Summary

When the electricity system is in an emergency state, technical options are not the only means of mitigation; directly or indirectly market interventions by system operators are also common.

This work explores the impact of such interventions on electricity markets during or close to real time dispatch. Interventions support System Operators actions to restore power systems to normal operation by instructing market participants, to act in ways they would not voluntarily do and may have financial consequences on affected participants This impact on market actors often receives little attention, and in many cases, there are no clear rules or procedures in place to compensate affected market participants, complicating the resolution of the aftermath of such interventions. This work is expected to help rule makers better understand the topic and its consequences when designing regulations.

Additional informations

Publication type Webinars
Reference WBN061
Publication year
Publisher CIGRE
Study committees
  • Power system operation and control (C2)
  • Electricity markets and regulation (C5)
Working groups JWG C2/C5.06
File size 934 KB
Pages number 17
Price for non member 50 €
Price for member Free

Video

Speakers

Jan VAN PUTTEN, Anisha CHOPRA, Vivek PANDEY, John GING

Keywords

market intervention, emergency system state, system operator, impact

The Impact of Electricity Market Interventions by System Operators during Emergency Situations
The Impact of Electricity Market Interventions by System Operators during Emergency Situations