In order to limit price peaks in the balancing energy price, the Federal Network Agency introduced the mixed-price system in the balancing market. However, this procedure was not free of problems either.
In the second part of our series on the “The German electricity balancing market in transition” we discuss what problems arose during implementation and how the market behaved.
In order to maintain security of supply at a high level, there must always be a balance between production and consumption in the electricity supply system. This form of system security is the responsibility of the transmission system operators (TSOs).
The balancing energy market exists to enable grid operators to cost-effectively compensate for power and voltage fluctuations in the transmission grid. How this market works is explained in the first part of the series “The German electricity balancing market in transition”.
17 speakers from business, science and politics. 48 hours exchange. 15 years of Energy Brainpool in the electricity market. The who’s who of the energy industry was honoured at the 7th electricity market symposium. Well-known representatives from science, politics and business shared current information and new perspectives with the participants.
The marketing strategy plays a key role in assessing the revenue potential of battery storage on the spot market. Read here about the revenue potential and how marketing strategies differ in terms of effort and results.