 and 2017) %C Essen, Germany %Y Christian Derksen %Y Christoph Weber %I Springer International Publishing %3 Smart Energy Research. At the Crossroads of Engineering, Economics, and Computer Science %V AICT-495 %P 178-187 %8 2017-02-09 %D 2017 %R 10.1007/978-3-319-66553-5_13 %K Decentral flexibility %K Virtual power plant %K Business model %K Aggregator %K Regulation %K Smart grid %K Power to heat %K Thermal storage %K Electrical storage %Z Computer Science [cs]Conference papers %X In power systems with high shares of fluctuating renewable electricity production, flexibility options play an important role for system stability. Supplementary to existing technologies, new approaches for the provision of flexibility are under discussion. Among these, emphasis is put on decentral flexibilities at residential and commercial level that may become available by aggregation and market oriented coordination. Because future contributions of this concept to the coverage of flexibility demand will not only depend on technical solutions but also on viable business models, questions of economic incentives as well as regulatory issues are of particular relevance. Based on preliminary findings of an ongoing research project, this paper categorizes decentral flexibilities and presents key determinants for their utilization and merit. Considering current German regulatory framework and market conditions, major challenges along the aggregators’ value chain are discussed. It turns out that under today’s conditions the aggregation of (small) decentral flexibilities is a demanding business. On the one hand, it is difficult to reach an overall competitive cost level. On the other, misplaced incentives at the end customer level hamper the procurement of flexibilities from an aggregator’s perspective. Furthermore, revenue potentials on the sales side are limited due to a wholesale market situation that is characterized by overcapacities. %G English %Z TC 12 %2 https://inria.hal.science/hal-01691201/document %2 https://inria.hal.science/hal-01691201/file/450780_1_En_13_Chapter.pdf %L hal-01691201 %U https://inria.hal.science/hal-01691201 %~ IFIP-LNCS %~ IFIP %~ IFIP-AICT %~ IFIP-TC %~ IFIP-TC12 %~ IFIP-AICT-495 %~ IFIP-SMARTER