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Balancing market

Balancing market

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This chapter discusses the operation of a balancing market and the provision of ancillary services to manage secure system operation. In particular, it appraises the reserve requirements to manage the impact of intermittent generation.

Chapter Contents:

  • 9.1 Market process
  • 9.2 Ancillary services
  • 9.3 Reserve requirements
  • 9.4 New sources of reserve
  • 9.5 Short-term operating reserve procurement – STOR
  • 9.6 Impact on reserve requirements due to intermittent renewable generation
  • 9.7 Balancing market Germany
  • 9.8 Balancing USA
  • 9.9 Conclusions

Inspec keywords: power markets; power system security

Other keywords: intermittent generation; ancillary service provision; balancing market; reserve requirements; secure system operation management

Subjects: Power system management, operation and economics; Power system control

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