Autors: Mladenov, V. M., Chobanov, V. Y., Ivanova, V. Title: Policy Framework Enabling Flexibility Markets—Bulgarian Case Keywords: policy framework; flexibility market; regulation; DSO; TSO Abstract: The legislation at the EU level is decisive in developing the local flexibility market. At the current stage, there are far-from-sufficient regulations on the local flexibility market, which can be perceived as a major barrier. The scope of this article is to explore the operational principles of the European local flexibility market and to assess the regulation of emerging flexible markets in order to help a new policy framework that facilitates the integration of flexible assets in the distribution grid. Although the evaluation primarily focuses on current regulations, numerous modifications are still being made to them, such as those brought about by the implementation of the Clean Energy Package. The possibility of the research material quickly becoming outdated makes this difficult. To reduce this risk, we also examine current debates over potential restrictions; nonetheless, the core of the report mainly applies to laws and policies that were in force prior to the second half of References Issue
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