Barriers to entry in frequency-regulation services markets: Review of the status quo and options for improvements
Olivier Borne,
Klaas Korte,
Yannick Perez (),
Marc Petit () and
Alexandra Purkus
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Olivier Borne: GeePs - Laboratoire Génie électrique et électronique de Paris - UP11 - Université Paris-Sud - Paris 11 - UPMC - Université Pierre et Marie Curie - Paris 6 - CentraleSupélec - CNRS - Centre National de la Recherche Scientifique
Klaas Korte: UFZ - Helmholtz Zentrum für Umweltforschung = Helmholtz Centre for Environmental Research
Marc Petit: GeePs - Laboratoire Génie électrique et électronique de Paris - UP11 - Université Paris-Sud - Paris 11 - UPMC - Université Pierre et Marie Curie - Paris 6 - CentraleSupélec - CNRS - Centre National de la Recherche Scientifique
Alexandra Purkus: UFZ - Helmholtz Zentrum für Umweltforschung = Helmholtz Centre for Environmental Research
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Abstract:
As the share of intermittent renewable energy sources increases, it will be necessary to increase the volume of frequency-regulation reserves. New sources of reserves can be found in distributed energy resources: controllable loads, Electric Vehicles (EVs), distributed generation units. However, it is necessary to adapt the frequency-regulation reserve market design to allow these new resources to participate through new market players known as "aggregators". The aim of this paper is to provide a modular framework to analyze frequency regulation markets or mechanisms in order i) to identify barriers to entry for aggregators and ii) to identify some options to overcome these barriers. A case study of the situation in 2016 of four major European frequency regulation markets is performed to show how this framework could be used by aggregators or policy-makers.
Date: 2018-01
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Citations: View citations in EconPapers (37)
Published in Renewable and Sustainable Energy Reviews, 2018, 81, pp.605 - 614. ⟨10.1016/j.rser.2017.08.052⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01660219
DOI: 10.1016/j.rser.2017.08.052
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