Jimeno, JosebaRuiz, NereaMadina, CarlosGonzalez-Garrido, Amaia2022Jimeno , J , Ruiz , N , Madina , C & Gonzalez-Garrido , A 2022 , Real-Time Flexibility Market Participation of Thermostatically Controlled Loads . in unknown . vol. 2022 , 2165-4077 , IEEE , pp. 1-6 , 18th International Conference on the European Energy Market, EEM 2022 , Ljubljana , Slovenia , 13/09/22 . https://doi.org/10.1109/EEM54602.2022.9921056conference978-1-6654-0897-4978-1-6654-0896-79781665408967researchoutputwizard: 11556/1426Publisher Copyright: © 2022 IEEE.The objective of this paper is to demonstrate the feasibility of using the aggregated flexibility of thermostatically controlled loads (TCLs) to provide balancing and congestion management services to system operators through the participation in a real-time flexibility market. To this aim, a TCL aggregation model that employs a bottom-up approach based on physical end-use load models has been developed. A direct load control (DLC) scheme is considered, where the control variable is the thermostat temperature setpoint. This temperature can be manipulated between the upper and lower limits set by end-users, who receive an economic compensation in exchange for the loss of comfort. As output a set of flexibility bids to be sent to the market are obtained. To demonstrate the applicability of the proposed aggregation model and estimate the overall flexibility potential from TCLs, a large-scale case study, based on a future power system in Spain has been considered.6215404enginfo:eu-repo/semantics/openAccessconference output10.1109/EEM54602.2022.9921056Ancillary servicesAggregatorDemand responseLoad managementThermostatically controlled loadsAncillary servicesAggregatorDemand responseLoad managementThermostatically controlled loadsMarketingEnergy Engineering and Power TechnologyFuel TechnologyProject IDinfo:eu-repo/grantAgreement/EC/H2020/824414/EU/Large scale campaigns to demonstrate how TSO-DSO shall act in a coordinated manner to procure grid services in the most reliable and efficient way/CoordiNetinfo:eu-repo/grantAgreement/EC/H2020/824414/EU/Large scale campaigns to demonstrate how TSO-DSO shall act in a coordinated manner to procure grid services in the most reliable and efficient way/CoordiNetFunding InfoH2020, 824414, CoordiNetH2020, 824414, CoordiNethttp://www.scopus.com/inward/record.url?scp=85141124117&partnerID=8YFLogxK