Bid Forwarding as a Way to Connect Sequential Markets: Opportunities and Barriers

Bindu, Samuel; Troncia, Matteo; Ávila, José Pablo Chaves; Sanjab, Anibal

doi:10.1109/eem58374.2023.10161855

Cited by 2 publications

(1 citation statement)

References 6 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…'Forwarding of bids', as proposed in [36], refers to transferring eligible bids not utilized in one market to another. This transfer may occur via an intermediary processing step managed by a designated agent.…”

Section: Sub-market Coordinationmentioning

confidence: 99%

Market-Based TSO–DSO Coordination: A Comprehensive Theoretical Market Framework and Lessons from Real-World Implementations

Troncia,

Chaves Ávila,

Damas Silva

et al. 2023

Energies

Self Cite

View full text Add to dashboard Cite

This paper introduces a theoretical market framework (TMF) for conceptualizing and designing electricity markets, integrating transmission system operator and distribution system operator (TSO–DSO) coordination mechanisms. The TMF represents a comprehensive tool that formalizes new, innovative market concepts and their impact on existing markets, and outlines fundamental categories and decisions essential to market design. This paper, through the TMF, addresses the integration challenges posed by new mechanisms for system services. Utilizing the TMF, the study maps 13 European demonstrators’ TSO–DSO coordination solutions, identifying real-world challenges in designing and implementing novel system services markets. Drawing on these real-world insights, the paper offers market design and policy recommendations to address and overcome the specific challenges in market-based TSO–DSO coordination.

show abstract

Section: Sub-market Coordinationmentioning

confidence: 99%