Balancing platforms

Cédric Clastres and Laureen Deman

Chapter 5 in Elgar Encyclopedia of Energy Economics, 2025, pp 24-28 from Edward Elgar Publishing

Abstract: This entry discusses the critical need for balancing electricity consumption and generation due to the impossibility of storing large quantities of electricity. It focuses on frequency control, which is vital for maintaining the transmission network's stability by keeping the frequency around its reference value. The document outlines the European platforms for reserve energy—PICASSO, MARI, and TERRE—that harmonise reserve markets across Europe, reducing balancing costs and enhancing supply security. These platforms operate on different time scales and use a transmission system operator (TSO)–TSO model for auction processes. The entry details the reserve categories (primary, secondary, tertiary) and their roles in managing frequency deviations. It also covers the implementation of standard products and merit orders to facilitate exchanges and the adaptation of national reserve market designs to align with the European platforms. The overall objective is to enhance the integration of renewable energy and secure supply through efficient reserve resource sharing.

Keywords: Frequency Control; Reserve Energy; Balancing Platforms; Electricity Transmission; European Energy Market (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035310364
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