Abstract
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.
Cite
CITATION STYLE
Bowler, B., Asprou, M., Hartmann, B., Mazidi, P., & Kyriakides, E. (2020). Enabling Flexibility Through Wholesale Market Changes – A European Case Study. In Lecture Notes in Electrical Engineering (Vol. 610 LNEE, pp. 13–22). Springer. https://doi.org/10.1007/978-3-030-37818-9_2
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