Simulation-based estimation of the economic benefits implied by coordinated balancing capacity procurement and deployment in a day-ahead market model
In this paper we analyze how increasing levels of cooperation in reserve procurement and activation affect the implied economic benefits and the respective network loads assuming various paradigms of coordination. To approach the question we construct a simulation model based on the portfolio-biddin...
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| Format: | Article |
| Language: | English |
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Elsevier
2023-11-01
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| Series: | Energy Strategy Reviews |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2211467X23001980 |