A survey of frequency and voltage control ancillary services - Part II: Economic features

Yan G. Rebours, Daniel S. Kirschen, Marc Trotignon, Sébastien Rossignol

    Research output: Contribution to journalArticlepeer-review

    Abstract

    This two-part paper surveys the frequency and voltage control ancillary services in power systems from various parts of the world. In this second part, essential economic features that must be taken into account when designing markets for ancillary services are first discussed. The methods adopted in eight different systems (Australia, France, Germany, Great Britain, New Zealand, PJM, Spain, and Sweden) for trading frequency and voltage control ancillary services are then compared. Lastly, new indicators for comparing volumes and costs of ancillary services across systems are proposed and calculated for the systems included in this survey. The companion paper surveys the technical features of these ancillary services. © 2007 IEEE.
    Original languageEnglish
    Pages (from-to)358-366
    Number of pages8
    JournalIEEE Transactions on Power Systems
    Volume22
    Issue number1
    DOIs
    Publication statusPublished - Feb 2007

    Keywords

    • Ancillary services
    • Cost
    • Frequency control
    • Market
    • Reactive power
    • System services
    • Voltage control
    • Volume

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