Author:

Keywords:

Reserves, Cross-border

Abstract:

Reserves are scheduled day-ahead in order to deal with forecast errors from wind and sun. This study examines reserve coordination in time and space for the Central European electricity system. Four scenarios involving various degrees of coordination for reserves are simulated. A large-scale unit commitment model is used to simulate the electricity markets. The study indicates savings in reserve allocation costs of up to 90% with increasing degree of coordination.