Frequency Control Markets in Europe and USA
Detailed comparison and analysis of the German, Irish and US control reserve markets
Project Description
Power markets in Europe and the United States are increasingly opened to competition. Both regimes are subject to an ever larger share of renewable energies that require additional regulations to make the system work. Despite these similar requirements, the two continents have taken different directions in implementing such markets and their ancillary services e.g. frequency control.
The proposed project shall describe and compare the different control reserve market regulations in detail. Special focus shall be given on clearly defining the different stakeholders and their responsibilities as well as displaying the underlying information, money and energy flows of control power usage. The focus should lie on the German, Irish and PJM Interconnection LLC (US) areas with different regulations of ancillary services.
The work should argue the pros and cons of each approach and propose topics where one community could learn from the other. In addition, a simple simulation of the dynamics of frequency control of each market should be developed
The project shall be presented orally and with a final report.
The project is supervised by Prof. Dr. rer. nat. Florian Steinke and co-supervised by M.Sc. Allan Santos.
Additional Information
Capacity | Two IREP Students |
Project available for | Spring, Summer and Fall 2024 |
Credits | 12 – 18 ECTS |
Available via Remote | Yes |