A smart market approach to coordinate market and grid operations
Abstract
Within the venture ""REGEES"" (REGenerative rEnewable Electricity System) a new approach for a Coordinated Market Grid Operation Management (CMGOM) was developed. It envisages the extension of the balancing process of Balance Responsible Party (BRP) including information of current or estimated grid situation. This paper discusses two different approaches to calculate the restrictions for BRPs by the DSO and the resultant consequences for BRPs optimization. The approaches are applied and assessed in test cases that show their benefits and disadvantages.
