Reduced risks and improved economic operation of ancillary services

Van Den Bosch, Paul P.J. and Jokić, Andrej and Hermans, Ralph M. and Frunt, Jasper and Kling, W.L. and Nobel, Frank A. and Boonekamp, Piet and De Boer, Wouter W. (2010) Reduced risks and improved economic operation of ancillary services. = Reduced risks and improved economic operation of ancillary services. In: IEEE International Conference on the European Energy Market 2010 (EEM2010), 23-25.06.2010., Madrid, Spain.

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Present arrangements and regulation for ancillary services for power balance in power systems cannot cope with future developments in power systems as the participants do not receive proper incentives for required behaviour. This paper analyzes the consequences of current arrangements for system operation and stability when all participants make their own trade-off between risks and economic operation. Two-sided markets for ancillary services are proposed to replace the single-sided market of present secondary control arrangements and a price-based control strategy for power imbalances is described which can replace primary control. In contrast with present arrangements for primary control, all participants receive proper incentives such that economically rational behavior supports the global requirements on stability, reliability and minimal costs. Both new proposals guarantee a reliable and efficient operation of power systems in a market environment with responsive, reliable and accountable but also competing prosumers, a large penetration of renewables and continent spanning transmission networks.

Item Type: Conference or Workshop Item (Lecture)
Keywords (Croatian): stability; reliability; economic efficiency; control; ancillary services; power systems
Subjects: TECHNICAL SCIENCE > Electrical Engineering
TECHNICAL SCIENCE > Mechanical Engineering
TECHNICAL SCIENCE > Basic technical sciences
Divisions: 900 Department of Robotics and Production System Automation > 910 Chair of Engineering Automation
Indexed in Web of Science: No
Indexed in Current Contents: No
Date Deposited: 06 Jul 2015 10:46
Last Modified: 19 Nov 2018 12:49

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