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DOI10.1016/j.enpol.2023.113427
Prevention of strategic behaviour in local flexibility markets using market monitoring - Concept, application example and limitations
Jahns, Christopher; Stein, Tobias; Hoeckner, Jonas; Weber, Christoph
发表日期2023
ISSN0301-4215
EISSN1873-6777
卷号174页码:13
英文摘要Market-based congestion management has been proposed as a more efficient means of coping with congestion issues in zonal market designs. However, strategic behaviour has been identified as a fundamental problem of market-based approaches. This paper focuses on strategic behaviour in the setting of a local flexibility market. In this type of market, trading occurs in parallel with the intraday market and flexibility is verified by reporting baselines through a verification platform. Under these conditions, market monitoring based on statistical tests is presented as a countermeasure. By implementing tests that are robust against autocorrelation and based on the illustrative example, it is shown that the identification of strategic behaviour is possible. In combination with appropriate regulatory sanctioning, strategic behaviour can become less attractive and, in the best case, be prevented leading to a reduction in congestion management costs. The simplified example presented in this paper can serve as a basis for more complex use cases where additional factors need to be considered.
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000926947700001
来源期刊ENERGY POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/272188
作者单位University of Duisburg Essen
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GB/T 7714
Jahns, Christopher,Stein, Tobias,Hoeckner, Jonas,et al. Prevention of strategic behaviour in local flexibility markets using market monitoring - Concept, application example and limitations[J],2023,174:13.
APA Jahns, Christopher,Stein, Tobias,Hoeckner, Jonas,&Weber, Christoph.(2023).Prevention of strategic behaviour in local flexibility markets using market monitoring - Concept, application example and limitations.ENERGY POLICY,174,13.
MLA Jahns, Christopher,et al."Prevention of strategic behaviour in local flexibility markets using market monitoring - Concept, application example and limitations".ENERGY POLICY 174(2023):13.
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