News
CATEGORY: Energy, Strategy & Policy
LOCATION: Serbia, Croatia, North Macedonia, Albania, Georgia, Kosovo, Ukraine, Bosnia and Herzegovina, Armenia, Moldova, Montenegro
START/END: 2012
CONSULTANCY BUDGET: 67,350
CLIENT: Energy Community Secretariat
ORIGIN OF FUNDING: Energy Community
PARTNERS: -
LDK’s BUDGET SHARE: 100%
STAFF PROVIDED: 2
Type of Services
Definition of common terminology for ancillary services, balancing energy and related terms.
- Measuring of ancillary services and balancing energy (start and end of service, service volume etc.).
- Pricing of ancillary services in a non-market environment (single service provider) and costs of balancing.
- Regulatory monitoring of ancillary services and balancing.
- Appropriate allocation of balancing costs (imbalance settlement schemes which would develop the market and at the same time will discourage BRP from manipulation).
- Monitoring of imbalance settlements.
- Imbalance- and other financial clearings
- Regulatory treatment of imbalance settlement surplus.
- Feasibility of implementing regional balancing mechanisms
- Improving cross border infrastructure for balancing
- Treatment of cross border balancing energy.
Description
Balancing of electricity flows is of core relevance for the functioning of electricity transmission systems and – beyond that – develops towards becoming one of the pivotal points for network development and regional market integration in the 8th region. Linking the national markets to a regional and more dynamic market will develop strong impact on the load flow situation and might also affect grid stability. Furthermore, the envisaged integration of renewable energy sources and in particular the integration of wind energy creates additional challenge for transmission system operators.
In the light of this, balancing and the characteristics influencing the functionality of balancing system – such as the generation status, power production sources and network design - are in the focus of this project.
