An agent-based analysis of main cross-border balancing arrangements for Northern Europe

RAC van der Veen, A Abbasy, RA Hakvoort

Research output: Chapter in Book/Conference proceedings/Edited volumeConference contributionScientific

2 Citations (Scopus)

Abstract

The topic of electricity balancing market integration is first and foremost concerned with the distinction between different cross-border balancing arrangements. Four main arrangements are ACE netting, BSP-TSO trading, an additional voluntary pool, and a common merit order list. In order to investigate the impact of different cross-border balancing arrangements, an agent-based model has been built, which simulates the operation of the balancing markets of the Netherlands, Germany and the Nordic region, including the surplus and balancing energy exchange resulting from integration. The results show that different arrangements have a different impact on imbalance costs for the market. For the case of Northern Europe, the common merit order list results in the lowest imbalance costs, but ACE netting and the voluntary pool are also beneficial integration steps.
Original languageEnglish
Title of host publicationPowerTech, 2011 IEEE Trondheim
EditorsGL Doorman
Place of PublicationTrondheim
PublisherIEEE Society
Pages1-8
Number of pages8
ISBN (Print)978-1-4244-8419-5
Publication statusPublished - 2011
EventPowerTech, 2011 IEEE Trondheim - Trondheim
Duration: 19 Jun 201123 Jun 2011

Publication series

Name
PublisherIEEE

Conference

ConferencePowerTech, 2011 IEEE Trondheim
Period19/06/1123/06/11

Keywords

  • conference contrib. non-refer.
  • Conf.proc. > 3 pag

Fingerprint Dive into the research topics of 'An agent-based analysis of main cross-border balancing arrangements for Northern Europe'. Together they form a unique fingerprint.

Cite this