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Flexibility Options

Voluntary market products that manage imbalances across electricity markets.

Definition in an Article

Source: 1

Flexibility Options could be introduced as a class of products with voluntary participation in systems where operators want to efficiently manage imbalances between at least two electricity markets, including DA and RT.

Last modified: 2025-10-31

Related: system-flexibility · flexibility-reserve · day-ahead-energy-market · real-time-energy-market

← Financial Transmission Right · Flexibility Reserve →

  1. Spyrou, Elina and Zhang, Qiwei and Hytowitz, Robin B. and Hobbs, Benjamin F. and Tyagi, Siddharth and Cai, Mengmeng and Blonsky, Michael (2025). Flexibility Options: A Proposed Product for Managing Imbalance Risk. https://doi.org/10.1109/TEMPR.2025.3529689 ↩