Regulatory incentives for transmission system operators under flow-based market coupling

Flow-based market coupling is a critical element of the electricity market in Europe. Transmission System Operators determine the commercial transmission capacity that can be implicitly traded in a zonal day-ahead market. However, this entails a trade-off: higher commercial transmission capacities increase market efficiency, affecting the...

Congestion management in electricity distribution networks: Smart tariffs, local markets and direct control

Increasing peaks from high-power loads such as EVs and heat pumps lead to congestion of electric distribution grids. The inherent flexibility of these loads could be used to resolve congestion events. Possible options for this are smart network tariffs, market-based approaches, and direct control of flexible loads by the network operator. In...

The effect of flow-based market coupling on cross-border exchange volumes and price convergence in Central Western European electricity markets

Since 2015 available cross-border transmission capacity is determined using flow-based market coupling (FBMC) in the day-ahead electricity markets of Central Western Europe. This paper empirically estimates the effect of introducing FBMC on day-ahead electricity price convergence and cross-border exchange volumes. In the month following the...

Distributed energy resources for congestion management in the Dutch electricity system: An integrated perspective to improve current market-based redispatch

Rapid intake of intermittent generation units, more decentralised production and electrification of demand impose serious challenges on transmission- and distribution electricity grids. Part of this challenge is an increasing amount of congestion on the grids. The Dutch redispatch market for congestion management needs to be adapted to include...

Integration of day-ahead market and redispatch to increase cross-border exchanges in the European electricity market

The zonal electricity market design in the Central Western European electricity market relies on redispatching generation units after market closure to manage congestion within bidding zones, while congestion between the zones is handled using flow-based market coupling. The combination of internal congestion in the meshed European network...

The participation of greenhouses in the redispatch market for congestion management on the electricity grid: Judging the redispatch market based on greenhouse grower specific characteristics

The growing share of renewable electricity generation poses a balancing challenge on the electricity grid and thus increases probability of for congestion on the electricity grid. On the supply side, flexibility can be built into the system. One option for a market to avoid congestion is the redispatch market, which is the way of solving...