Latest revision as of 14:57, 2 January 2018
[edit] Definition
capability of a dispatchable sink or source of electricity to adopt the active power consumption or generation according to an input variable.
Note to entry: In many cases flexibility is understood as price elasticity, but it is also possible to have an elastic response according to technical input variables such as frequency, voltage or current.
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[edit] Sources
http://www.electropedia.org/ 617: Organization/Market of electricity