Bowler B. , Asprou M. , Hartmann B. , MAZIDI, PEYMAN, Kyriakides E.
No
Lect. Notes Electr. Eng.
Conference Paper
Científica
0.134
01/01/2020
000656146800002
2-s2.0-85079105811
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).
Balancing; Ancillary service; Balancing market; Decarbonisation; Electricity sector; Market operators; Wholesale electricity markets; Wholesale market design; Wholesale markets; Commerce