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https://doi.org/10.48441/4427.432
Publisher DOI: | 10.3390/en14082309 | Title: | Smart balancing of electrical power in germany : fuzzy logic model to simulate market response | Language: | English | Authors: | Röben, Felix Schäfers, Hans Meißner, Anna De Haan, Jerom |
Keywords: | Energy market design; Smart balancing; Passive balancing | Issue Date: | 19-Apr-2021 | Publisher: | MDPI | Journal or Series Name: | Energies | Volume: | 14 | Issue: | 8 | Is supplemented by: | 10.5281/zenodo.4699695 | Abstract: | Recent EU legislation enforces the integration of European balancing markets, with har-monized products and international platforms for the procurement and activation of reserves; nonetheless, different power balancing strategies remain. The Netherlands and Belgium encourage market participants to support balancing the control block by publishing real-time information. This article refers to such concepts as smart balancing, and a market simulation tool was developed to assess the relevant market parameters for effective smart balancing. This shall contribute to the true integration of real-time balancing energy markets. The scope of the assessment of relevant market parameters was Germany, and the results showed that a pricing scheme had less impact on the results, as currently is understood by European TSOs and regulators. Moreover, the accuracy and frequency of real-time publication indicate the effectiveness of smart balancing and the associated reduction of the activation of balancing energy and associated costs. Consequently, this article proposed a road map for Germany to introduce an adapted smart balancing approach, starting with a simple traffic light. |
URI: | http://hdl.handle.net/20.500.12738/11178 | DOI: | 10.48441/4427.432 | ISSN: | 1996-1073 | Review status: | This version was peer reviewed (peer review) | Institute: | Competence Center Erneuerbare Energien und Energieeffizienz Department Umwelttechnik Fakultät Life Sciences |
Type: | Article | Additional note: | Röben, F.; Schäfers, H.; Meißner, A.; de Haan, J. Smart Balancing of Electrical Power in Germany: Fuzzy Logic Model to Simulate Market Response. Energies 2021, 14, 2309. https://doi.org/10.3390/en1408230. This article belongs to the Special Issue Behavioural and Societal Aspects of Decision Making in Energy Systems and Markets. The APC was funded by Hamburg University of Applied Sciences. | Funded by: | Hochschule für Angewandte Wissenschaften Hamburg |
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