A mini-review on trading mechanisms of emerging joint energy markets with high shares of renewables

A mini-review on trading mechanisms of emerging joint energy markets with high shares of renewables

The intermittence and unpredictability of large-scale renewable integration poses significant challenges to the operation of the electricity market. New paradigms of the joint electricity spot market (EM) and ancillary service market (ASM) incorporating frequency regulation (FR) and flexible ramping...

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Bibliographic Details
Main Authors: Xiang Gao, Chongming Yang, Ziqing Zhu, Yuheng Wu, Yapeng Chen, Zhiying Mu
Format: Article
Language:English
Published: Frontiers Media S.A. 2024-04-01
Series:Frontiers in Energy Research
Subjects:
renewable sources
spot market
ancillary service market
market mechanisms
bidding model
Online Access:https://www.frontiersin.org/articles/10.3389/fenrg.2024.1391813/full

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https://www.frontiersin.org/articles/10.3389/fenrg.2024.1391813/full

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