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Enabling Flexibility Through Wholesale Market Changes – A European Case Study

Authors

Bowler B. , Asprou M. , Hartmann B. , MAZIDI, PEYMAN, Kyriakides E.

External publication

No

Means

Lect. Notes Electr. Eng.

Scope

Conference Paper

Nature

Científica

JCR Quartile

✗

SJR Quartile

✗

SJR Impact

0.134

Web

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85079105811&doi=10.1007%2f978-3-030-37818-9_2&partnerID=40&md5=5230d836ace8c7550de226a4a643e4cf

Publication date

01/01/2020

ISI

000656146800002

Scopus Id

2-s2.0-85079105811

DOI

10.1007/978-3-030-37818-9_2

Abstract

European and global electricity sector decarbonisation is driving changes in wholesale electricity markets as market operators, regulators and system operators encourage increased levels of flexibility. Existing wholesale market design characteristics are changing; new, parallel marketplaces are also emerging. This paper analyses the design space for ancillary services and balancing markets, considers settings in Europe using ENTSO-E annual survey data and discusses changes to market settings that promote flexibility. Finally, it proposes some basic changes to the intraday market. © 2020, The Author(s).

Keywords

Balancing; Ancillary service; Balancing market; Decarbonisation; Electricity sector; Market operators; Wholesale electricity markets; Wholesale market design; Wholesale markets; Commerce