Abstract
In this paper we propose market designs that incorporate the beneficial method of co-optimization to the European energy markets with predominantly sequential energy and control reserve procurement. Co-optimization refers to that reserves are procured and priced jointly with the energy in the same market clearing algorithm. We found that different day-ahead market designs can be formulated, all achieving a co-optimized power exchange (PX) complying with the price-based market coupling process, described as part of the IEM targets.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
