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dc.contributor.authorFlinkerbusch, Kaien
dc.contributor.authorHeuterkes, Michaelen
dc.date.accessioned2011-11-09-
dc.date.accessioned2011-11-14T17:07:29Z-
dc.date.available2011-11-14T17:07:29Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/51264-
dc.description.abstractThis article examines potential cost reductions in the market for balancing power by pooling all four German control areas. In a united control area both the procurement and the production of balancing power may be more efficient than in four separated control areas. Our data contain published bids on energy procurement as well as balancing power flows in the period from December 2007 to November 2008. A reference scenario simulates the market results for primary and secondary balancing power, as well as minutes reserve. Subsequently, we simulate a united control area by pooling the historical bids of each control area and by netting the area imbalances. We show that in the period under review the total costs of procured and produced balancing power are reduced by 17 %. The production costs for secondary balancing power are reduced by even 45 %.en
dc.language.isoengen
dc.publisher|aWestfälische Wilhelms-Universität Münster, Centrum für Angewandte Wirtschaftsforschung (CAWM) |cMünsteren
dc.relation.ispartofseries|aCAWM Discussion Paper |x25en
dc.subject.jelQ42en
dc.subject.jelL1en
dc.subject.jelL94en
dc.subject.ddc330en
dc.subject.keywordElectricityen
dc.subject.keywordBalancing Poweren
dc.subject.keywordRegulationen
dc.titleCost reduction potentials in the German market for balancing power-
dc.typeWorking Paperen
dc.identifier.ppn671790811en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:cawmdp:25en

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