Title 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
SJR Quartile 4
SJR Impact 0.13400
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
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