A methodology for dynamic procurement of secondary reserve capacity in power systems with significant vRES penetrations
Description
This article reviewed methodologies currently used for allocating secondary balancing capacity in Europe and introduced a new dynamic methodology that considers anticipated future deviations for capacity allocation. It illustrated secondary capacity allocation in Spain for 2022 using historical data from 2019 to 2021. The open-access Multi-agent Trading of Renewable Production (RES.Trade) tool verified that traditional allocation resulted in usage rates of 22% for upward and 37% for downward allocated capacities. The dynamic allocation method, however, increased the utilization of upward and downward capacities by approximately 13% and 8%, respectively, and freed up 11% of resources when not required. Additionally, the study noted a reduction of three instances in extraordinary upward balancing events, along with a rise of 59 events for downward balancing needs.
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DynamicVZenodo.pdf
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Additional details
Funding
- European Union
- TradeRES 864276