Market Interface Platform:
a digital platform for the local Energy Flexibility Market
A digital marketplace that connects grid operators, aggregators, and customers, enabling a structured, secure, and transparent exchange of energy flexibility at a local level.
What is the Market Interface Platform (MIP)?
The Market Interface Platform (MIP) is Engineering’s digital platform that enables the Local Energy Flexibility Market, allowing intelligent management of consumption and production within local electricity grids.
Developed within the European PLATONE project and tested in the RomeFlex framework, MIP connects all the stakeholders involved in managing ancillary electricity flexibility services: energy distribution companies, operators aggregating customer and business resources, the Market Operator (GME), and the registry that collects consumption and production data.
MIP represents the enabling infrastructure of an Energy Flexibility Marketplace, where the ability to modulate consumption and production can be enhanced and traded in a structured, transparent, and local manner, in line with a specifically defined market scheme.
What does Engineering’s Market Interface Platform do?
Engineering’s Market Interface Platform (MIP) acts as a true orchestrator, coordinating all activities and enabling communication among the different system actors, transforming data and requests into concrete actions on the network.
How does it work?
MIP operates through a structured process covering the entire Local Flexibility Market cycle, from flexibility requests to financial settlement:
The process begins with the submission of a flexibility request by grid operators, for example to relieve network congestion or manage a consumption peak. At the same time, the amount of flexibility that operators representing customers and businesses can offer - by modulating their consumption or production - is estimated.
The platform distributes results to all relevant parties: grid operators who must activate flexibility, operators managing customer resources, and systems collecting metering, consumption, and production data. This enables the definition of setpoints, for example the amount of energy to be increased or reduced.
Platform features
Focus on
PlatOne: Blockchain for the energy network
With blockchain technology we guarantee energy flexibility and safe monitoring of consumption by putting the user at the heart of the network
RomeFlex solution and Engineering's platform
We enable a comprehensive, evolved and inclusive local Flexibility Marketplace for prosumers, serving all utilities in the area.
FAQ
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