<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The national energy and climate plans developed by the Baltic States for the period up to 2030 foresee a significant increase in the share of renewable energy in final consumption. Therefore, the development of wind, solar and distributed generation in the Baltic electricity system is expected to increase significantly in the next decade and, thus, the need for balancing capacity will increase. The planned synchronisation of the Baltic power system with the power system of Continental Europe in 2025 will also increase the need for frequency restoration and balancing reserves. At the same time, the shutdown of uncompetitive thermal power plants in the Baltics reduces centralized generation capacity. If this trend continues, the risk of electricity supply shortages will increase in the future. Therefore, it is important to identify activities that help mitigate this risk and take timely actions.</p></abstract>

The national energy and climate plans developed by the Baltic States for the period up to 2030 foresee a significant increase in the share of renewable energy in final consumption. Therefore, the development of wind, solar and distributed generation in the Baltic electricity system is expected to increase significantly in the next decade and, thus, the need for balancing capacity will increase. The planned synchronisation of the Baltic power system with the power system of Continental Europe in 2025 will also increase the need for frequency restoration and balancing reserves. At the same time, the shutdown of uncompetitive thermal power plants in the Baltics reduces centralized generation capacity. If this trend continues, the risk of electricity supply shortages will increase in the future. Therefore, it is important to identify activities that help mitigate this risk and take timely actions.

Role of Balancing Markets in Dealing with Future Challenges of System Adequacy Caused by Energy Transmission

Latvian Journal of Physics and Technical Sciences

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The national energy and climate plans developed by the Baltic States for the period up to 2030 foresee a significant increase in the share of renewable energy...

Role of Balancing Markets in Dealing with Future Challenges of System Adequacy Caused by Energy Transmission

Published Online: May 11, 2020

Page range: 48 - 56

DOI: https://doi.org/10.2478/lpts-2020-0015

Keywords
Baltic ACE, Baltic balancing market, Baltic power system

© 2020 G. Junghans et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Role of Balancing Markets in Dealing with Future Challenges of System Adequacy Caused by Energy Transmission

Published Online: May 11, 2020

Page range: 48 - 56

DOI: https://doi.org/10.2478/lpts-2020-0015

KeywordsBaltic ACE, Baltic balancing market, Baltic power system

© 2020 G. Junghans et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
Baltic ACE, Baltic balancing market, Baltic power system