Potential Ancillary Service Markets for Future Power Systems
| annif.suggestions | marketing|services|markets (systems)|energy market|electricity market|smart grids|energy production (process industry)|services marketing|Nordic countries|renewable energy sources|en | en |
| annif.suggestions.links | http://www.yso.fi/onto/yso/p5878|http://www.yso.fi/onto/yso/p838|http://www.yso.fi/onto/yso/p1865|http://www.yso.fi/onto/yso/p21557|http://www.yso.fi/onto/yso/p16837|http://www.yso.fi/onto/yso/p29493|http://www.yso.fi/onto/yso/p2384|http://www.yso.fi/onto/yso/p23966|http://www.yso.fi/onto/yso/p94350|http://www.yso.fi/onto/yso/p20762 | en |
| dc.contributor.author | Khajeh, Hosna | |
| dc.contributor.author | Laaksonen, Hannu | |
| dc.contributor.department | Vebic | - |
| dc.contributor.faculty | fi=Tekniikan ja innovaatiojohtamisen yksikkö|en=School of Technology and Innovations| | - |
| dc.contributor.orcid | https://orcid.org/0000-0001-5020-0279 | - |
| dc.contributor.orcid | https://orcid.org/0000-0001-9378-8500 | - |
| dc.contributor.organization | fi=Vaasan yliopisto|en=University of Vaasa| | |
| dc.date.accessioned | 2022-11-03T05:33:34Z | |
| dc.date.accessioned | 2025-06-25T13:51:20Z | |
| dc.date.available | 2024-10-20T22:00:06Z | |
| dc.date.issued | 2022-10-20 | |
| dc.description.abstract | Future renewable-based power systems require more flexible energy resources that provide ancillary services. Ancillary services help transmission system operators (TSO) and distribution system operators (DSO) operate their networks. It is thereby necessary to know the existing ancillary services’ technical requirements and market structures in order to design future ancillary or flexibility service markets. In this regard, this paper firstly introduces the existing TSO-level ancillary service markets in Nordic countries. Their technical requirements, capacity prices, and market outcomes are assessed based on the Finnish capacity markets. Then, the DSO-level markets are discussed by introducing the projects that develop markets for DSO needs. Finally, new ancillary service markets are proposed that are designed for the future renewable-based more decentralized system. In the proposed market, local flexible energy resources can provide active and reactive power related flexibility services for both TSO and DSO. | - |
| dc.description.notification | ©2022 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works. | - |
| dc.description.reviewstatus | fi=vertaisarvioitu|en=peerReviewed| | - |
| dc.embargo.lift | 2024-10-20 | |
| dc.embargo.terms | 2024-10-20 | |
| dc.format.bitstream | true | |
| dc.format.content | fi=kokoteksti|en=fulltext| | - |
| dc.format.extent | 6 | - |
| dc.identifier.isbn | 978-1-6654-0897-4 | - |
| dc.identifier.olddbid | 17030 | |
| dc.identifier.oldhandle | 10024/14678 | |
| dc.identifier.uri | https://osuva.uwasa.fi/handle/11111/2865 | |
| dc.identifier.urn | URN:NBN:fi-fe2022110364456 | - |
| dc.language.iso | eng | - |
| dc.publisher | IEEE | - |
| dc.relation.conference | International Conference on European Electricity Market, EEM | - |
| dc.relation.doi | 10.1109/EEM54602.2022.9921133 | - |
| dc.relation.funder | Ella and Georg Ehrnrooth Foundation | - |
| dc.relation.isbn | 978-1-6654-0896-7 | - |
| dc.relation.ispartof | 2022 18th International Conference on the European Energy Market (EEM) | - |
| dc.relation.issn | 2165-4093 | - |
| dc.relation.issn | 2165-4077 | - |
| dc.relation.url | https://doi.org/10.1109/EEM54602.2022.9921133 | - |
| dc.source.identifier | https://osuva.uwasa.fi/handle/10024/14678 | |
| dc.subject | TSO | - |
| dc.subject | DSO | - |
| dc.subject | ancillary service markets | - |
| dc.subject | frequency regulation | - |
| dc.subject | voltage control | - |
| dc.subject | congestion management | - |
| dc.subject.discipline | fi=Sähkötekniikka|en=Electrical Engineering| | - |
| dc.title | Potential Ancillary Service Markets for Future Power Systems | - |
| dc.type.okm | fi=A4 Artikkeli konferenssijulkaisussa|en=A4 Peer-reviewed article in conference proceeding|sv=A4 Artikel i en konferenspublikation| | - |
| dc.type.publication | article | - |
| dc.type.version | acceptedVersion | - |
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