Economics of control reserve provision by fluctuating renewable energy sources

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Title: Economics of control reserve provision by fluctuating renewable energy sources
Authors: Jansen, M
Item Type: Conference Paper
Abstract: The delivery of control reserve by fluctuating renewable energy sources (RES) generators will be important in an energy system with high RES penetration. This paper extends a previously introduced methodology to quantify the possible additional income of different pools of fluctuating RES generators in the negative secondary and tertiary control reserve market in Germany. The updated methodology allows concluding on the ideal market conditions by comparing different pool types and years. The development of the results over a long assessment period allows extrapolating the market value of the new market participants into the future. Results show a high dependency of the possible additional income on the overall market size and the market conditions and regulations.
Issue Date: 28-Jul-2016
Date of Acceptance: 1-Jun-2016
URI: http://hdl.handle.net/10044/1/64200
DOI: https://dx.doi.org/10.1109/EEM.2016.7521342
ISBN: 9781509012978
ISSN: 2165-4077
Publisher: IEEE
Journal / Book Title: 2016 13th International Conference on the European Energy Market (EEM)
Copyright Statement: © 2016 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
Conference Name: 2016 13th International Conference on the European Energy Market (EEM)
Publication Status: Published
Start Date: 2016-06-06
Finish Date: 2016-06-09
Conference Place: Porto, Portugal
Open Access location: https://doi.org/10.1109/EEM.2016.7521342
Appears in Collections:Centre for Environmental Policy



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