Logo NGI
nl
en
Zoeken

infrabase >

publicaties >

a comparison of imbalance settlement designs and results of germany and the netherlands

 
Titel
A comparison of imbalance settlement designs and results of Germany and the Netherlands
Type
artikel vakblad
Referentie

Van der Veen, R.A.C.; A. Abbasy and R.A. Hakvoort: A comparison of imbalance settlement designs and results of Germany and the Netherlands, pp. 1-24. Working paper for the Young Energy Engineers & Economists Seminar (YEEES), 8-9 April (2010). At: Cambridge (UK)

Auteurs
Rudi Hakvoort
 
Reinier van der Veen
Document
Beschrijving

Imbalance settlement is a vital part of the balancing market, i.e. the institutional arrangement that establishes marketbased balance management in liberalized electricity markets. We investigate the impact of the imbalance settlement design on the behaviour of Balance Responsible Parties and thereby on balancing market performance by means of a comparison of the German and Dutch imbalance settlement designs and balancing market results for the period May-December 2009. It is found that Germany has much higher activated balancing energy volumes, imbalance prices and actual BRP cost levels than the Netherlands, but these differences are perhaps rather caused by balancing energy market design differences and differences in intermittent generation shares than by imbalance settlement design differences. The real-time publication of balance regulation in the Netherlands enables internal balancing by BRPs, which may reduce the size of system imbalances. Generally, BRPs will over-contract a little, because of the lower risk of having a negative individual imbalance and because of the evening out of imbalance costs over a longer time period.

Logo NGI

Bouwcampus
Van der Burghweg 1
2628 CS Delft
secretariaat@nginfra.nl
telefoon: 015 303 0900

© 2016 Next Generation Infrastructures