The next step in the Central Western European electricity market: cross-border balancing
Vandezande, Leen ; Meeus, Leonardo ; Belmans, Ronnie
Vandezande, Leen
Meeus, Leonardo
Belmans, Ronnie
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Publication Type
Journal article
Editor
Supervisor
Publication Year
2008
Journal
Revue-E
Book
Publication Volume
124
Publication Issue
1
Publication Begin page
19
Publication End page
24
Publication Number of pages
Collections
Abstract
Following initiatives on the day-ahead and intra-day stage, a regional approach towards real-time balancing constitutes a logical next step in the process towards a single Central Western European electricity market. For the moment, balancing market designs still significantly differ between the countries of the region and a coordinated approach for cross-border exchange of balancing services is lacking. Further harmonisation and coordination efforts are consequently required to enable the implementation of a single cross-border balancing market in the region.
Research Projects
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Journal Issue
Keywords
Energy Markets, Balancing Markets, Central West Region, Cross-Border Balancing, Market Integration