Barriers to entry in frequency-regulation services markets: Review of the status quo and options for improvements. (January 2018)

• Record Type: Journal Article
• Authors: Borne, Olivier; Korte, Klaas; Perez, Yannick; Petit, Marc; Purkus, Alexandra
• Is Part Of: Renewable & sustainable energy reviews. Volume 81:Part 1(2018)
• Page Start: 605
• Page End: 614
• Publication Date: 2018-01
• Subjects: Market design -- Frequency regulation services -- Distributed energy resources; Renewable energy sources -- Periodicals; Power resources -- Periodicals; Énergies renouvelables -- Périodiques; Ressources énergétiques -- Périodiques; 333.794
• DOI: 10.1016/j.rser.2017.08.052
• Languages: English
• ISSNs: 1364-0321

Abstract

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.