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Market Response for Real-Time Energy Balancing: Simulation using Field Test Data

: Franz, J.; Röben, F.


Institute of Electrical and Electronics Engineers -IEEE-; Institute of Electrical and Electronics Engineers -IEEE-, Power & Energy Society -PES-:
17th International Conference on the European Energy Market, EEM 2020 : 16-18 September 2019, Stockholm, Sweden, Online conference
Piscataway, NJ: IEEE, 2020
ISBN: 978-1-7281-6919-4
ISBN: 978-1-7281-6920-0
International Conference on the European Energy Market (EEM) <17, 2020, Online>
Conference Paper
Fraunhofer ISIT ()

Maintaining the balance between load and generation is crucial to power system stability. Automatic Frequency Restoration Reserves (aFRR) are activated to cope with any imbalance occurring in each Control Area (CA). Other than that, European countries pursue different balancing strategies. Incentivizing market response for real-time energy balancing is a promising balancing strategy, which is applied in the Netherlands and Belgium and is referred to as Passive Balancing (PB). Advantages are reduced demand and costs for aFRR and additional business cases for Balance Responsible Parties (BRPs). The system imbalance and the imbalance price are published close to real-time, enabling BRPs to support the balancing process by optimizing their consumed and generated power. This study addresses the implementation of PB in Germany by simulating the contribution of four real BRPs using measured field test data and object oriented programming.