Searched for: subject%3A%22balancing%255C+market%22
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Siemensma, Ruben (author)
As the share of renewable energy generation increases, the need for energy storage also increases. Therefore, there is a need for better storage representation in the current energy modelling tools. In the present day,<br/>the longer-term energy storage systems are not fully represented since, for existing storage systems, the self-serving...
master thesis 2022
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Jaspers, Barend (author)
The transition towards an energy system with high shares of variable renewable energy (VRE) sources has significant implications for the electricity system's demand and supply of balancing services, i.e. all the services to level out frequency deviations in the electricity system. First, the intermittent character and limited predictability of...
master thesis 2021
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Vas-Corrales, Alejandro (author), Nguyen, Phuong (author), Vergara Barrios, P.P. (author), Schoot, Wouter (author), Soder, Lennart (author)
The power grid is rapidly experiencing a transformation driven by renewable and climate targets which pose a huge challenge to maintain the system stability and reliability, thus balancing services become more crucial now than ever. To provide balancing services in a cost-efficient way, it is necessary to develop predictive models which can...
conference paper 2021
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Poplavskaya, K. (author), Lago, Jesus (author), Strömer, Stefan (author), De Vries, Laurens (author)
Electricity balancing is one of the main demanders of short-term flexibility. To improve its integration, the recent regulation of the European Union introduces a common standalone balancing energy market. It allows actors that have not participated or not been awarded in the preceding balancing capacity market to participate as voluntary...
journal article 2021
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Kop, Sjoerd (author)
As the energy transition is expected to increase the number of imbalances in the following years, more flexibility is needed to mitigate these imbalances. Electric Vehicles (EV) can provide this flexibility by adjusting their charging speed. An aggregator can provide this flexibility of many EVs to the balancing markets. However, since EVs are...
master thesis 2020
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Poplavskaya, K. (author), Lago, Jesus (author), De Vries, Laurens (author)
Market-based procurement of balancing services in Europe is prone to strategic bidding due to the relatively small market size and a limited number of providers. In the European Union, balancing markets are undergoing substantial regulatory changes driven the efforts to harmonize the market design and better align it with the goals of the...
journal article 2020
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Deen, Gerrit (author)
Wind Power Producers (WPP) incur a negative result through mandatory participation on the balancing market. This study analyzes the performance of multiple improved offering strategies for a WPP offering both on the day-ahead market and the balancing market. It does so on revenue, as well as its impact on the grid and electricity market as a...
master thesis 2019
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Poplavskaya, K. (author), De Vries, Laurens (author)
Thanks to new technological advancements and EU policy impulse, distributed energy resources (DER) are poised to become a viable alternative to conventional electricity generation for the provision of balancing services to transmission system operators. In this paper we show that the design variables that affect DER access to and...
journal article 2019
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Suárez, Víctor García (author), Rueda, José L. (author), Tuinema, B.W. (author), Perilla Guerra, A.D. (author), van der Meijden, M.A.M.M. (author)
This paper investigates the viability of the integration of demand side response of large scale electrolyser facilities into electrical ancillary services markets. A review of the current structure and mechanisms of balancing markets, voltage control and congestion management in the Netherlands is presented, taking into consideration future...
conference paper 2018
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Poplavskaya, Ksenia (author), De Vries, Laurens (author)
The aggregator has been touted as the key enabler of active engagement of distributed energy resources and promises to contribute to greater economic efficiency in the European balancing markets by providing cheap sources of flexibility. This paper presents an empirical analysis of how aggregators organize themselves in relation to other...
conference paper 2018
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Eid, C. (author)
The European policy focus on smart grids implies their development as an indispensable part of the future power system. However, the definition of a smart grid is broad and vague, and the actual implementation of a smart grid can differ significantly depending on the stakeholders involved. Smart electricity grids can be defined as electricity...
doctoral thesis 2017
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Poorte, Michelle (author)
<br/>In the Netherlands the main sources of electricity are currently coal and gas fired power plants. Due to the increasing share of electricity that is produced from renewable energy sources, the operational hours of these conventional power plants are decreasing. However, these power plants are also the main source of frequency reserves,...
master thesis 2017
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Henriques, Margarida Vigario (author), Stikkelman, R.M. (author)
Renewable energy sources are currently presented as an economically viable and environmentally safe option in the near future. A major constraint to the incorporation of wind and solar generation at large scale is the increase of variability in the power system. To assure the perpetual balance between power production and gross consumption a...
conference paper 2017
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van der Veen, R.A.C. (author), Hakvoort, R.A. (author)
In the unbundled national electricity markets in Europe, the balancing market is the institutional arrangement that deals with the balancing of electricity demand and supply. This paper presents a framework for policy makers that identifies the relevant design variables and performance criteria that play a role in the design and analysis of...
journal article 2016
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Abbasy, A. (author)
The “balancing market” in the liberalized electricity sector of today is the tool in the hands of the system operator to balance generation and consumption in the grid and ensure system security. This dissertation addresses market design issues of balancing services markets from a national perspective, and uses the findings to make practical...
doctoral thesis 2012
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Van der Veen, R.A.C. (author)
In today’s unbundled electricity markets, the balancing market is an intricate institutional arrangement that makes sure that the balance between electricity supply and demand is maintained. In the light of the development of a single electricity market in Europe, harmonization and integration of currently national balancing markets have...
doctoral thesis 2012
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Van der Veen, R.A.C. (author), Abbasy, A. (author), Hakvoort, R.A. (author)
The imbalance settlement design is the part of an electricity balancing market design that stimulates so-called Balance Responsible Parties (BRPs) to balance their electricity production and consumption portfolio and to stick to their energy schedules by penalizing any deviations from these schedules with an imbalance price. There are numerous...
conference paper 2010
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Van der Veen, R.A.C. (author), Abbasy, A. (author), Hakvoort, R.A. (author)
The integration of balancing markets, i.e. market-based balance management arrangements, is regarded as an important next step in the development towards an Internal Electricity Market for Europe, and is expected to largely reduce the costs of real-time balancing by enhancing competition in balancing service markets. However, there is still a...
conference paper 2010
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Van der Veen, R.A.C. (author), Abbasy, A. (author), Hakvoort, R.A. (author)
Imbalance settlement is a vital part of the balancing market, i.e. the institutional arrangement that establishes market-based balance management in liberalized electricity markets. We investigate the impact of the imbalance settlement design on the behaviour of Balance Responsible Parties and thereby on balancing market performance by means of...
conference paper 2010
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Van der Veen, R.A.C. (author), Hakvoort, R.A. (author)
In liberalized power markets, balance responsibility and imbalance settlement are two closely related elements that constitute the heart of a balancing market (which is actually an institutional arrangement establishing market-based balancing). This paper aims to compare balance responsibility and imbalance settlement in the Nordic region,...
conference paper 2009
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