On the participation of wind energy in response and reserve markets in Great Britain and Spain

Calum Edmunds, Sergio Martín-Martínez, Jethro Browell, Emilio Gómez-Lázaro and Stuart Galloway

Renewable and Sustainable Energy Reviews, 2019, vol. 115, issue C

Abstract: Power systems require a wide range of ancillary services in order to function and renewables will be expected to provide such services in line with their increasing penetration. This paper focuses on the participation of wind energy in response and reserve markets. We compare the present situation in Great Britain (GB) and Spain, and make recommendations to support future development. Wind is already participating in a limited range of ancillary services in both countries: frequency response in GB and reserve services in Spain. We analyse the effects of market design, subsidy arrangements, and system-specific needs on participation of wind in these markets, and then make policy recommendations designed to enable increased participation from wind. Our recommendations include the use of short-term markets to enable the use of accurate wind power forecasts, capacity-based subsidy schemes to avoid distorting ancillary service markets, and facilitating the participation of aggregated (single and mixed technology) resources. Country-specific recommendations include revising the current settlement process in GB to remove the incentive to over-estimate short-term generation forecasts, and establishing a competitive frequency containment reserve market in Spain. These recommendations are supported by analysis of publicly available market data.

Keywords: Balancing markets; Wind energy; Reserve markets; Frequency response; Curtailment (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032119305684
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:115:y:2019:i:c:s1364032119305684

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2019.109360

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().