Barriers to entry in frequency-regulation services markets: Review of the status quo and options for improvements
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...
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Veröffentlicht in: | Renewable & sustainable energy reviews 2018-01, Vol.81, p.605-614 |
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Hauptverfasser: | , , , , |
Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | 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. |
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ISSN: | 1364-0321 1879-0690 |
DOI: | 10.1016/j.rser.2017.08.052 |